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Exxon is reportedly in talks with the government of Trinidad and Tobago for oil exploration in up to seven offshore blocks, according to unnamed sources who spoke to Reuters. Per the report, the Trinidad and Tobago blocks are in close proximity to Exxon’s Stabroek block offshore Guyana. “We
and TotalEnergies SE are competing in Libya’s first energyexploration 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. Chevron said it constantly reviews new exploration opportunities, but doesn’t comment on commercial matters.
The document outlines a framework for how the energy companies might work together and assess a range of technical data. The country, which has the biggest-known crude reserves in Africa, is split between two governments that frequently feud over control of under-invested oil resources. The North African nation has pumped about 1.2
(World Oil) – The strategic merger between Repsol Resources UK and NEO Energy is complete, in a deal that will create one of the largest producers on the UK Continental Shelf (UKCS). The combined group has been renamed NEO NEXT Energy Limited. offshore Repsol-NEO merger stakeholders UK Continental Shelf
Skip to main content Is geothermal energy ready to make its mark in the US power mix? July 17, 2025 | Article Adam Barth   Clint Wood Maximilian Moosburger   Bobo Stankovikj Next-generation geothermal energy may soon be a cost-competitive way to fill the need for clean, firm power in the United States.
(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.
Oil & Gas 360 – Landmark 30 th Anniversary EnerCom Denver – The Energy Investment Conference Announces Energy Transition and Emerging Technology Session Schedule Qualified Investors and Analysts Can Register at No Cost at www.enercomdenver.com DENVER – July 31, 2025 – EnerCom, Inc.,
(Oil Price) – In a major U-turn in energy policy, Mexico has unveiled a 10-year plan to reverse a years-long decline in oil and gas production by tapping more unconventional resources through fracking. It’s clear that most of oil and gas production comes from conventional resources at old offshore platforms in shallow waters.
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 The conference is free for qualified investment professionals.
(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.
Prime Minister Mohammed Shia Al-Sudani received Richard Howe, Executive Vice President of Shell , on Thursday to discuss expanding cooperation in Iraq's energy sector and exploring further investment opportunities.
(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
(Oil & Gas 360) – Five Nuclear Companies to Present at EnerCom Denver – The Energy Investment Conference Qualified Investors, Analysts and Energy Industry Professionals Can Register at No Cost at www.enercomdenver.com DENVER – July 23, 2025 – EnerCom, Inc., uranium mining and production.
a leading energy consulting and strategic communications firm, is pleased to announce that Andrew Rapp, Senior Advisor in the U.S. Department of Energy, has been confirmed as the keynote luncheon speaker on Monday, August 18 th , at EnerCom Denver – The Energy Investment Conference.
The Minister also affirmed that the Ministry’s investment stimulation measures have already restored the confidence of investors and halted the decline in production. The post Badawi Rallies Diplomatic Support to Boost Energy Sector Investment first appeared on Egypt Oil & Gas.
The ruling by the Paris-based International Chamber of Commerce marks a key win for Chevron CEO Mike Wirth, who targeted the Hess acquisition to grow the company’s production and keep pace with larger rival Exxon’s rapid expansion. energy sector. government in 1911. Chevron is set to finalize its $53 billion acquisition of U.S.
Brent Crude $72.24 -0.37% Natural Gas $3.12 -0.57% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Australia's Cue Energy Posts Lower Production by Jov Onsat | Rigzone Staff | Wednesday, July 30, 2025 | 5:54 AM EST Cue Energy, which produces oil and gas in Australia, Indonesia and New Zealand, reported a quarterly output of 148,300 boe.
(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf as a secure source of affordable, reliable energy.
(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. Register to attend. The combined consideration for both transactions is approximately $1.3
Energy Development Corporation UpCurve Energy Valeura Energy (TSX: VLE; OTCQX: VLERF) Verde EOR Solutions Vermilion Energy (NYSE/TSX: VET) Vitesse Energy (NYSE: VTS) Whitecap Resources (TSX: WCP) Williams Companies (NYSE: WMB) Zephyr Energy (AIM: ZPHR; OTCQB: ZPHRF) Venue: Westin Denver Downtown.
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. The government of pro-market libertarian Javier Milei said it would appeal the ruling to “defend national interests.”
TIPRO also highlights strong tax contributions by the state’s oil and gas industry that continue to offer essential support of government coffers and provide important funding for public services. In May, Texas energy producers paid $411 million in oil production taxes, according to the Texas comptroller’s office.
(Oil & Gas 360) – Get ready for a powerhouse lineup of networking and entertainment at EnerCom Denver – The Energy Investment Conference , celebrating its 30th anniversary this August! so come ready to connect, give back, and celebrate three decades of bringing the global energy community together in Denver! and EnerCom.
The combined entity, NEO NEXT Energy Ltd., 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.
The success of the Bibi Heybat well attracted attention from entrepreneurs, engineers, and governments, and it sparked what could be considered the first true oil rush in world history. A Catalyst for an Industry The success at Bibi Heybat transformed Baku from a quiet town into one of the most dynamic energy hubs in the world.
The project marks a major milestone for Canada’s energy sector, with ambitions to deliver lower-carbon energy to global markets while strengthening economic ties with Asia. Shell describes LNG as a lower-carbon alternative to coal for electricity generation and as a flexible partner to intermittent renewable energy.
(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.
The acquisition enhances PTTEP’s gas production volume, petroleum reserves, and increases its investment in the MTJDA from its existing 50 percent participating interest in Block B-17-01, the company said in a news release. First Half Updates In 2025, PTTEP, in partnership with Eni Algeria Exploration B.V.
Image by yusnizam via iStock Petroliam Nasional Berhad (Petronas) has formalized several key agreements with the Sabah government, focusing on the responsible development of the state’s energy resources. Sabah Energy Corp. the Energy Commission of Sabah, and the Ministry of Industrial Development and Entrepreneurship.
and TotalEnergies SE are competing in Libya’s first energyexploration 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. Image by batuhanozdel via iStock Chevron Corp. Waha Oil Co., billion) for fuel imports this year.
The independent study , produced for OEUK by energy experts Westwood Global Energy Group, finds that up to 7.5 The trade body today warned that without government support for the sector the UK risks a faster North Sea decline which could see it become dependent on oil and gas imports for 80 percent of its needs within this decade.
The fields stopped production March 2020 and their two platforms, PCH-1 and PCH-2, have since been mothballed, according to state-owned Petrobras. Anglo-French explorer and producer Perenco already produces in Brazil through the Pargo Cluster, which comprises the Pargo, Carapeba and Vermelho fields in the shallow waters of the Campos Basin.
through its local Norwegian entity, Inpex Idemitsu Norge AS (IIN), has entered into an agreement with Pandion Energy AS to acquire 10 percent participating interest in each of the Valhall and Hod oil and gas fields and 20 percent participating interest in each of the Mistral and Slagugle oil and gas discoveries.
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. Most of this water goes back into the producing formations via injection wells as part of IOR and EOR programs to get more production from ageing fields. As fields age, they generate higher water to oil ratios.
Prime Minister Mostafa Madbouli held a meeting on Friday afternoon to review the government’s plan to secure the country’s needs of oil and natural gas following the Israeli military operation in Iran. He added that adding a fourth unit is currently on the table. Contracting new shipments and easing FSRUs are among these measures.
1 âEmissions from electric vehicles,â US Department of Energy, accessed May 16, 2025. The increasingly fine-grained view into decarbonization allows companies or governments to identify potentially easy-to-adopt wins and even money-saving opportunities that can add up. Another crucial commodity for the energy transition is steel.
Renewable energy sources are rapidly expanding and driving the decarbonization effort, yet certain industries, particularly those with hard-to-abate (HtA) emissions, require additional solutions. As the world shifts toward a more sustainable future, addressing carbon emissions remains a top priority. â European Commission, January 2023.
Image by Alexey Zakirov via iStock Tamboran Resources Corporation has reported that the Shenandoah South 2H sidetrack (SS-2H ST1) well achieved an average 60-day initial production (IP60) flow rate of 6.8 The wells are being drilled by the Helmerich & Payne super-spec FlexRig Flex 3 Rig from the SS2 pad in Exploration Permit 98.
“We are excited to announce this significant discovery at Bumerangue, BP’s largest in 25 years,” Gordon Birrell, BP’s executive vice president for production and operations, said in that release. BP highlighted in the release that it drilled exploration well 1-BP-13-SPS to a total depth of 5,855 meters (19,209 feet).
The energy sector is in a state of constant, dynamic evolution. Here in Texas, the global epicenter of energy, this transformation is palpable. This guide will explore the technological advancements and emerging trends that are shaping the future of fuel gas conditioning. Hydrogen, however, presents unique challenges.
Nasdaq: NEHC) (“NEHC” or the “Company”), a next-gen exploration and production platform in the Permian Basin, today announced that Texas Critical Data Centers, LLC (“TCDC”) its joint venture with Sharon AI, Inc., We’re committed to building out a scalable, resilient platform to meet the rising energy demands of AI.”
But the explorers have also hit dry wells, prompting them to write off drilling costs as they learned more about the fields. Namibia is targeting first oil output in the next five years, as it seeks to become a producer before crude demand is overtaken by low-carbon and renewable sources of energy.
Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Touchstone Posts Production Numbers from Trinidad Asset by Rocky Teodoro | Rigzone Staff | Thursday, July 17, 2025 | 7:00 AM EST The acquired entity holds a 65 percent operating interest in the Central Block exploration and production license.
Image by ssuaphoto via iStock Woodside Energy Group Ltd. Anglo-French explorer and producer Perenco now owns 45 percent of Angostura in Block 2(c) and 68.46 We’d love to hear from you, join the conversation on the Rigzone Energy Network. percent in Ruby in Block 3(a). owns 25 percent.
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