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Pakistan Strikes Critical Win With Oil, Gas Wildcat Discovery

OilPrice

Pakistan’s state-owned Oil & Gas Development Company Limited (OGDCL) has hit a new reservoir of oil and gas at its Faakir-1 wildcat well—an onshore discovery in Sindh province that could help reverse the country’s deepening energy crisis. Drilled to a depth of 4,185 meters, the well tested at 6.4

Gas
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Angola's First Major Gas Discovery Could Anchor Its $150 Billion Strategy

OilPrice

Angola has made a major natural gas discovery, marking a breakthrough in the country’s efforts to diversify its fossil fuel production. This is the first natural gas exploration by the former… Azule Energy, a joint venture between BP Plc (NYSE:BP), Eni S.p.A.

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Var Energi Makes Gas Discovery Near Norwegian Sea Oilfield

OilPrice

Var Energi has made a commercial gas and condensate discovery near its Fenja oilfield in the Norwegian Sea and could develop it as a tie-in to the producing field, the Norwegian oil company said on Monday. The discovery is only 8 kilometers (5 miles) from the existing Fenja subsea…

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New Energy Discovery Could Help Pakistan Cut Costly Fuel Imports

OilPrice

Pakistan Oilfields Limited (POL) and Oil and Gas Development Company Limited (OGDCL) have announced the successful completion of hydrocarbon production testing at the Makori Deep-03 Development Well in the TAL Block in Khyber Pakhtunkhwa. million standard cubic feet of gas per day (MMSCFD), according to a filing by POL.

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U.S. Majors Cash In as Permian Dominance Widens the Oil Gap

OilPrice

Upstream oil and gas—industry-speak for the exploration and production end of the business—has always been a game of geology, timing, and money. According to Wood Mackenzie, crude and condensate production across the U.S. According to Wood Mackenzie, crude and condensate production across the U.S. Right now, U.S.

E&P
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BP-Eni JV makes major gas discovery offshore Angola

Oil & Gas 360º

(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. Adriano Mongini, CEO of Azule Energy, commented: “This is a landmark moment for gas exploration in Angola.

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Who Is The World's Top Oil Producer?

Rigzone

produced 20.135 million barrels of oil per day in 2024. Saudi Arabia was shown in the report to be second biggest oil producer in the world last year, with 10.856 million barrels per day. Russia was ranked third for oil production in the EI report, with 10.752 million barrels per day. The report showed that the U.S.