oil drilling

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Iran planning more oil drilling

One of the first oilfields likely to receive post-sanctions contracts in Iran is scheduled for additional exploration and production work, UPI reported. SHANA, the Iranian oil ministry’s news website, said the National Iranian Drilling Co….


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Granite Oil Corp provides update on drilling program

Granite has invested significantly in the gas injection Enhanced Oil Recovery (‘EOR’) scheme on its 100% owned and operated Bakken oil pool in 2016, taking advantage of low equipment costs and natural gas prices to…



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Editorial: Keep oil drilling away from Florida

Oil spills recognize no international borders or regulatory boundaries. They show no mercy for tourism economies or pristine beaches. So while Tampa Bay has been spared from the most devastating consequences of major spills in…



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Drilling rig leaks oil off Scottish coast

Two fuel tanks on the drilling rig Transocean Winner, which ran aground off the coast of Scotland while being towed, have leaked an unknown amount of diesel oil. Transocean Ltd spokeswoman Pam Easton said on…


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Magnolia Petroleum raises £250,000 for drilling

Magnolia Petroleum PLC (LON:MAGP) has raised £250,000 through a share placing to support its portfolio of assets in Oklahoma. The oil and gas junior told investors the proceeds would fund current drilling commitments on its…



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Oil drilling moratorium stays

The government is not in hurry to explore the West Philippine Sea for oil and gas, after it received a favorable decision from the international tribunal in The Netherlands over a territorial dispute with China….