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Brazilian round draws record bid total

Brazil’s 11th bidding round for onshore and offshore exploration rights, its first in 5 years, auctioned 142 blocks and drew bids totaling a record $1.4 billion.

Anadarko finds more Mozambique gas, oil shows off Kenya

Anadarko Petroleum Corp.-led groups have drilled a new natural gas accumulation near the center of Offshore Area 1 in the Rovuma basin offshore Mozambique and encountered noncommercial oil shows off northern Kenya.

Manifa oil flow starts offshore Saudi Arabia

Production has begun from the first phase of development of Manifa oil field offshore Saudi Arabia and is expected to reach 500,000 b/d by July.

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Editor's Perspective - Video Blog

UK shale slowdown linked to flawed debate on climate

Thu May 16 15:06:00 CDT 2013
“Environmentalists don’t want safer shale gas. They want no shale gas.”

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