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Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

Oil & Gas 360º

With this step, we significantly enhance our scale and gain strategic multi-basin positioning, all while maintaining a resilient balance sheet. The return of a public Company to the basin underscores the deep value and long-term potential of the asset.

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New Era Helium Advances Hyperscaler Discussions and Prepares for Board Expansion to Accelerate AI Infrastructure Strategy in the Permian Basin

Oil & Gas 360º

Nasdaq: NEHC) (“NEHC” or the “Company”), a next-gen exploration and production platform in the Permian Basin, today announced that Texas Critical Data Centers, LLC (“TCDC”) its joint venture with Sharon AI, Inc., is a next-gen exploration and production platform unlocking the full value of its Permian Basin assets. New Era Helium, Inc.

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Turkey, Pakistan To Explore World’s Fourth Largest Oil & Gas Reservoir

OilPrice

A bidding round for the granting of exploration licenses for the blocks, located in the Makran and Indus basins, was announced by the Pakistan government in February. The two countries this week signed an agreement at the 2025 Pakistan Minerals Investment Forum in Islamabad to jointly bid on 40 offshore blocks.

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Lula’s Brazil Doubles Down on Oil and Cash

OilPrice

billion from the energy industry—this may not sound very appropriate for a government that has made some big net-zero promises. Yet it is exactly what the Lula da Silva government in Brazil is doing. A new offshore oil auction in the Amazon, a major investment in refinery expansion, and an attempt to extract $6.2

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Authorities Give Rafael Gas Project More Time to Seek Production License

Rigzone

Buru Energy received government approval for a two-year extension of time for the Rafael gas project in Australia's Canning Basin to apply for a production license.

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Ring Energy announces the closing of the Lime Rock Permian Basin assets acquisition

Oil & Gas 360º

(NYSE American: REI) (Ring or the Company) announced that it has completed its previously-announced acquisition (the Transaction) of the Central Basin Platform (CBP) assets of Lime Rock Resources IV, LP (Lime Rock) on March 31, 2025. ABOUT RING ENERGY, INC. Ring Energy, Inc. For additional information, please visit www.ringenergy.com.

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Oil majors compete for Libya’s first exploration tender since 2011 war

Oil & Gas 360º

Libya is split between dueling governments in its east and west, and sporadic stoppages and rounds of violence have left much of its energy infrastructure neglected and damaged. Spain’s Repsol in January resumed exploration in the Marzuq basin, joining a growing cadre of producers who’re returning to Libya after a 10-year hiatus.