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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 Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have confirmed a significant hydrocarbon discovery in the Songhai … Read More The post NIGERIA: First E&P Reports Significant hydrocarbon Discovery in the Songhai Field, OML 85 (..)
The Nigerian National Petroleum Company (NNPC) and its joint venture (JV) partner FIRST Exploration & Petroleum Development Company (FIRST E&P) have confirmed a
Occidental Petroleum (OXY): Balancing Traditional Energy with Low-Carbon Innovation Industry: Oil & Gas Exploration & Production (E&P) Market Cap: $39.62 million.
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).
(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.
The petroleum industry produces hydrocarbon, which becomes difficult to develop by the use of an offshore platform, through the subsea production system (SPS). SPS is known to be an economical way to bring hydrocarbons to the surface.What is the petroleum industry?The
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
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.
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. NSAI) Netherland, Sewell & Associates, Inc.
Minister of Petroleum and Mineral Resources Karim Badawi met with Mathios Rigas, Chairman and CEO of Energean, and Nicolas Katcharov, CEO and Chairman of Energean International E&P SpA, to discuss advancing cooperation between Egypt’s petroleum sector and Energean’s concession areas for natural gas production in the Mediterranean Sea. (..)
(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.
Co-owner TotalEnergies E&P USA, Inc. The development is Chevrons first in the Norphlet trend of the Gulf. Chevron subsidiary Chevron U.S.A. is operator of the Ballymore project with 60 percent working interest. has 40 percent working interest. About Chevron Chevron is one of the worlds leading integrated energy companies.
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.
The assets were purchased from Occidental Petroleum Corp. Carlyle Group is seeking to sell SierraCol Energy Ltd., Colombias biggest independent oil producer, for $1.5 billion, Reuters reported last month. in 2020 for about $825 million.
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).
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. Anadarko E& P Onshore, LLC, no.
(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). This will be the Companys largest exploration prospect drilled so far.
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies. NSAI) Netherland, Sewell & Associates, Inc.
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. NSAI) Netherland, Sewell & Associates, Inc.
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.
Of these 18, a handful are the really big players, including Exxon, Chevron, Occidental Petroleum, Diamondback Energy, and EOG. Indeed, the consultancy estimates that 18 companies in the Permian have combined holdings worth over half a trillion dollars in net present value.
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. an independent petroleum engineering firm, and comply with definitions promulgated by the SEC.
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.
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.
“Free funds flow” is a non-GAAP financial measurecalculated as funds flow less expenditures on property, plant and equipment (“PP&E”). Market capitalization is a supplementary financial measure.
to become the worlds top oil producer, stealing market share from the Organization of the Petroleum Exporting Countries (OPEC) and other top producers. The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S.
A slowdown in supply growth outside OPEC+, which groups the Organization of the Petroleum Exporting Countries plus Russia and other allies, would make it easier for OPEC+ to balance the market. Rapid growth from U.S. shale and from other countries has weighed on prices in recent years.
A slowdown in supply growth outside OPEC+, which groups the Organization of the Petroleum Exporting Countries plus Russia and other allies, would make it easier for OPEC+ to balance the market. Rapid growth from U.S. shale and from other countries has weighed on prices in recent years.
As you know that most of the shale basins now have either plateaued or starting to decline, except for the Permian, Vicki Hollub, President and CEO of Occidental Petroleum, said on the Q1 earnings call. Gulf of Mexico, executives and analysts say.
Global oil prices hit a four-year low on Monday after the Organization of the Petroleum Exporting Countries and its allies, known together as OPEC+, agreed to another accelerated oil output hike for June. If the business environment warrants that further, thats exactly what well evaluate, he said.
Strategic Petroleum Reserve (SPR) right to the top and export American energy all over the world. Exploration and production companies (E&Ps) continued to focus on healthy balance sheets and capital discipline, providing buyers with liquidity and access to public high-yield debt at reasonable rates.
The UAE is a member of the Organization of the Petroleum Exporting Countries. oil production to plateau by the end of this decade, an outlook echoed by Vicki Hollub, CEO of Occidental Petroleum Corp. He said those investments would include the natural gas supply chain. citing the Trump administration’s pro-energy policies.
Additionally, the proposal includes National Petroleum Reserve lease sales every other year. The Independent Petroleum Association of America hailed the move, saying it would increase domestic energy supply and bring down prices.
(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.
Last month, Department of the Interior Secretary Doug Burgum said that the Bureau of Land Management would pursue steps to expand opportunities for exploration and development in the National Petroleum Reserve in Alaska and the Coastal Plain of the Arctic National Wildlife Refuge.
. “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. “I dont think theres ever been this amount of upheaval and recalibration happening.”
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