OilPrice

MARCH 6, 2025

We are proceeding with promotion activities because the blocks have already been identified and the data is in place, Charles Sangweni, director general of Tanzanias Petroleum Upstream Regulatory Authority (PURA), told Bloomberg in an interview published on Thursday.

IT 232

IT Upstream Gas Oil 232

Oil & Gas 360º

MAY 28, 2025

(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.

Petroleum 130

Petroleum Oil Instrumentation Gas 130

Enverus

JUNE 10, 2025

This move marks EOG’s first major acquisition since its 2016 purchase of Yates Petroleum. The following blog is distilled in part from  Enverus Intelligence® Research (EIR)  publications. After nearly a decade on the sidelines, EOG Resources has made a bold return to the M&A arena with its $5.6 The deal is also financially compelling.

IT 130

IT Operator Basin Exploration and Production 130

OilPrice

MAY 28, 2025

While Saudi Arabia has been restricting crude oil production and exports as part of the OPEC+ deal, it has been running refineries at near-record levels this year and exporting record-high volumes of refined petroleum products. Stronger refining margins and higher exports of petroleum products have generated more income

Oil 267

Oil Petroleum Refinery Crude Oil 267

OilPrice

APRIL 22, 2025

Take fracking, which made Americas petroleum industry great again. A bit hyperbolic, maybe? But there is another aspect of water relevant to resource industries, namely that its scarcity will inhibit or raise costs of resource development, including that of oil and gas. It requires large quantities of water.

Petroleum 311

Petroleum Oil Gas IT 311

Oil & Gas 360º

JULY 1, 2025

court has completed a second bidding round in a auction of shares in the parent of Venezuela-owned Citgo Petroleum after at least three consortia submitted revised bids in June, raising creditors’ hopes of receiving payment for some of Venezuela’s outstanding debt. (Investing.com) – HOUSTON -A U.S. See disclosure here or remove ads.

IT 130

IT Casing Completion Oil 130

NGT News

JANUARY 27, 2021

says PowerTap Hydrogen Fueling, its investee company, has executed a definitive agreement with Humboldt Petroleum Inc., Peninsula Petroleum LLC and Colvin Oil I LLC (collectively, the Andretti Group) to install PowerTap’s modular hydrogen fueling stations this year. Clean Power Capital Corp. – […].

Petroleum 241

Petroleum Operator Oil IT 241

OilPrice

APRIL 16, 2025

It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. The idea of peak oil is familiar to most readers. The concept was first introduced byM. King Hubbert in the 1950s.

Natural Gas 278

Natural Gas Oil Petroleum Gas 278

Rigzone

JUNE 9, 2025

Natural Gas $3.63 -0.14% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS PTAS Aker Solutions Secures Contract Extension with Brunei Shell Petroleum by Paul Anderson | Rigzone Staff | Tuesday, June 10, 2025 | 2:28 AM EST The contract involves maintenance and upgrades to sustain production levels across offshore assets in the South China Sea.

Petroleum 62

Petroleum Maintenance Offshore Sustainability 62

OilPrice

APRIL 2, 2025

Iran is targeting a dramatic increase in oil production from the fields it shares with neighbouring Iraq, according to the chief executive officer of its Petroleum Engineering and Development Company (PEDEC), Nasrollah Zarei.

Field 265

Field Oil Petroleum Engineer 265

OilPrice

MAY 30, 2025

Total petroleum product supplieda broad proxy The increase reflects steady momentum from the Permian and Gulf Coast operatorseven as drilling activity slows elsewhere. But while the supply side flexed its muscle, demand told a different story.

Crude Oil 289

Crude Oil Oil Petroleum Barrel 289

OilPrice

MAY 16, 2025

State-controlled Egyptian General Petroleum Corporation (EGPC) is looking to buy via a tender nearly 2 million tons of fuel oil to be delivered in May and June, a source with direct knowledge of the plans told Bloomberg on Friday.

Oil 288

Oil Gas Natural Gas Petroleum 288

Iraq Business News: Oil & Gas

JUNE 15, 2025

China Petroleum Engineering Corporation (CPEC) has announced that its wholly owned subsidiary, China Petroleum Pipeline Engineering has received a letter of award from France's TotalEnergies for a major gas infrastructure project in Iraq. By John Lee.

Pipeline 69

Pipeline Petroleum Engineer Engineering 69

Rigzone

JULY 3, 2025

million barrels on June 27, the EIA's latest weekly petroleum status report showed. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 3.8 Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. Total petroleum stocks were up 9.6

Crude Oil 104

Crude Oil Barrel Oil Petroleum 104

BOE Report

APRIL 28, 2025

Woodside Energy is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied natural gas plant in the U.S., The overseas unit, Kuwait Foreign Petroleum Exploration, is also considering securing LNG supply from the project, the [Read more]

Petroleum 101

Petroleum Natural Gas Gas Energy 101

NGT News

JANUARY 19, 2021

The Dallas-Fort Worth Clean Cities Coalition has selected the winners of its Fleet Recognition Awards, highlighting 22 public-sector fleets for their efforts to reduce petroleum use and improve air quality in North Texas. This year the winners included eight Gold Level, six Silver Level and eight Bronze Level recipients.

Petroleum 246

Petroleum IT Gas 246

OilPrice

MARCH 11, 2025

The Panama Canal is considering an idea to build a pipeline to ship liquefied petroleum gas (LPG) across the key trade chokepoint to potentially bring gas from the U.S. to Japan, according to the canal administrator Ricaurte Vasquez.

Pipeline 264

Pipeline Gas Petroleum Barrel 264

OilPrice

APRIL 1, 2025

The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned production increase for May, a new Bloomberg survey showed on Tuesday. OPEC reduced its crude oil production for March to an average of 27.43 million barrels per daya reduction of 110,000 bpd from the prior month.

Crude Oil 235

Crude Oil Oil Petroleum Barrel 235

OilPrice

MARCH 12, 2025

The potential deal with the multinational company, which Alberta didnt name, would be a first-of-its-kind transaction that would see the overseas transport and sale of about 2 million barrels per month of Government of Alberta owned heavy oil via the Alberta Petroleum Marketing Commission (APMC). Given the significant volume of conventional

Oil 254

Oil Petroleum Barrel Government 254

Rigzone

JULY 2, 2025

“Rounding out the picture, we anticipate another small increase in Strategic Petroleum Reserve (SPR) stocks (+0.3 Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. Total petroleum stocks were down 3.9 +transfers), we look for a nominal reduction (-0.3

Barrel 100

Barrel Crude Oil Petroleum Oil 100

OilPrice

MAY 7, 2025

billion in deepwater oil and gas exploration and development offshore Nigeria, the local regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has said. supermajor ExxonMobil plans to invest as much as $1.5

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Upstream Offshore Petroleum Gas 242

OilPrice

MARCH 13, 2025

The major oil producers in the Middle East are exporting record volumes of refined petroleum products, reducing the overall impact of their crude production cuts on the market, Reuters reports, citing flow-tracking data and analysts. But the key OPEC+ producers in the Gulf saw their combined fuel exports jump to a record high last year.

Crude Oil 249

Crude Oil Petroleum Oil IT 249

NGT News

DECEMBER 4, 2019

says it has stopped purchasing petroleum diesel and will now fuel its diesel bus fleet with renewable diesel. Santa Barbara MTD, the transit agency providing bus and shuttle service in greater Santa Barbara, Calif.,

Petroleum 233

Petroleum IT 233

NGT News

NOVEMBER 2, 2022

The Dallas-Fort Worth Clean Cities Coalition has recognized local fleets as part of its annual Fleet Recognition Awards for their efforts to reduce petroleum use and improve air quality. The winners include eight Gold, seven Silver and six Bronze recipients.

Petroleum 246

Petroleum IT Government 246

NGT News

JANUARY 14, 2020

Dharmendra Pradhan, India’s minister for petroleum and natural gas, has launched India’s first long-distance compressed natural gas (CNG) bus led by Indraprastha Gas Ltd. IGL), the largest CNG distribution company in India.

Natural Gas 246

Natural Gas Petroleum Engineer Engineering 246

American Gas Association

JUNE 30, 2025

Kerosene is distilled from petroleum. The Shale Revolution of 2008 didn’t just make the United States the world’s largest producer of natural gas – it also unlocked vast reserves of petroleum. It consumes vast quantities of advanced fuels. Today, the Air Force largely runs on a fuel called JP-8, made from kerosene.

Natural Gas 100

Natural Gas Petroleum Gas Transportation 100

OilPrice

APRIL 24, 2025

Chevron Namibia Exploration Limited considers drilling the well in 2026 or 2027 in Petroleum Exploration License 82 in the Walvis Basin, Reuters quoted Chevrons Namibian subsidiary as saying. With this programme, Chevron continues to activate its strong and growing exploration portfolio, according to a company statement.

Exploration Well 217

Exploration Well Basin Petroleum Completion 217

Oil & Gas 360º

JULY 9, 2025

The focus on Libya, a member of the Organization of the Petroleum Exporting Countries (OPEC), comes as the North African nation tries to bring back oil majors that left. The document outlines a framework for how the energy companies might work together and assess a range of technical data. The North African nation has pumped about 1.2

Exploration and Production 130

Exploration and Production Field Oil Natural Gas 130

Iraq Business News: Oil & Gas

APRIL 1, 2025

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.

Upstream 81

Upstream Petroleum Oil Consulting 81

Rigzone

JULY 8, 2025

It has also secured a new 914-day contract for drillship Valaris DS-18, expected to start in the mid-fourth quarter 2026, with Anadarko Petroleum Corp., billion in new contract backlog so far this year' Image by Klaas Slot via iStock Offshore drilling services provider Valaris Limited has secured more work for two of its units.

IT 62

IT Offshore Oil Gas 62

Oil & Gas 360º

APRIL 30, 2025

(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.

Gas 130

Gas Oil Exploration and Production IT 130

Oil & Gas 360º

APRIL 22, 2025

(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.

Gas 130

Gas Oil Exploration and Production IT 130

BOE Report

APRIL 29, 2025

The Canadian Association of Petroleum Producers (CAPP) congratulates Prime Minister Mark Carney and all the newly elected and returning Members of Parliament. A new federal government offers an opportunity to rejuvenate Canadas economy and its approach to natural resource development.

Petroleum 98

Petroleum Government IT 98

Oil & Gas 360º

MAY 8, 2025

For two months in a row, the Organization of the Petroleum Exporting Countries and its allies have agreed to make super-sized production increases that surprised traders and drove down prices. The kingdom warned at the its most recent meeting on May 3 that there will be further output increases if the groups quota cheats dont fall in line.

IT 130

IT Condensate Oil Barrel 130

OilPrice

MAY 16, 2025

Kuwait, one of the top OPEC producers in the Middle East, plans to invest as much as $50 billion to raise its oil production capacity to above 3 million barrels per day (bpd) over the next five years, Kuwait Petroleum Corporations deputy chairman and CEO, Shaikh Nawaf Al-Sabah, has said.

Oil 208

Oil Crude Oil Petroleum Barrel 208

Enverus

MAY 30, 2025

with ConocoPhillips, Diamondback Energy and Occidental Petroleum cumulatively spending more than $85 billion on assets since 2020 and more than $140 billion including Occidentals 2019 acquisition of Anadarko Petroleum. In response to today’s announcement that EOG Resources would acquire Encino Acquisition Partners for $5.6

IT 130

IT Petroleum Energy Energy 130

NGT News

SEPTEMBER 10, 2019

Department of Energy, GWRCCC reported a 2018 reduction of petroleum use in the DC/Maryland/Virginia area of more than 11 million gallons, resulting in greenhouse-gas (GHG) emission reductions of more than 54,000 tons. […]. In its annual report to the U.S.

Transportation 208

Transportation Petroleum Gas IT 208