article thumbnail

Libya’s Future in Peril Again, While Russia Expands Its Influence

OilPrice

Backed by Western and Turkish support, Libyas internationally recognized government is attempting to revitalize its upstream oil and gas sector, which is already attracting notable global interest. At the African Energy Forum in Paris, Abdolkabir Alfakhry,

IT 244
article thumbnail

Japan’s Tokyo Gas eyes long-term U.S. LNG supply deals amid rising demand

Oil & Gas 360º

The nation’s government sees LNG as vital to energy security, and Japanese importers have been in talks to purchase supply even past 2050. Tokyo Gas is also expanding into upstream U.S. The nation’s government sees LNG as vital to energy security, and Japanese importers have been in talks to purchase supply even past 2050.

Gas 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Namibia considers incentives to expedite TotalEnergies’ offshore development

Oil & Gas 360º

The government recognizes the complexities and high costs associated with the development of the Venus oil field by TotalEnergies,” Kornelia Shilunga, special adviser and head of upstream petroleum unit in the Namibian Presidency, said in a reply to questions.

Offshore 130
article thumbnail

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

Oil & Gas 360º

Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. The highest percentage of advertised salaries (28 percent) were in the $90,000 to $350,000 range.

Gas 130
article thumbnail

Rebalancing IOCs Positioning in Iraq's Upstream Petroleum Sector

Iraq Business News: Oil & Gas

Rebalancing IOCs Positioning in the Upstream Petroleum Sector in Iraq The Ministry of Oil (MoO) recently concluded an agreement with BP covering four main oilfields in Kirkuk , following an earlier contract with an unidentified Ukrainian company to resume development of the Akkas gas field. By Ahmed Mousa Jiyad.

article thumbnail

Expertos aseguran que reforma energética respeta esencia del upstream en México

Oil & Gas Magazine

Durante la Convencin Nacional Petrolera 2025, expertos en materia energtica mencionaron que la reforma energtica respet en esencia lo que debe ser el upstream en el pas, sin embargo no deja de ser una reforma econmica En el marco de las actividades de la Convencin Nacional Petrolera 2025 se llev a cabo la conferencia Impacto de la regulacin secundaria, (..)

article thumbnail

Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

GEIL has since received regulatory approval from the government to boost production to 30,000 bpd under a revised field development plan. The government has long-sought to revive crude production through the development of marginal fields. By March 2025, the facility began injecting crude, with GEIL’s production averaging 5,000 bpd.

Field 130