Talisman Says Approached by Repsol about Deal
Talisman Energy Inc said on Wednesday it has been approached by Repsol , a day after a report that the Spanish oil producer was considering a bid for Canada's No. 5 oil company. Talisman, which operates in North America, southeast Asia and the North Sea, has long been considered a takeover…
Canada's Light Oil Boom Delights Producers
Canada is enjoying an unexpected boom in production of ultra-light crude known as condensate, defying long-held predictions of dwindling supply. This surprising bounty from one corner of Alberta, better known as the home to Canada's vast tar-like oil sands reserves, is a boon for firms…
China Oil Major to Step Up 2014 Offshore Exploration Plans
The company says it has an extensive exploration program and plans to drill roughly 155 exploration wells and acquire approximately 26.7 thousand kilometers of 2-Dimensional (2D) seismic data as well as approximately 19.4 thousand square kilometers of 3-Dimensional (3D) seismic data.
