Argentina’s YPF has won a bid to explore for oil in offshore blocks near the coast of Uruguay with Petrobras and GALP.

Go to Source

Matra applied for and has now received formal approval from the relevant Russian authorities for an area extension to the north of the pre-existing Arkhangelovskoe license boundary.

Go to Source

San Leon’s wholly owned Polish subsidiary was awarded the Braniewo oil and gas exploration license in the Baltic Basin onshore northern Poland.

Go to Source

Uzbekneftegaz and CNPC reportedly met in Uzbekistan to discuss prospects for joint activities on expanding exploration work and increasing oil and gas extraction.

Go to Source

Spectrum has acquired and processed seismic data in the eastern Gulf of Mexico which allows oil companies to evaluate the prospectivity of this region ahead of proposed lease sales.

Go to Source

Despite a rally to nearly $72 earlier in the day, crude oil again dropped below $70. With mixed indicators stemming from decreased oil and increased petroleum product inventories, traders today stayed away.

Go to Source

Argentina’s YPF has won a bid to explore for oil in offshore blocks near the coast of Uruguay with Petrobras and GALP.

Go to Source

Mexico’s oil-export tax revenues totaled $27.34 billion between January and May, 10.3% less than in the same period of last year, officials said.

Go to Source