Latest Stories

Angola wraps up 2019 bidding round by awarding three blocks

22 January 2020

Angola's National Agency for Oil, Gas and Biofuels (ANPG) has chosen a winner in auctions for three of the 10 blocks involved in the 2019 bidding round.

CNPC unveils exploration plans

21 January 2020

China’s largest oil and gas producer has outlined plans not just to increase its output this year, but for the first time to balance it equally between crude oil and natural gas.

Romania to scrap deal with Chinese partner to expand Cernavoda nuclear power plant

21 January 2020

Prime Minister Ludovic Orban cited the EU's new Green Deal rather than security issues or cost concerns circulated previously as the main reason behind a potential end of the deal with CGN.

Argentina hopes new regulations will attract oil, gas investment

21 January 2020

Argentina’s President Alberto Fernandez is reportedly gearing up to send legislation to Congress outlining plans for the establishment of a new regulatory framework for oil and gas investment.

GeoPark boosts Colombia assets through Amerisur acquisition

21 January 2020

GeoPark, a New York-listed company focused on Latin American upstream projects, has wrapped up its previously announced acquisition of Amerisur Resources. The deal adds significant new assets in Colombia to the US firm’s portfolio.

Japan’s MODEC seeks to grow offshore Brazil

21 January 2020

Japan’s MODEC, a manufacturer of floating oil and gas equipment, has said it plans to grow its business in Brazil, the largest oil producer in South America, by winning one or two major platform contracts each year.