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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.
“These new discoveries are a motivating factor in our ongoing efforts to attract private investment in the sector for the development and monetisation of natural gas,” said Paulino Jerónimo, chairman of the board of directors of Angola’s National Agency of Petroleum, Gas and Biofuels, ANPG.
The focus on Libya, a member of the Organization of the Petroleum Exporting Countries (OPEC), comes as the North African nation tries to bring back oil majors that left. The document outlines a framework for how the energy companies might work together and assess a range of technical data. The North African nation has pumped about 1.2
million barrel-a-day round of cuts is unwound” at the group’s next meeting in early August, Daan Struyven, the bank’s co-head of global commodities research, told Bloomberg TV on the sidelines of a seminar the Organization of the Petroleum Exporting Countries is holding in Vienna. “Our
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Conference Dates: August 17–20, 2025. Benefitting IN!
Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).
Covering 30% of the KCA to the north, there exists a large, deep Miocene-age basin named the Soltvadkert Trough, which is analogous in many respects to the petroleum play elements in the Kiskunhalas Trough. Register to attend. CanCambria Energy Corp.
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’.
Energy Development Corporation UpCurve Energy Valeura Energy (TSX: VLE; OTCQX: VLERF) Verde EOR Solutions Vermilion Energy (NYSE/TSX: VET) Vitesse E n ergy (NYSE: VTS) Whitecap Resources (TSX: WCP) Williams Companies (NYSE: WMB) Zephyr Energy (AIM: ZPHR; OTCQB: ZPHRF) Companies continue to be added to the schedule. Benefitting IN!
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Your participation makes a real difference. Conference Dates: August 17–20, 2025.
Vertice management said that the acquisition enhances Vertices’ ability “to support wireline service providers and E&P companies with innovative tools and integrated solutions, and broadens its presence across unconventional oil and gas markets.” Click here to listen to the Audio verison of this story! based RPC Inc.
TotalEnergies is operator at Begonia (30%) with partners Sonangol E&P (30%), SSI (27.5%), ETU Energias (7.5%), and Falcon Oil (5%). TotalEnergies is operator at Begonia (30%) with partners Sonangol E&P (30%), SSI (27.5%), ETU Energias (7.5%), and Falcon Oil (5%).
The permit change finalizes the transition of operational control from APA Corporation —which had previously acquired the asset through Callon Petroleum —to Spirit O&G Operating LLC , led by longtime industry executive Todd Guest. miles on US-87 N, turn right, continue 0.4 miles on US-87 N, turn right, continue 0.4
Hedging will take priority over any plans to increase production, said Kirk Edwards, a former chairman of the Permian Basin Petroleum Association who now runs a small, closely-held oil producer. West Texas Intermediate declined 4% at 12:47 p.m. in New York to $71.92 a barrel, after an earlier rally faded. produces about 13.4
In a monthly report on Tuesday, the Organization of the Petroleum Exporting Countries left its forecasts for global oil demand growth unchanged in 2025 and 2026 after reductions in April, saying the economic outlook was robust. “With this, the second-half 2025 economic growth may turn out better than currently expected.”
billion Willow oil development in Alaska’s National Petroleum Reserve, Bloomberg reports. By Charles Kennedy for Oilprice.com Arctic Closing Bell Story Commodities Exploration & Production (E&P) Featured Alaska National Petroleum Reserve Arctic drilling ConocoPhillips Willow Oil
The Tanzania Petroleum Development Corporation is developing the Tanzania LNG project, working with Shell and Equinor to monetize resources in Blocks 1, 2 and 4. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.
(World Oil) – South Africa has officially established its new state-owned oil corporationSouth African National Petroleum Company (SANPC). The establishment of the SANPC aligns with broader goals by the South African government to create a more competitive and investment-friendly petroleum sector.
The Nigerian National Petroleum Company (NNPC) and its joint venture (JV) partner FIRST Exploration & Petroleum Development Company (FIRST E&P) have confirmed a
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. is a worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. You can sign up at [link] to be notified when more information is available.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. is a worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. You can sign up at [link] to be notified when more information is available.
MOL has ambitious E&P investment plans. Consequently, it has recently signed cooperation agreements with the national oil company of Kazakhstan (KazMunayGas), the national oil company of Azerbaijan (SOCAR), and the national oil company of Trkiye (Turkish Petroleum). In 2024, it produced an average of 93.8
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. Conference Dates: August 1720, 2025. Benefitting IN! www.imacorp.com
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Conference Dates: August 17–20, 2025. Benefitting IN!
The assets were purchased from Occidental Petroleum Corp. (World Oil) –Colombias state-owned Ecopetrol SA is considering buying Carlyle Groups oil driller in the nation as it looks to boost reserves and output, its top executives said in an interview. Carlyle Group is seeking to sell SierraCol Energy Ltd., years last year, down from 7.2
Environmental Protection Agency , the United States Court of Appeals for the District of Columbia Circuit vacated EPA’s policy limiting the reach of the Sixth Circuit’s decision in Summit Petroleum Corp. For more on the Summit directive, see our previous blog entry here. An industry group brought suit in the D.C. See 40 C.F.R.
Japan Petroleum Exploration (Japex) is prioritizing investment in oil and gas exploration and production (E&P) through 2030 - revising an earlier plan to aggressively expand its renewables businesses
Co-owner TotalEnergies E&P USA, Inc. (Oil & Gas 360) –HOUSTON(BUSINESS WIRE) Chevron Corporation ( NYSE: CVX ) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Malo facilities. Chevron subsidiary Chevron U.S.A.
Badawi emphasized the ministry’s commitment to supporting partnerships, overcoming challenges, and delivering tangible results within its strategy to boost domestic natural gas production.
Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. The prospective resources shown in theNSAI Report have been estimated using probabilistic methods and are dependent on a petroleum discovery being made.
(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). In February 2025, NGP and the Elk Range team established Elk Range Royalties III.
(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). million acres in Angola to the existing 6.3
(TSXV: CCEC) (FSE: 4JH) ( CanCambria or the Company ) is pleased to announce the results of the Companys independent resource evaluation for the Kiskunhalas tight-gas project in southern Hungary dated April 30th, 2025, prepared by Chapman Hydrogen and Petroleum Engineering ltd (CHPE). CanCambria Energy Corp.
By Lesley Foxhall Pietras On August 7, 2012, in a 2-1 decision in Summit Petroleum Corp. See Summit Petroleum Corp. The question of what is “contiguous or adjacent” has long been vexing for the exploration and production industry. Under different administrations, EPA has changed its guidance on the meaning of this phrase.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. Conference Dates: August 1720, 2025. Benefitting IN! www.imacorp.com
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Your participation makes a real difference. Conference Dates: August 1720, 2025.
Of these 18, a handful are the really big players, including Exxon, Chevron, Occidental Petroleum, Diamondback Energy, and EOG. This does not, of course, mean they are right and Wood Mac analysts are wrong. It simply means that nothing is certain until it happens. And it seems that the slowdown in the Permian is already happening.
Anadarko Petroleum Corp., Anadarko E & P Onshore, LLC, 676 S.W.3d Anadarko E& P Onshore, LLC, no. Anadarko Petroleum Corporation (“Anadarko”) acquired the remaining 5/6ths of the minerals in the same property by assignment from prior lessees. 3d 73, 93 (Tex. 3d 860 (Tex.
Geology and Petroleum Geology, PhD, Technical Adviser to the Board ofZephyr Energy plc, who meets the criteria of a qualified person under the AIM Note for Mining and Oil & Gas Companies –June 2009, has reviewed and approved the technical information contained within this announcement.
The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices. (BOE Report) –NEW YORK (Reuters Breakingviews) Oil fields are just as quick to make fortunes as break them. A mere two years later, over-extraction drove the field into decline. Sure, todays industry is far larger and more sophisticated.
On the sidelines of his participation in the CERAWeek 2025 conference, in Houston, Karim Badawi, the Minister of Petroleum and Mineral Resources, held several meetings to boost cooperation and partnerships with international entities. The meeting further discussed leveraging Halliburton’s expertise in developing brownfields.
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. The transaction is subject to customary regulatory approvals and is expected to close in the third quarter of 2025. per share quarterly).
refiner Citgo Petroleum is dealing with a fresh dispute between creditors after a lowball starting bid was recommended in a reboot of the sale. (Investing) –HOUSTON – A U.S. federal judge trying to move ahead with an auction of shares in the parent of Venezuela-owned U.S. Citgo, the U.S. BONDHOLDER ISSUES The Red Tree $3.7
Geology and Petroleum Geology, PhD, Technical Adviser to the Board ofZephyr Energy plc, who meets the criteria of a qualified person under the AIM Note for Mining and Oil & Gas Companies –June 2009, has reviewed and approved the technical information contained within this announcement. (the “Paradox project”).In
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