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The focus is clearly on further enhancing and strengthening domestic E&P efforts,” Minister of Petroleum and Natural Gas, Hardeep Singh Puri, posted on X while visiting an offshore industry event in Bergen, Norway. “The
TotalEnergies also announced the first oil from CLOV Phase 3 in Block 17, in agreement with ANPG and its partners Equinor (22,16%), ExxonMobil (19%), Azule Energy (15.84%) and Sonangol E&P (5%). TotalEnergies has begun production from its BEGONIA development, located in Block 17/06.
Publisher’s Note: Anschutz Exploration will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. According to the industry newsite Hart Energy, the Denver-based company is drilling its first 3-mile laterals on a pad in Johnson County. Anschutz Exploration Corp.,
(Oil & Gas 360) – Publisher’s Note: Advantage Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. HOUSTON, July 22, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. About Amplify Energy Amplify Energy Corp.
Forecasting energy demand and supply in this region is no small feat. From extreme weather events like Winter Storm Uri to the rapid growth of renewable energy sources, ERCOT’s grid faces unique challenges that make accurate forecasting critical, yet difficult. Why This Matters Accuracy is everything in energy forecasting.
(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company. Grow production and profitability.
is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynote speakers at EnerCom Denver – The Energy Investment Conference. (Oil Gatti served on the Board of Helix Energy Solutions Group, Inc.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. CanCambria Energy Corp. About CanCambria Energy Corp. CanCambria Energy Corp. Register to attend.
(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025 , featuring a broad group of public and private energy companies at www.enercomdenver.com at The Westin Denver Downtown. This year will also include a charity poker tournament.
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According to the Bank of Montreal, oil sands producers Canadian Natural Resources, Suncor, Cenovus, Imperial Oil and MEG Energy currently have combined net debt, excluding lease liabilities, of C$33.9 At the time, they classified the Canadian operations as among their more expensive, and therefore less profitable, projects worldwide.
The transaction involves the sale of the shares of Tullow Kenya BV by Tullow Overseas Holdings BV to Gulf Energy’s Auron EnergyE&P Ltd. We’d love to hear from you, join the conversation on the Rigzone Energy Network. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. million fundraise comprising a £9.8 million Placing and £0.7 million fundraise comprising a £9.8 million Placing and £0.7
(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.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Don’t miss the celebration, sponsorship opportunities are still available. The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th.
court ordering Argentina to hand over the 51% stake it holds in state energy firm YPF has cast a shadow over the country’s plans for its huge Vaca Muerta shale formation and hopes to return to global markets. 4 for shale oil, into a key global energy-producing region that would help bring in foreign currency needed to prop up the economy. .
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
The M&A market was a hot topic at this year’s EVOLVE Conference, where we heard from industry experts discussing “ The Next Act for Energy M&A. However, this surge was largely driven by a single player: Diamondback Energy. Private equity funding for E&P ventures has dropped sharply, especially outside the Permian.
(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. IKAV remains firmly committed to the belief that the world needs access to affordable and reliable energy.” Register to attend.
The document outlines a framework for how the energy companies might work together and assess a range of technical data. Libya is currently running its first tender for energy exploration contracts since the 2011 civil war. Libya is currently running its first tender for energy exploration contracts since the 2011 civil war.
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and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record. (World Oil) – Chevron Corp. Eni SpA and Exxon Mobil Corp. A representative for TotalEnergies declined to comment.
Viaro intends to leverage its operational expertise and financial capability to advance the development of Selene, reaffirming its strategic focus on unlocking critical domestic energy resources and supporting the UK’s energy security.
Galp was recognized in the Discovery of the Year category for its operated Mopane find in deepwater Namibia, Murphy Oil was highlighted in the E&P Explorer of the Year category following its Hai Su Vang and Lac Da Hong oil discoveries offshore Vietnam, and CNOOC was recognized in the NOC Explorer of the Year category, the release outlined.
Senior leaders from across the offshore energy sector and government will be in attendance of this year’s standout event, SPE Offshore Europe 2025, and opening for it with a 90-minute plenary session hosted at P&J Live in Aberdeen from September 2- 5. This year’s theme is ‘Unlocking Europe’s Potential in Offshore Energy’.
(Oil & Gas 360) – CanCambria Energy Corp. About CanCambria Energy Corp. CanCambria Energy Corp. TSXV: CCEC) (FSE: 4JH) ( “CanCambria” or the “Company” ) is pleased to announce that its common shares commenced trading today on the OTCQB Venture Market (“OTCQB”) under the symbol “CCEYF”.
(Oil & Gas 360) – Publisher’s Note: Prairie Operating will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. million in cash, funded through the Company’s credit facility, resulting in a non-dilutive transaction for shareholders.
In May, Texas energy producers paid $411 million in oil production taxes, according to the Texas comptroller’s office. Energy Information Administration (EIA) showing domestic crude oil production reached an all-time high of 13.5 Additionally, TIPRO points to recent data from the U.S. oil production is forecasted to average 13.4
Image by Anton Vierietin via iStock Activity in the oil and gas sector contracted slightly in the second quarter of 2025, according to oil and gas executives responding to the Dallas Fed Energy Survey. “Among E&P firms, the finding and development costs index decreased slightly from 17.1 in the first quarter to -8.9
There’s been a surge in E&P interest in the Utica Shale’s volatile oil window the past couple of years, and EOG Resources has been particularly optimistic about its potential for producing large volumes of condensate, the lightest of superlight crude oils. billion, including the assumption of EAP’s debt.
Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company.
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“The two companies aim to establish an industry standard for innovation and economic growth” Repsol-NEO JV In March Spain’s Repsol and Aberdeen-based NEO Energy Group Ltd. We’d love to hear from you, join the conversation on the Rigzone Energy Network. There’s a reason 700K+ energy professionals have subscribed.
Actually, it was in late 2024 that the wireline sector witnessed a big move, when Axis Energy Services merged with Brigade Energy Services to create what the combined company—Dallas-based Axis Energy Services LLC —described as the largest well servicing company in America. Click here to listen to the Audio verison of this story!
Liberty Energy Inc. As energy demand from AI-driven data centers and industrial users skyrockets, Liberty is positioning itself as a turnkey energy partner. billion in revenue , up 7% quarter-over-quarter, and Adjusted EBITDA of $181 million , reflecting an 8% sequential gain.
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ConocoPhillips, one of the world’s largest independent E&P companies, is undergoing a significant transformation in 2025. From major acquisitions to innovative drilling practices and new energy demand trends, the company is actively repositioning itself for long-term resilience. shale basins— Permian, Eagle Ford, and Bakken.
Viper Energy (VNOM) presents a compelling case for investors seeking exposure to the energy sector through a mineral rights business model. This is a transaction that was discussed at the Hart Energy Conference I attended a year ago. It was finally signed in January 2025 and will complete in Q2 2025.
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
(Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, today announced the reaffirmation of its multi-year Reserve-Based Lending (“RBL”) credit facility with Citibank, N.A., its lead arranger.
You can’t do ‘Drill, Baby, Drill’ overnight,” said Tom Seng, an assistant professor of energy finance at Texas Christian University in Fort Worth. strikes on Iran’s three main nuclear sites over the weekend stoked concerns of disruptions to energy flows from the Middle East, which accounts for about a third of global crude supply.
Image by daizuoxin via iStock PT Medco Energi Internasional Tbk. from Repsol E&P S.a.r.l. Last month MedcoEnergi signed a gas swap agreement through its subsidiaries, Medco E&P Natuna Ltd. Last month MedcoEnergi signed a gas swap agreement through its subsidiaries, Medco E&P Natuna Ltd.
OPEC’s demand forecasts are at the higher end of the industry range, as the agency expects a slower energy transition than some other forecasters. The International Energy Agency last week trimmed its demand forecasts but said the market may be tighter than it appears as refineries ramp up processing to meet summer travel demand.
Interior Department on Monday proposed rule changes to allow energy companies to more easily combine oil and gas output from multiple leases using the same well pad, which could save the industry as much as $1.8 (BOE Report) – The U.S. billion per year, it said. Reporting by Timothy Gardner, editing by Deepa Babington)
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