gas resources

Oil & Gas

Mexico project work for Petrofac

Energy service firm Petrofac said yesterday it and Schlumberger had been declared "selected bidder" for work on a major project in Mexico.

Oil & Gas

USGS signals Arctic bonanza

Vast petroleum reserves lie north of the Arctic Circle, according to the US Geological Survey - more than 400billion barrels oil equivalent of potentially recoverable oil, natural gas and liquids. And most of it seems to lie offshore.