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bp, Shell sign deals for Libya exploration and redevelopment

Oil & Gas 360º

Separately, a Shell spokesman confirmed the company has signed a MOU with NOC “to study potential opportunities in the country’s oil and gas sector.” 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. million to 1.3

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Oil majors compete for Libya’s first exploration tender since 2011 war

Oil & Gas 360º

and TotalEnergies SE are competing in Libya’s first energy exploration 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.

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Iraqi PM Discusses Gas Investment with Shell

Iraq Business News: Oil & Gas

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.

Gas
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Repsol-NEO merger forms one of largest producers on UK Continental Shelf

Oil & Gas 360º

This combination creates a jointly governed business which will call upon the key strengths of both shareholders,” commented Francisco Gea, Executive Managing Director of Exploration and Production at Repsol. The combined group has been renamed NEO NEXT Energy Limited.

E&P
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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction. TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry, although May data showed a decline in overall unique postings compared to the previous month.

Gas
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Is geothermal energy ready to make its mark in the US power mix?

McKinsey

Another option—carbon-capture technology added to natural gas plants—faces challenges in becoming cost-competitive. 3 “Geothermal energy throughout the ages,” Government of Alberta, 2025. Exploration, drilling, and power plant capital expenditures could make up more than 70 percent of costs.

IT
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Mach Natural Resources LP Announces Transformative Acquisitions in the Permian Basin and San Juan Basin

Oil & Gas 360º

(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