Oil & Gas 360º

APRIL 2, 2025

The assets were purchased from Occidental Petroleum Corp. With Colombias reserves of oil and natural gas falling, and President Gustavo Petro refusing to grant new exploration licenses, Ecopetrol is focused on contracts signed before the environmentalist leader took power in 2022. billion, Reuters reported last month.

Natural Gas

Oil & Gas 360º

APRIL 21, 2025

(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. Co-owner TotalEnergies E&P USA, Inc. has 40 percent working interest.

Oil

Egypt Oil & Gas

APRIL 17, 2025

Badawi emphasized the ministry’s commitment to supporting partnerships, overcoming challenges, and delivering tangible results within its strategy to boost domestic natural gas production.

Exploration and Production

Oil & Gas 360º

MAY 12, 2025

(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). billion cubic feet (BCF) natural gas and 66.5

Gas

Oil & Gas 360º

APRIL 10, 2025

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.

Exploration Well

The Energy Law

AUGUST 16, 2012

By Lesley Foxhall Pietras On August 7, 2012, in a 2-1 decision in Summit Petroleum Corp. See Summit Petroleum Corp. In Summit , the court concluded that the regulatory term “adjacent” is unambiguous and implies only physical proximity, citing the dictionary definition of “adjacent,” the term’s etymological history, and caselaw.

E&P

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). NSAI), an independent qualified reserves evaluator.

Basin

Oil & Gas 360º

MARCH 10, 2025

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times net debt/funds flow, which is expected to continue to further strengthen to 0.8

Exploration and Production

Oil & Gas 360º

MARCH 28, 2025

refiner Citgo Petroleum is dealing with a fresh dispute between creditors after a lowball starting bid was recommended in a reboot of the sale. oil producers almost top priority among the creditors and moved to seize payments to Venezuela from an offshore natural gas in neighboring Trinidad.

Casing

Oil & Gas 360º

MAY 5, 2025

The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices. The turnaround came when engineers figured out how to inject a mix of water, sand and chemicals at extremely high pressure into shale formations, cracking them apart to reveal the natural gas and oil deposits within.

Oil

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. an independent petroleum engineering firm, and comply with definitions promulgated by the SEC. About Diamondback Energy, Inc.

Royalty

Oil & Gas 360º

MARCH 27, 2025

to become the worlds top oil producer, stealing market share from the Organization of the Petroleum Exporting Countries (OPEC) and other top producers. In the past decade, gas output in the Permian has increased eight-fold, while crude production rose six-fold, according to a review by the U.S. Energy Information Administration.

Oil

Oil & Gas 360º

MARCH 12, 2025

He said those investments would include the natural gas supply chain. The UAE is a member of the Organization of the Petroleum Exporting Countries. Australian oil and gas producer Santos also said it planned to increase its investment in the U.S., It also raised its natural gas production outlook for this year and next.

Energy

Oil & Gas 360º

MAY 22, 2025

(World Oil) –Leaders from the National Ocean Industries Association (NOIA), American Petroleum Institute (API) and the Independent Petroleum Association of America (IPAA), issued statements today in support of the U.S. House of Representatives passage of the 2025 tax reconciliation bill.

American Petroleum Institute

Oil & Gas 360º

MARCH 10, 2025

. “Its a revolution in energy policy that is unfolding… The industry is trying to catch its breath,” said Dan Yergin, the Pulitzer Prize-winning author and vice chairman of conference organizer S&P Global, in an interview. Liquefied natural gas (LNG) has been a bright spot in recent months.

Oil