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Kenya Plans to Launch Crude Oil Exports in 2026

OilPrice

Kenya hopes it will begin commercial crude oil production and exports next year, Opiyo Wandayi, Cabinet Secretary for Energy and Petroleum, said on Monday, as companies are finalizing an asset sale and development project plans for an onshore resource basin.

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Suriname's Oil Industry Poised for Significant Growth

OilPrice

After ExxonMobils swathe of world-class discoveries in Guyanas offshore Stabroek Block, the Guyana-Suriname Basin emerged as the worlds hottest drilling location. Suriname, a small country with a population of less than 700,000, which is among South Americas poorest, is believed to possess petroleum

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Chevron Revives Exploration Efforts in Namibia

OilPrice

Chevron Namibia Exploration Limited considers drilling the well in 2026 or 2027 in Petroleum Exploration License 82 in the Walvis Basin, Reuters quoted Chevrons Namibian subsidiary as saying. With this programme, Chevron continues to activate its strong and growing exploration portfolio, according to a company statement.

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Chord Energy Williston Basin

Oil Gas Leads

With superior well economics and a large contiguous footprint, it anchors investment confidence in the Williston. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.

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Vast Majority of MPLX NatGas Processing Happens in Marcellus/Utica

Marcellus Drilling News

Marathon Petroleum) bought out and merged in the Utica Shales premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The new MarkWest, aka MPLX, plays on a much larger stage now, including the ownership and operation of major assets in the Permian Basin.

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Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Oil & Gas 360º

(World Oil) – Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy).

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Permian oil producers face higher costs with new saltwater rules

Oil & Gas 360º

(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.