Crude Oil and E&P - Energy Aggregated

African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

MARCH 10, 2025

In Angola, which has been an LNG producer since 2013, the NOC Sonangol is working with its New Gas Consortium partners Azule Energy, Cabinda Gulf Oil Company and TotalEnergies to increase LNG production capacity. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.

E&P

E&P Exploration and Production Oil Field

Executive Interview: Paul Clarke, CEO of CanCambria Energy

Oil & Gas 360º

MAY 20, 2025

Dr. (..)

E&P

E&P Natural Gas Energy Energy

OFSE quarterly: Volatile end to a positive quarter

McKinsey

NOVEMBER 30, 2018

Crude oil prices rose during the third quarter to reach their highest level in four years, while increased E&P capital expenditures and continued efficiency improvements resulted in better OFSE performance.

E&P

E&P Crude Oil Oil Gas

Chevron starts oil production from Ballymore Project in Gulf of America

Oil & Gas 360º

APRIL 21, 2025

Co-owner TotalEnergies E&P USA, Inc. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. is operator of the Ballymore project with 60 percent working interest.

Oil

Oil Crude Oil Exploration and Production Natural Gas

U.S. energy sector makes strong start to 2025 – Morgan Stanley

Oil & Gas 360º

MARCH 26, 2025

Despite generally cautious investor sentiment on oil markets, the energy sector has had a strong start to 2025, rising 8% year-to-date, outperforming the S&P 500 index by around 10%, according to analysts at Morgan Stanley, in a note dated March 26. (Investing) –The U.S.

E&P

E&P Energy Energy Exploration and Production

MOL discovers new oil field in Western Hungary

Oil & Gas 360º

MARCH 18, 2025

MOL has ambitious E&P investment plans. Over the next five years, the company plans to invest approximately HUF 150 billion in oil and natural gas production in Hungary. MOL is the largest hydrocarbon producer in Hungary, producing at almost 1,300 oil and natural gas wells. billion m3) of domestic production.

Field

Field Exploration and Production Oil E&P

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

MAY 30, 2025

Transaction Highlights Transforms EOG into a leading Utica E&P The acquisition of Encinos 675,000 net core acres significantly increases EOGs Utica position to a combined 1,100,000 net acres, representing more than two billion barrels oil equivalent of undeveloped net resource. About EOG Resources EOG Resources, Inc.

Exploration and Production

Exploration and Production Natural Gas Crude Oil Energy

Libya’s first oil bid round in 18 years offers production sharing contracts

Oil & Gas 360º

APRIL 7, 2025

Libya aims to boost its oil production and attract foreign investments in its oil industry amid a period of relative stability in the country. The new bid round has generated a lot of interest from foreign majors, Masoud Suleman, chairman of Libyas National Oil Corporation (NOC), told Reuters today.

Exploration and Production

Exploration and Production Oil Crude Oil Barrel

ConocoPhillips announces Bill Bullock to retire after 39 years with the company

Oil & Gas 360º

MAY 8, 2025

Factors that could cause actual results or events to differ materially from what is presented include, but are not limited to, the following: effects of volatile commodity prices, including prolonged periods of low commodity prices, which may adversely impact our operating results and our ability to execute on our strategy and could result in recognition (..)

E&P

E&P Crude Oil Operator Exploration and Production

Vista buys Petronas’ Argentina oil stake in $1.5 billion deal

Oil & Gas 360º

APRIL 16, 2025

Importantly, in the current global macro and oil price environment we are consolidating a high- margin, low- breakeven asset, with strong synergies with our ongoing operation, reflecting our constructive long-term view on crude oil demand and supply dynamics.

Oil

Oil Barrel Crude Oil Operator

Shell EVP Gulf of America appointed President, Shell USA

Oil & Gas 360º

MAY 5, 2025

There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shells products; (c) currency (..)

Crude Oil

Crude Oil Natural Gas E&P Oil

Investment Opportunities in the Oil and Gas Sector

Nestoil

SEPTEMBER 4, 2024

Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources. Investment opportunities in this area include direct investment in E&P companies, partnerships, and joint ventures.

Gas

Gas Oil Exploration and Production E&P

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

MARCH 10, 2025

Crude oil therefore refers to light oil, medium oil, tight oil and condensate. Crude oil therefore refers to light oil, medium oil, tight oil and condensate. Liquids refers to crude oil and NGLs combined. NGLs refers to ethane, propane, butane and pentane combined.

Energy

Energy Energy Exploration and Production Natural Gas

The heart of the US oil boom is slowing

Oil & Gas 360º

MAY 5, 2025

But even in the mighty Permian Basin, which turned the United States into the worlds biggest oil producer, resources eventually deplete. produced about 5 million barrels of crude oil per day, down by half from the 1970s. There are signs that the peak is already at hand. Twenty years ago, the U.S.

Oil

Oil Barrel Field Basin

Upstream Midstream Downstream – What is the Difference?

Aresco

OCTOBER 25, 2023

What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. This includes both onshore and offshore activities.

Downstream

Downstream Midstream Upstream Exploration and Production

The Permian is not done yet

Oil & Gas 360º

MAY 27, 2025

Output of crude oil in the play will plateau at 7.7 million bpd, and this will more than offset production declines in other producing regions in the countrymeaning oil demand will be healthy enough to support such a trend. Going forward, growth is about to continue slowing, the analysts predicted, until production peaks at 7.7

Barrel

Barrel Oil Consulting Basin

Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America

Oil & Gas 360º

JUNE 5, 2025

(World Oil) – The media are reporting new predictions that oil production in America is in irreversible decline. Apparently, peak oil is back in vogue, like it’s 2005 instead of 2025.

Oil

Oil Natural Gas Hydraulic Fracturing Gas

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

JUNE 3, 2025

This transaction positions Viper to compete for capital with mid and large cap North American E&Ps; except with higher margins, minimal operating costs, and the lowest dividend breakeven in the space.

Royalty

Royalty Energy Energy Basin

Chevron to cut nearly 800 jobs in Texas Permian basin

Oil & Gas 360º

MAY 30, 2025

(World Oil) –Chevron Corp. plans to lay off nearly 800 employees in the Permian basin, its biggest oil-production operation globally. The bulk of the reductions will come from Chevrons Midcontinent campus on the outskirts of Midland, Texas, the company said in a filing with the Texas Workforce Commission.

Basin

Basin Oil Operator Barrel

CanCambria Energy Corp. announces changes to management team and board

Oil & Gas 360º

MARCH 10, 2025

Dr. Cornelius commented: Founding CanCambria as an international unconventional resource E&P company has been one of the highlights of my career. Simon Cheng will be stepping down from the Board, and we thank him for his service in helping the company through its IPO. Dr. Chris Cornelius will assume the role of Executive Chairman.

Management

Management Energy Energy Exploration and Appraisal

South Africa launches new national petroleum company

Oil & Gas 360º

MAY 28, 2025

(World Oil) – South Africa has officially established its new state-owned oil corporationSouth African National Petroleum Company (SANPC).

Petroleum

Petroleum Oil Instrumentation Gas

US oil producer Continental Resources claims Hess defrauded it out of $69 million

Oil & Gas 360º

MAY 20, 2025

(BOE Report) – U.S. shale producer Continental Resources has filed a lawsuit against Hess Corp alleging that it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries.

Midstream

Midstream IT Oil Operator

CanCambria Energy Corp joins Continental Europe Energy Council

Oil & Gas 360º

MAY 20, 2025

(Oil & Gas 360) CanCambria Energy Corp. TSXV: CCEC) (FSE: 4JH) ( CanCambria or the Company ) announces that the Company has accepted an invitation to join the Continental Europe Energy Council (“CEEC” or the “Council”).

Energy

Energy Energy Exploration and Production Gas Condensate

IEA sees oil demand growth slowing on economic headwinds

Oil & Gas 360º

MAY 15, 2025

(Oil Price) –Economic headwinds and record electric vehicle sales are set to materially slow down global oil demand growth for the rest of the year, the International Energy Agency (IEA) said on Thursday. World oil demand rose by 990,000 barrels per day (bpd) in the first quarter of 2025.

Oil

Oil Upstream Barrel E&P

Permian Basin growth fuels ExxonMobil’s quarterly success

Oil & Gas 360º

MAY 2, 2025

(Oil Price) –First-quarter earnings at ExxonMobil ( NYSE: XOM ) topped analyst estimates as higher production in the Permian and offshore Guyana offset part of the lower realizations due to falling oil prices.

Basin

Basin Upstream Oil Offshore

Netherland, Sewell & Associates, Inc. (NSAI) to host its Oil & Gas Property Evaluation Seminar in Dallas, Texas May, 5-6, 2025

Oil & Gas 360º

APRIL 30, 2025

(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar.

Gas

Gas Oil Exploration and Production IT

BP slashes buybacks as cash flow tumbles

Oil & Gas 360º

APRIL 29, 2025

(Oil Price) –BP ( NYSE: BP ) is reducing by $1 billion its quarterly share buyback program after reporting weaker-than-expected earnings, significantly lower cash flow, and rising net debt for the first quarter. billion for the first quarter.

Oil

Oil Exploration and Production Operator Completion

APA Corp., partners complete successful flow test for North Slope exploration well

Oil & Gas 360º

APRIL 28, 2025

(World Oil) – APA Corporation and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, have completed successful flow testing of the Sockeye-2 exploratory well in Alaska’s North Slope.

Exploration Well

Exploration Well Completion Oil Barrel

US refiner Phillips 66 posts bigger-than-expected quarterly loss

Oil & Gas 360º

APRIL 25, 2025

(BOE Report) – Phillips 66 reported a bigger-than-expected loss in the first quarter on Friday, as lower refining margins amid a widespread maintenance and turnaround activity across the U.S. refining sector weighed on its performance.

Refinery

Refinery Maintenance Utilities Barrel

Netherland, Sewell & Associates, Inc. (NSAI) to host its Oil & Gas Property Evaluation Seminar in Dallas, Texas May, 5-6, 2025

Oil & Gas 360º

APRIL 22, 2025

(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar.

Gas

Gas Oil Exploration and Production IT

ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays

Oil & Gas 360º

APRIL 17, 2025

(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG).

Basin

Basin Oil Petroleum Gas

bp discovers oil at Far South prospect, deepwater U.S. Gulf

Oil & Gas 360º

APRIL 14, 2025

(Investing) – bp today announced an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America/Gulf of Mexico. Huntsville, Alabama, USA – June 26, 2011: Close up of illuminated bp sign at gas station in Huntsville, Alabama. Sign located on the corner of Wynn Drive and University Drive and image taken at sunset.

Oil

Oil Exploration and Production Sidetracking Upstream

Texas new drills jump 27% higher in March over February, tie January’s level

Oil & Gas 360º

APRIL 7, 2025

(World Oil) –The Railroad Commission of Texas on Friday released its figures for March drilling in the state, showing a noticeable gain over the previous months number. RRC figures show 1,072 new drills recorded during March (up 27.5%), including 818 oil wells, 246 gas wells and eight dry holes.

Dry Hole

Dry Hole Oil Basin Gas

BP, Shell, and Exxon signal one thing: Oil isn’t going anywhere

Oil & Gas 360º

MARCH 31, 2025

(Oil Price) –Ever since BP admitted that its attempt to go green had ended in a disaster, the flow of news from the energy industry has been in one single direction: back to oil and gas, which make money.

Oil

Oil Gas Field Natural Gas

New creditors’ battle emerges in Citgo auction reboot

Oil & Gas 360º

MARCH 28, 2025

The complex auction meant to repay 18 creditors for debt defaults and expropriations by Venezuela and state oil company PDVSA was relaunched in January after a year-long bidding process ended in shambles amid arguments over Citgos worth and parallel legal cases. (Investing) –HOUSTON – A U.S.

Casing

Casing E&P Oil Consulting

Chevron expresses interest in more exploration blocks offshore Greece

Oil & Gas 360º

MARCH 26, 2025

(Oil Price) –U.S. supermajor Chevron has expressed interest in oil and gas exploration in two additional offshore blocks south of the Greek island of Crete, Greeces Ministry of Energy and Environment said on Wednesday.

Offshore

Offshore Completion Gas Oil

bp and Iraq finalize contract for Kirkuk oil field redevelopment

Oil & Gas 360º

MARCH 26, 2025

(World Oil) – bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. Calgary, Canada – September 21, 2012: BP’s Canadian head office in Calgary Alberta.

Field

Field Oil Exploration and Production Barrel

Chevron Aims for 300K Barrels/Day in Gulf – Ballymore Adds First 75K

Rextag

MAY 5, 2025

According to Chevron, the field is expected to recover an estimated 150 million barrels of oil equivalent (gross) over its lifetime a sizable volume that contributes significantly to the companys deepwater reserves and long-term output forecasts. holding a 60% working interest, with TotalEnergies E&P USA, Inc.

Barrel

Barrel Exploration and Production Offshore Basin

Third Circuit Issues Long-Awaited Ruling in OPA Liability Case

The Energy Law

APRIL 5, 2018

The ATHOS I was contracted to deliver crude oil from Venezuela to a syndicate of CITGO interests, collectively referred to as “CARCO.” The allision resulted in a spill of approximately 264,000 gallons of crude oil into the Delaware River. As the designated responsible party under the Oil Pollution Act (“OPA”), 33 U.S.C.

Casing

Casing IT E&A Oil

Crude Oil Investing: A Guide for Accredited Investors

Aresco

DECEMBER 17, 2024

Crude oil is one of the most vital commodities in the world, powering industries, transportation, and economies globally. What Are Direct Oil and Gas Exploration Investments? Crude Oil Investing Opportunities – Click image to request more info. Tax Advantages: The U.S.

Crude Oil

Crude Oil Exploration and Production Oil Natural Gas

U.S. shale output nearing peak as oil prices stagnate

Oil & Gas 360º

MAY 19, 2025

oil production is being accelerated and could be sooner than previously expected. crude oil production in which the slowdown in shale would be partly offset by rising output from the U.S. But some of them have already said that the peak in U.S. Gulf of Mexico, executives and analysts say. We currently estimate that the U.S.

Oil

Oil Crude Oil Barrel Basin

OPEC expects slower 2025 oil supply growth from rivals after price drop

Oil & Gas 360º

MAY 15, 2025

“The potential impact on production levels in 2025 and 2026 of the decline in upstream E&P oil investments will constitute a challenge, despite the industrys continued focus on efficiency and productivity improvements,” the report said.

Oil

Oil Exploration and Production E&P Barrel

OPEC expects slower 2025 oil supply growth from rivals after price drop

Oil & Gas 360º

MAY 14, 2025

“The potential impact on production levels in 2025 and 2026 of the decline in upstream E&P oil investments will constitute a challenge, despite the industrys continued focus on efficiency and productivity improvements,” the report said.

Oil

Oil Exploration and Production E&P Barrel

American shale Chief tells peers to stop drilling ‘Right Away”

Oil & Gas 360º

APRIL 9, 2025

For shale drillers, this translates into a dangerous loss of demand for crude oil that will not be able to support current drilling, let alone any expansion. In just two daysThursday and FridayU.S. stock markets suffered their largest losses ever, erasing a staggering $6.6 trillion in value before the weekend break.

Crude Oil

Crude Oil Oil Basin Casing

African national oil companies (NOCs) partnering with independents to drive E&P

Executive Interview: Paul Clarke, CEO of CanCambria Energy

Trending Sources

OFSE quarterly: Volatile end to a positive quarter

Chevron starts oil production from Ballymore Project in Gulf of America

U.S. energy sector makes strong start to 2025 – Morgan Stanley

MOL discovers new oil field in Western Hungary

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Libya’s first oil bid round in 18 years offers production sharing contracts

ConocoPhillips announces Bill Bullock to retire after 39 years with the company

Vista buys Petronas’ Argentina oil stake in $1.5 billion deal

Shell EVP Gulf of America appointed President, Shell USA

Investment Opportunities in the Oil and Gas Sector

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

The heart of the US oil boom is slowing

Upstream Midstream Downstream – What is the Difference?

The Permian is not done yet

Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Chevron to cut nearly 800 jobs in Texas Permian basin

CanCambria Energy Corp. announces changes to management team and board

South Africa launches new national petroleum company

US oil producer Continental Resources claims Hess defrauded it out of $69 million

CanCambria Energy Corp joins Continental Europe Energy Council

IEA sees oil demand growth slowing on economic headwinds

Permian Basin growth fuels ExxonMobil’s quarterly success

Netherland, Sewell & Associates, Inc. (NSAI) to host its Oil & Gas Property Evaluation Seminar in Dallas, Texas May, 5-6, 2025

BP slashes buybacks as cash flow tumbles

APA Corp., partners complete successful flow test for North Slope exploration well

US refiner Phillips 66 posts bigger-than-expected quarterly loss

Netherland, Sewell & Associates, Inc. (NSAI) to host its Oil & Gas Property Evaluation Seminar in Dallas, Texas May, 5-6, 2025

ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays

bp discovers oil at Far South prospect, deepwater U.S. Gulf

Texas new drills jump 27% higher in March over February, tie January’s level

BP, Shell, and Exxon signal one thing: Oil isn’t going anywhere

New creditors’ battle emerges in Citgo auction reboot

Chevron expresses interest in more exploration blocks offshore Greece

bp and Iraq finalize contract for Kirkuk oil field redevelopment

Chevron Aims for 300K Barrels/Day in Gulf – Ballymore Adds First 75K

Third Circuit Issues Long-Awaited Ruling in OPA Liability Case

Crude Oil Investing: A Guide for Accredited Investors

U.S. shale output nearing peak as oil prices stagnate

OPEC expects slower 2025 oil supply growth from rivals after price drop

OPEC expects slower 2025 oil supply growth from rivals after price drop

American shale Chief tells peers to stop drilling ‘Right Away”

Stay Connected