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Al Fajer Group Joins IBBC

Iraq Business News: Oil & Gas

Operating from offices in Basra and London, the company supports oil and gas operations with a strong focus on the Rumaila oil field. It delivers a wide range of technical and administrative services, including Electrical & Instrumentation (E&I), ICT & Security, HSE, Finance, HR, and Operations.

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Seizing the agentic AI advantage

McKinsey

Skip to main content Seizing the agentic AI advantage June 13, 2025 | Report A CEO playbook to solve the gen AI paradox and unlock scalable impact with AI agents. (28 28 pages) At a glance Nearly eight in ten companies report using gen AI—yet just as many report no significant bottom-line impact. This shift enables far more than efficiency.

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

Last month, Mellitah Oil and Gas Company successfully resumed gas production at Well CC18 in the Bahr Essalam field, reinforcing Libyas ability to meet both domestic and export demands. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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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

(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). ANPG is Angolas national concessionaire and regulator.

Basin 130
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Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

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. (Oil & Gas 360) –MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. billion as of March 31, 2025.

Royalty 130
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. common shares of Whitecap for each Veren common share held.

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Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

The Energy Law

Gloria’s Ranch ultimately filed suit against Tauren, Cubic, EXCO, and Wells Fargo for their failure to provide a recordable instrument evidencing the expiration of the lease. 1] The dispute in Gloria’s Ranch, L.L.C. Tauren Exploration, Inc. 2] The lease was granted by Gloria’s Ranch, L.L.C. Tauren Exploration, Inc.

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