OilPrice

APRIL 14, 2025

BP has made an oil discovery in the deepwater U.S. The discovery at the Far South prospect comes as BP announced a few weeks back a strategy reset to shift focus back to growing oil and gas production and investments after a few years of trying to be an integrated energy company with a major presence in renewables.

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OilPrice

MAY 1, 2025

Global oil markets are entering a pivotal phase as exploration-driven reserve replacement lags. With only a few bright spots like Namibia and Guyana, estimates suggest that just 2530% of the oil consumed each year is currently being offset by new discoveries.

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OilPrice

JUNE 3, 2025

In recent years, Colombias oil production and reserves have been in decline and interest in investing in the countrys crude seemed limited in the post-pandemic landscape. However, in recent months, there has been a renewed interest in developing exploration and production.

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OilPrice

APRIL 14, 2025

BP has made an oil discovery in the deepwater U.S. The discovery at the Far South prospect comes as BP announced a few weeks back a strategy reset to shift focus back to growing oil and gas production and investments after a few years of trying to be an integrated energy company with a major presence in renewables.

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Oil Exploration Well Exploration and Production Gas 290

OilPrice

MARCH 7, 2025

billion social fund, which collects revenues from oil and gas exploration and production, as approval ratings of President Luiz Inacio Lula da Silva have slumped to a record low. Brazil looks to boost its economy with money from its $3.5-billion

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Energy Outlook Advisors

MAY 14, 2025

million barrels, the lowest since early May 2008 when oil prices neared record highs (See Figure 5). Oil prices dipped slightly today but have risen since OPEC+ decided to boost production by 411,000 barrels per day in June. OPEC released its monthly oil report earlier today. Last week, they hit 103.6

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OilPrice

MARCH 9, 2025

When the Labour Party of Keir Starmer won the latest UK elections, it vowed to stop new oil and gas exploration. The Starmer cabinet has stayed true to its word on thatbut it is looking for ways to boost production through other means.

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Oil & Gas 360º

APRIL 1, 2025

(Oil & Gas 360) CanCambria Energy Corp. It is located adjacent to CanCambrias existing Ba-IX mining license (32,500 acres), creating a consolidated, contiguous position within the Pannonian Basin, a mature and historically productive region in southern Hungary. The newly awarded Kiskunhalas Concession Area covers an area of 945.9

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OilPrice

APRIL 4, 2025

Chinese state-owned oil giant CNOOC Ltd., which stands for China National Offshore Oil Corporation, has followed through on an earlier announced sale of its Gulf of Mexico assets to Britains Ineos Energy.

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Oil & Gas 360º

MARCH 6, 2025

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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OilPrice

APRIL 15, 2025

TotalEnergies expects its first-quarter oil and gas production to have increased by almost 4% on the year to the high end of the quarterly guidance range of 2.5 million barrels of oil equivalent per day (boe/d).

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E&P Exploration and Production Oil Gas 147

Oil & Gas 360º

APRIL 7, 2025

(Oil Price) –Libya will offer production sharing agreements to the successful bidders in its first oil and gas exploration bid round in 18 years, top Libyan oil officials said at an event in London on Monday. Libyas crude oil production currently exceeds 1.4

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Enverus

APRIL 21, 2025

Insights on WCSB Oil Production Pipeline Expansions, and AECO Hub Gas Pricing The Canadian oil and gas industry is at a pivotal moment, with significant potential on the horizon that could reshape the landscape. Explore the impact of increased oil sands production on the Canadian condensate and AECO gas markets.

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Oil Condensate Exploration and Production Pipeline 130

Aresco

APRIL 23, 2025

In the high-stakes world of oil and gas exploration, every decision carries weight. For decades, geologists and engineers have relied on traditional methodsmanual interpretation, historical records, and analog simulationsto explore hydrocarbon reserves beneath the Earths surface.

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OilPrice

MARCH 19, 2025

The worlds largest independent oil trader, Vitol, will buy stakes in some upstream assets in West Africa from Eni for $1.65 Eni has been pursuing in recent years the so-called dual exploration model, under which it sells part of its majority stakes to other companies to fast-track oil and gas discoveries to production.

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Oil & Gas 360º

MAY 16, 2025

(Oil & Gas 360) – HOUSTON , May 16, 2025 / PRNewswire / — EOG Resources, Inc. ( EOG ) today announced that the company was awarded a new oil exploration concession for Unconventional Onshore Block 3 (UCO3) by Abu Dhabi’s Supreme Council for Financial and Economic Affairs (SCFEA).

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Exploration and Appraisal Exploration and Production Crude Oil Basin 130

Oil & Gas 360º

MARCH 26, 2025

(Oil Price) –U.S. supermajor Chevron has expressed interest in oil and gas exploration in two additional offshore blocks south of the Greek island of Crete, Greeces Ministry of Energy and Environment said on Wednesday. The new areas that Chevron looks to explore are next to blocks where the other U.S.

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OilPrice

MARCH 26, 2025

An environmentalist outlet called Oceana has filed a lawsuit seeking to prevent oil and gas exploration and production under 31 licenses for North Sea fields awarded by the UK government back in 2022.

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Oil & Gas 360º

MARCH 19, 2025

(World Oil) – In its March 2025 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecast crude oil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively flat in 2025. Average annual crude oil production in Alaska peaked at 2.0

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Oil & Gas 360º

MARCH 18, 2025

(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. We will continue our investments and will do our utmost to maintain and, if possible, increase production.

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Field Exploration and Production Oil E&P 130

POWER Magazine

SEPTEMBER 13, 2023

Petra Nova, one of the world’s only two carbon capture and storage (CCS) retrofits at a commercial power plant, has restarted operations, JX Nippon Oil and Gas Exploration Corp.

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Egypt Oil & Gas

MARCH 23, 2025

Omans Minister of Petroleum and Mineral Resources announced the launch of new bid round for oil and gas exploration and production. The post Oman Launches Bid Round for Oil and Gas Exploration first appeared on Egypt Oil & Gas. He added that applying to these areas is opened until June.

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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. This reduces our development costs and is expected to drive higher returns for shareholders. Malo facilities.

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Oil Crude Oil Exploration and Production Natural Gas 130

Oil & Gas 360º

MAY 30, 2025

(Oil Price) –Crude oil and natural gas investments in Colombia could rise to $4.68 billion in 2024, the countrys oil and gas industry association said, adding that this will not lead to higher production. billion, would be spent on production, with the remainder of $740 million channeled into exploration.

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Oil & Gas 360º

MAY 13, 2025

(World Oil) – Slowing global oil demand amid extreme uncertainty about the future of U.S. oil production growth later this year and could lead to an annual decline in output in 2026, according to a new analysis by S&P Global Commodity Insights. oil production growth this year.

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Oil & Gas 360º

MARCH 10, 2025

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

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Oil & Gas 360º

JUNE 5, 2025

(World Oil) – The media are reporting new predictions that oil production in America is in irreversible decline. Apparently, peak oil is back in vogue, like it’s 2005 instead of 2025. And nowhere is that dynamic clearer than in Texas, the powerhouse of American oil and gas. Previous inaccurate predictions.

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OilPrice

MAY 29, 2025

Shells subsidiary operating the Bonga oilfield, Shell Nigeria Exploration and Production Company (SNEPCo), has signed an agreement to buy the French supermajors 12.5% stake in the OML 118 Production Sharing Contract, an oil mining lease offshore Nigeria that includes the Bonga field, Shell said on Thursday.

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Oil & Gas 360º

APRIL 14, 2025

(Investing) – bp today announced an oil discovery at the Far South prospect in the deepwater U.S. bp drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles off the coast of Louisiana in 4,092 feet of water. bp expects to grow its global upstream production to 2.3

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Oil & Gas 360º

APRIL 28, 2025

(World Oil) – APA Corporation and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, have completed successful flow testing of the Sockeye-2 exploratory well in Alaska’s North Slope.

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Oil and Gas Lawyer

NOVEMBER 7, 2024

In Fasken Oil and Ranch, Ltd. out of the above described property, an undivided one-sixteenth (1/16) of all the oil, gas and other minerals, except coal, in, to and under or that may be produced from the above described acreage, to be paid or delivered to Grantor, B.A. Hyder , 483 S.W.3d 3d 870 (Tex. Nationsbank , 939 S.w.2d

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Oil & Gas 360º

MAY 7, 2025

(Oil & Gas 360) – Publishers Note: Zephyr Energy plc will be presenting at the EnerCom Denver The Energy Investment Conference held at the Westin Denver Downtown on August 17-20, 2025. Initial production test observations include: A peak rate of 2,848 barrels of oil equivalent per day (“boepd”) (11.9

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Oil & Gas 360º

MARCH 26, 2025

(World Oil) – bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. This is an enormous opportunity as we grow bps oil and gas business and fully aligned with our strategy of strengthening our upstream portfolio.

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Field Oil Exploration and Production Barrel 130

Oil & Gas 360º

APRIL 17, 2025

(Oil & Gas 360) –April 17, 2025, Calgary, Alberta, Canada Reconnaissance Energy Africa Ltd. ReconAfrica has entered into a Memorandum of Understanding (MOU) with ANPG for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. ANPG is Angolas national concessionaire and regulator.

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Permian Basin Oil and Gas Magazine

MAY 16, 2025

Austin-based Greenlake Energy announced last week the formation of Greenlake Energy II, its newest exploration and production platform, backed by more than $200 million in equity commitments from NGP Energy Capital Management and Greenlakes management.

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Oil & Gas 360º

MARCH 25, 2025

(Oil Price) –The UK could produce about half of the energy it consumes locally, in the North Sea, the energy industry association, Offshore Energies, said this week, as quoted by the Financial Times. That would be on top of projected economic value creation of 200 billion pounds, or $258 billion, from domestic oil and gas production.

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Offshore Engineer

MAY 5, 2025

The former head of Mexican state oil firm Pemex's exploration and production arm has returned to his post after the surprise departure of the previous chief this week

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Exploration and Production Oil 63