Major offshore services firms in Singapore and Malaysia may be slightly more optimistic next year due to expectations that the recent upswing in contract awards can be sustained into the future.
Coal-bed methane firm Green Dragon Gas signs a memorandum of understanding with PetroChina concerning CBM blocks in China.
By 2040, ExxonMobil says, 65% of the world's recoverable crude oil will still be in the ground.
Chevron will join forces on shale gas exploration in south-eastern Poland with local state-controlled gas firm PGNiG to lower costs and speed up the work, PGNiG says.
Mexico's Congress votes to open the country's moribund state-run oil industry to private investment after a raucous, overnight debate over the most dramatic energy reform in decades.
Oil prices barely budged Thursday, as concern about weak demand for gasoline and diesel fuel offset solid retail sales data in the U.S.
Staatsolie says the local subsidiary of CEPSA has acquired a 25% share in an offshore oil block where Staatsolie is partnered with Apache of the United States.
Wood Group says it expected to meet forecasts for 2013 growth, but warned that profits from its engineering division would be down by between next year.
Opening Mexico's oil sector to foreign investors would be "very good" for the country's people and a "win-win" for all involved, an ExxonMobil executive says.
Around 600 workers at a China National Petroleum Corporation oil block in Niger began a 48-hour strike on Thursday to protest pay and conditions, the National Union of Petroleum Workers said.