Upstream oil and gas news | Inspenet

Upstream activities represent the starting point of the oil and gas value chain, focusing on the exploration, evaluation, and production of hydrocarbon resources. This category features news covering new resource discoveries, field development projects, drilling campaigns, and exploration initiatives across major energy regions worldwide.

Coverage includes both onshore and offshore operations, technological advancements in geological exploration and drilling, exploration licensing rounds, partnerships between energy companies, and the expansion of production activities. News also highlights strategic investments, government initiatives, and projects aimed at improving resource recovery and strengthening energy supply.

Stories in this category reflect the evolving landscape of exploration and production as the industry addresses technological, operational, and environmental challenges within the global energy sector.

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Upstream

Shell seeks to re-enter Guyana for exploration

Inspenet. · March 10, 2023

Inspenet, March 10, 2023 After paring losses offshore Guyana 10 years ago, Shell could turn a surprising return, as Petrobras, Chevron and Shell are…

Upstream

China announced the discovery of a large oil field in the Bohai Gulf

Inspenet. · March 8, 2023

Inspenet, March 8, 2023 The China National Offshore Oil Corporation (CNOOC) has discovered a large oil field with reserves of up to 100 million…

Upstream

ExxonMobil interested in Guyana offshore gas development

Inspenet. · February 17, 2023

Inspenet, February 17, 2023 ExxonMobil Guyana Chairman Alistair Routledge said during a press conference in Georgetown that the company is "watching very closely the…

Upstream

Upstream Data harnesses methane from the oil industry to mine Bitcoin

Inspenet. · February 7, 2023

The Canadian energy optimization company Upstream Data Inc. uses oil and gas waste to mine Bitcoin and reduce CO2 emissions.

Upstream

Canacol Energy announced new gas discoveries in Colombia

Inspenet. · January 26, 2023

Inspenet, January 26, 2023 Canacol Energy announced new natural gas discoveries in Colombia and its drilling plan. These are the Saxophone 1, Dividivi 1…

Upstream

Italian company Eni discovers gas field in Egypt

Inspenet. · January 17, 2023

Inspenet, January 17, 2023. Italian energy company Eni reported the discovery of a new gas field off the coast of Egypt in the eastern…

Upstream

Qatar Energy, BP, ExxonMobil and Equinor win blocks to explore offshore Canada

Inspenet. · January 3, 2023

By: Inspenet, November 7, 2022. Canada announced to the oil companies that they were awarded the blocks to explore offshore in the Eastern Newfoundland…

Upstream

CNOOC starts production on its innovative offshore platforms

Inspenet. · December 13, 2022

By: Inspenet, December 13, 2022. Chinese state-owned giant CNOOC has started production from the jointly developed oilfields: Enping 15-1/10-2/15-2/20-4. These projects are located in…

Upstream

Aramco discovers two new unconventional gas fields

Inspenet. · December 6, 2022

By: Inspenet, December 6, 2022. Saudi Arabia's Energy Minister, Prince Abdulaziz bin Salman bin Abdulaziz, announced that Saudi Aramco has discovered two new unconventional…