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26 Jun 16
India: Oilex planning new well at Cambay
Oilex plans to drill a vertical well at the Cambay Block in Gujarat state in India. The well will target the Eocene siltstone (EP-IV or Y Zone) and is essential prior to drilling a horizontal extension for potential later fracking and exploitation of the Eocene siltstones.
26 Jun 16
Russia: Rosneft and and Beijing Enterprises sign agreement on Verkhnechonskoe field development
Rosneft and Beijing Enterprises Group have signed Heads of Agreement on the potential sale by Rosneft of 20% shares in Verkhnechonskneftegaz, a Rosneft subsidiary which holds a licence to develop the Verkhnechonskoe oil, gas and condensate field.
26 Jun 16
Israel's Harel in talks with Noble to buy stake in Tamar gas field
Israel's Harel Insurance Investments and Financial Services said on Sunday it is in talks to buy up to 4 percent in the Tamar natural gas field from Texas-based Noble Energy.
26 Jun 16
Germany: DONG Energy to build German offshore wind farm Borkum Riffgrund 2
DONG Energy has decided to build the German offshore wind farm Borkum Riffgrund 2, which is expected to be fully commissioned in the first half of 2019. Borkum Riffgrund 2 is the Company's fourth offshore wind farm in Germany.
26 Jun 16
Australia: Finder Exploration awarded new Exploration Permit in the Vulcan Sub-basin
Finder Exploration has added a new and highly prospective Exploration Permit to its portfolio. Exploration Permit AC/P 61 is located in the Vulcan Sub-basin, western Bonaparte Basin in the Timor Sea.
26 Jun 16
UK: Oil & Gas UK statement on EU Referendum outcome
Oil & Gas UK issued a statement on the the EU Referendum outcome on Friday, in which it called for the UK Government to clearly outline the process which will follow to minimise any potential period of uncertainty.
26 Jun 16
UK: BP to keep UK headquarters despite British EU exit vote
BP said on Friday its headquarters would remain in the United Kingdom, despite Britain voting to leave the European Union.
26 Jun 16
Colombia: Ecopetrol offers 20 production assets to oil and gas companies
Ecopetrol has launched 'Ronda Campos 2016,' a public and competitive bidding process, the objective of which is to offer to oil and gas companies Ecopetrol's stake and interests in 20 production assets located in the regions of Catatumbo, the Magdalena Middle and Upper Valley, Llanos and Putumayo.
26 Jun 16
Netherlands: Dutch government lowers Groningen gas output cap to 24 bcm
The Dutch government said on Friday it would lower the cap on production at the Groningen gas field, which has supplied up to 10 percent of European demand, to 24 billion cubic metres a year for the next five years.
26 Jun 16
Seabird signs agreement for 2D vessel survey in North West Europe
SeaBird Exploration has signed an agreement to supply one 2D vessel for an upcoming survey in North West Europe during this coming summer season.
24 Jun 16
Gazprom Neft to collaborate with IBM in the application of information technologies in E&P
Gazprom Neft has signed a memorandum of cooperation with IBM at this year’s St Petersburg International Economic Forum covering the use of information technologies in exploration and production (E&P).
24 Jun 16
Shell says will work with UK, EU on Brexit implications
Royal Dutch Shell will work with the British government and European institutions on any implications for its business from Britain's decision to leave the European Union, a spokesman said on Friday.
24 Jun 16
Circle Oil announces financial update
AIM-listed Circle Oil has announced that International Finance Corporation ('IFC') has agreed to extend the suspension of the December 2015 redetermination and any repayments due under its Reserve Based Lending ('RBL') facility until 22 July 2016.
24 Jun 16
Western Sahara: Hague and London Oil acquires Premier Oil's Western Sahara exploration licences
AIM-listed Hague and London Oil has announced the acquisition, via its wholly-owned subsidiary Maghreb Exploration, of Premier Oil (SADR), which holds interests in five exploration licence areas in the Sahrawi Arab Democratic Republic ('Western Sahara').
24 Jun 16
UK: Oil prices dive as Britain votes to leave EU
Oil prices slumped by more than 6 percent on Friday after results of a landmark referendum showed Britain had voted to leave the European Union, causing huge market uncertainty and fracturing European efforts to forge greater unity.



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