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Rigzone Exploration News

The latest upstream oil and gas news from around the world.
  1. ANP published the model contract for its 14th round auction of oil and natural gas exploration rights, scheduled for Sept. 27.
  2. Mexico's oil regulator, the National Hydrocarbons Commission, set Jan. 31 as the date for the next round of auctions.
  3. Many key crude projects have been put on ice in Brazil due in part to steep costs stemming from tough local content rules.
  4. The investment is the largest specific project announcement since March in Vaca Muerta, one of the world's largest shale formations.
  5. A Japanese group's plans to explore for Russian oil with Rosneft PJSC have been stymied by US intervention over sanctions, according to people.
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