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Unconventional Resources News

Illinois governor signs hydraulic fracturing regulation

Jun 18, 2013

Illinois Gov. Pat Quinn has signed into law regulation for high-volume hydraulic fracturing, the governor’s office said in a news release.

Chevron, PDVSA sign Petroboscan finance deal

Jun 17, 2013 Chevron International and Petroleos de Venezuela SA have signed a $2 billion long-term credit line for their Petroboscan joint venture that PDVSA says aims at raising production at Boscan heavy oil...

Shale gas exploration deal with Chevron pending, Ukraine official says

Jun 14, 2013 A tentative agreement has been reached between Ukraine officials and Chevron Corp. regarding exploration for shale natural gas in Oleska field in western Ukraine, Energy Minister Eduard Stavytsky t...

Centrica to buy stake in shale gas area from Cuadrilla

Jun 13, 2013

Centrica PLC bought a 25% interest in a license for the Bowland basin shale project in Lancashire, UK, from Cuadrilla Resources Ltd. and AJ Lucas for $62.6 million. Centrica owns British Gas.

Statoil to operate Georgina basin shale program

Jun 12, 2013 A unit of Statoil ASA and PetroFrontier Corp., Calgary, agreed to amend a mid-2012 farmout under which Statoil Australia Oil & Gas AS will become operator of an exploratory joint venture aimed ...

Chevron, PDVSA sign Petroboscan finance deal

Jun 11, 2013 Chevron International and Petroleos de Venezuela SA have signed a $2 billion long-term credit line for their Petroboscan joint venture that PDVSA says aims at raising production at Boscan heavy oil...

Shale oil, gas resources ‘abundant’ worldwide, EIA/ARI study finds

Jun 10, 2013 Shale oil and shale gas resources are “abundant” around the globe, according to a recent study conducted by Advanced Resources International Inc. under contract to the US Energy Information Adminis...

CAPP expects Canadian oil production to double by 2030

Jun 10, 2013 With oil sands production climbing steadily and conventional production rebounding, Canadian oil production will more than double by 2030, predicts the Canadian Association of Petroleum Producers.

British Columbia rebuffs Northern Gateway pipeline

Jun 10, 2013

An important westbound route for Canadian bitumen has met new official resistance in the province it would cross.

Alberta Oil Sands inks Algar Lake farmout

Jun 6, 2013 Alberta Oil Sands Inc. (AOS), Calgary, has entered a farmout agreement with privately held Crescendo Resources Ltd. that will advance exploration of its Algar Lake oil sands prospect in Alberta.

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Oil & Gas Conferences

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Event Title Date Type

Oil Sands and Heavy Oil Technologies

July 23, 2013

AIPN Internation Conference

October 21, 2013

Deep Offshore Technology International

October 22, 2013

PetroWorld India

October 24, 2013

Deepwater Operations Conference & Exhibition

November 05, 2013