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DEA Norge AS is to acquire interests in seven licenses in the Njord area in the Norwegian Sea from Engie E&P Norge AS.

Cyprus’s Ministry of Energy, Commerce, Industry, and Tourism has awarded Blocks 6, 8, and 10 in the country’s exclusive economic zone to four international firms.

The crude oil futures price for February delivery rose closer to $54/bbl on the New York market Dec. 27 while the February delivery price for Brent crude oil climbed above $56/bbl on the London market.

US House Energy and Commerce Committee leaders asked the Government Accountability Office to investigate whether the US Strategic Petroleum Reserve is being managed effectively and if the US should continue its participation in the International Energy Agency.

BP PLC has purchased Australian retailer Woolworths’ national chain of retail outlets for $1.8 billion (Aus.). The deal includes 527 fuel convenience sites and 16 development sites around Australia.


RT @exxonmobil: Today we announced our plans to join the Oil and Gas Climate Initiative, a voluntary initiative representing 13 of the worl…

Attention college students and faculty! Exhibit your projects and research while networking with leaders on shale d… https://t.co/n9YBw4p7Bs

RT @CEAorg: Our latest report outlines how #naturalgas helped grow jobs for West Virginians and save them more than $4 billion over the las…