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India is looking to strengthen its domestic oil and gas exploration and supply with the biggest-ever acreage up for grabs under the Open Acreage Licensing Programme (OALP) Round X.
EIR’s findings indicate that certain E&P operators stand to benefit based on proximity to emitters and which CO₂ sources are best positioned for offtake via existing or planned pipelines. “The EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, naturalgas, power and renewable industries.
(World Oil) – The methane intensity of oil and gas production in the Permian basin—an area responsible for half of U.S. The latest data for the year 2024 show the methane emissions intensity of upstream oil and gas operations in the region to be 0.44% per barrel of oil equivalent—a 29% reduction from the previous year. .
Leading Development In early June, bullish news broke about the Converse County Oil and Gas Project, with the BLM announcing it was doing its best to move the project forward. The revolution centers on horizontal drilling. Anschutz Exploration Corp., one of Wyoming’s top oil producers, is pushing that envelope. million acres in the PRB.
(Oil Price) – Despite the slide in oil prices in the second quarter, ExxonMobil ( NYSE: XOM ) reported on Friday earnings that exceeded analyst estimates on the back of increased oil and gas production in the U.S. billion from the first quarter, due to lower crude and naturalgas realizations. billion were down by $1.4
(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major naturalgas 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.
The Challenges of Forecasting for ERCOT ERCOT’s power grid operates in a deregulated market with a diverse energy mix, including significant contributions from wind, solar, and traditional sources like naturalgas and nuclear. Are you ready to take your power trading skills to the next level?
is an independent oil and naturalgas company engaged in the acquisition, development, exploitation and production of oil and naturalgas properties. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) today announced an update on strategic initiatives and changes to the executive leadership team.
(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. First quarter 2025 average production was approximately 11 Mboe/d, of which 98% was liquids, 2% was naturalgas.
Secretary of Energy and 47th Governor of Texas Rick Perry as Chairman of Its Executive Advisory Board June 16, 2025 News Story – QuoteMedia Market Data Solutions
TIPRO’s new workforce data indicated strong job postings for the Texas oil and naturalgas industry, although May data showed a decline in overall unique postings compared to the previous month. The leading three cities by total unique oil and naturalgas job postings were Houston (2,064), Midland (546) and Odessa (398), said TIPRO.
is 55 percent owned by European energy investor HitecVision and 45 percent by Repsol E&P Group. Repsol E&P is 75 percent owned by Spanish integrated energy company Repsol SA and 25 percent owned by the United States’ EIG Global Energy Partners. Repsol E&P has committed up to a nominal amount of $1.8
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bp’s agreement “reflects our strong interest in deepening our partnership with NOC and supporting the future of Libya’s energy sector,” said bp Executive Vice President of Gas and Low Carbon Energy William Lin. “We Last year, after a decade-long hiatus, the company re-entered naturalgas exploration in Libya in partnership with Eni SpA.
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Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and naturalgas resources in the Denver-Julesburg (DJ) Basin, today announced the acquisition of certain assets from Edge Energy II LLC (“Edge Energy”) in an off-market transaction for $12.5 Prairie Operating Co.
The transaction involves the sale of the shares of Tullow Kenya BV by Tullow Overseas Holdings BV to Gulf Energy’s Auron Energy E&P Ltd. for at least $120 million in cash. for at least $120 million in cash. The assets to be sold hold about 463 million barrels of 2C resources, London-based Tullow said in a statement online.
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UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION. million fundraise comprising a £9.8 million Placing and £0.7 million at the Issue Price of 3.0
(Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and naturalgas 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.
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.
Indeed, industry data indicates Ovintiv added an extra rig in Oklahoma early 2025 as gas prices improved.) Ovintiv’s focus in the play remains on core liquids-rich targets, but the Oklahoma assets are gas-weighted relative to its oilier plays. In Q1 2025 , Ovintiv’s Anadarko production averaged ~91,000 BOE per day (55% liquids).
Image by DINphotogallery via iStock Tokyo, Japan-based Inpex Corporation said it has acquired stakes in several oil and gas assets in the Norwegian Sea. The company’s subsidiary Inpex Norway Co.
“Repsol contributes operational capabilities on production, development, and decommissioning activities which will be combined with NEO Energy expertise on financial and commercial matters”, said Repsol chief executive for exploration (E&P) and production Francisco Gea.
ConocoPhillips, one of the world’s largest independent E&P companies, is undergoing a significant transformation in 2025. Powering AI: NaturalGas for Data Centers A major emerging opportunity for ConocoPhillips lies in the soaring energy demand from AI-driven data centers.
The Dallas Fed went on to state on its site that “oil and gas production decreased slightly in the second quarter, according to executives at exploration and production firms” “The oil production index fell from 5.6 Meanwhile, the naturalgas production index also turned negative, declining from 4.8
But perhaps more notable is the company’s aggressive technology development: Liberty field-tested its digiPrime system, the industry’s first variable-speed naturalgas reciprocating engine , designed to cut emissions and fuel costs on frac spreads. Liberty Energy Inc.
For Viper, it is a bit riskier as the buyer of assets, but it offers a big upside should oil and gas prices rise. Its royalty-focused, asset-light model stands out versus traditional E&Ps like Diamondback, offering high efficiency and lower risk. Weak naturalgas prices ($2.08/Mcf Weak naturalgas prices ($2.08/Mcf
(Oil & Gas 360) – CanCambria Energy Corp. investors seeking investment opportunities in early-stage European appraisal and development projects, and access more broadly to the European naturalgas market. The Company’s common shares continue to trade on the TSX Venture Exchange in Canada under the symbol “CCEC”.
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from Repsol E&P S.a.r.l. The gas is sold under long-term contracts to high-quality buyers in Indonesia and Singapore, it said. Last month MedcoEnergi signed a gas swap agreement through its subsidiaries, Medco E&P Natuna Ltd. part of the West Natuna Group Supply Group) and Medco E&P Grissik Ltd.
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Aethon Energy Management has been exploring options for its naturalgas assets since last year. At the time, the assets were valued at some $10 billion. Originally, the company considered either a sale or an initial public offering for the assets, which include over 1,400 miles of pipelines. Mitsubishi Corp., Mitsubishi Corp.,
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Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil NaturalGas 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, (..)
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil NaturalGas 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, (..)
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These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.
(Oil & Gas 360) – Earlier this month, EnerCom met with CanCambria Energy CEO Paul Clarke, PhD, to talk about how the company could transform naturalgas markets in Europe through CanCambrias Kiskunhalas drilling project in the Pannonian tight gas basin.
The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV.
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.
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