Exploration News

    Rigzone.com: Exploration News

    The latest upstream oil and gas news from around the world.

  • Report: Petrobras, Brazil Dispute Transfer Of Rights Worth $30B

    Brazil's government and Petrobras are locked in a dispute over the value of offshore oil blocks involving an estimated $30 billion.
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  • Local Media: Local Firm Wins Shale Gas Block Auction In China's Guizhou

    A local firm on Friday won the right to explore and develop a shale gas block in the southwestern Chinese province.
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  • Governor Urges Trump To Drop Virginia From Offshore Drilling Plan

    Virginia Governor Terry McAuliffe urged the Trump administration to exclude his state from a federal offshore oil and gas drilling plan.
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  • Oil Producers Signal Offshore Return In Latest Gulf Of Mexico Auction

    Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million, a nearly seven-fold increase from a year ago.
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  • China To Develop New Shale Gas Fields, Plans Guizhou Auction This Week

    China plans to develop two new shale gas fields in the south of the country and open up tenders for more oil and gas exploration blocks, the Ministry of Land Resources says.
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  • Britain's Tullow Launches Oil, Gas Exploration In Zambia

    Tullow Oil starts exploring for oil and gas in Zambia.
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  • Exploration Chief: Mexico's Pemex Seeks Oil Projects In Americas

    Pemex is looking for oil projects in the United States, Brazil, Colombia and Argentina to keep up output after an energy reform.
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  • No-Name US Oil Driller Gets Shot at World's Top Reserves

    'It's very unorthodox to see a small player like Horizontal Well Drillers pop up on a project this size,' said Luke Lemoine, an energy analyst at Capital One Securities Inc.
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  • Energy Explorers Search Pakistani 'Wild Cat Areas' as Fields Dry

    Pakistan's state-owned companies are spending record amounts on energy exploration, including in areas more known for separatist insurgency, as old fields start to dry up.
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  • From a Little-Known Shale Play in New Mexico, BP Gets a Gusher

    BP may have just found a gem in a largely ignored corner of New Mexico.
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  • Greece Launches New Offshore Oil And Gas Tenders

    Greece launches two tenders for offshore oil and gas exploration and exploitation in the west and south of the country, the energy ministry says.
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  • Big Oil's Dream of $65 Billion Hidden Off Norway Is Fading Away

    The oil industry has been salivating for years over Norway's Arctic Lofoten islands, which could hold billions of barrels of crude. It will likely have to keep dreaming.
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  • The Shale Revolution and the Great Crew Change

    There are not many Explorationists left.
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  • Malaysia's Petronas Says Awarded Shallow-Water Oil And Gas Block In Mexico

    Petronas says it has been awarded a shallow-water oil and gas exploration block that it will jointly operate with Ecopetrol in the Mexican portion of the Gulf of Mexico.
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  • Repsol Says Drilling Suspended On Vietnam Oil Block Disputed By China

    Repsol says it had suspended oil drilling in a block off Vietnam, where the prospecting in South China Sea waters claimed by China had infuriated Beijing and brought Chinese pressure on Vietnam to stop.
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  • Nigeria To Continue Oil Exploration In Lake Chad Basin Despite Kidnapping

    Nigerian scientists will continue to search for oil in the restive Lake Chad Basin region despite a kidnapping of some researchers by suspected Boko Haram members.
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