Exploration News

The latest upstream oil and gas news from around the world.
  1. Explorers Crank Rig Count Higher as US Crude Supplies Dwindle

    Oil explorers deployed more U.S. rigs this week as increasingly tight crude supplies pushed prices to their highest since 2014.
  2. Norway's Odfjell Drilling to Expand Fleet as Rig Market Recovers

    Offshore rig firm Odfjell Drilling plans to expand its floating rig fleet to between six and 10 from four now, it said on Friday.
  3. Trump Administration Begins Review Process for Drilling in Alaska Refuge

    Alaskan lawmakers have been fighting for decades to open the refuge.
  4. Philippines Hopes For Sea Exploration Pact With China This Year

    Philippine Foreign Secretary Alan Peter Cayetano is confident that an agreement with China to jointly explore for oil and gas in South China Sea can be signed this year.
  5. Australia's Northern Territory Lifts Fracking Ban

    Australia's Northern Territory lifts a nearly 2-year moratorium on fracking to extract gas, unlocking vast onshore reserves in the resource-rich region.

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