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India Launches Largest-Ever Offshore Exploration Tender

OilPrice

India is looking to strengthen its domestic oil and gas exploration and supply with the biggest-ever acreage up for grabs under the Open Acreage Licensing Programme (OALP) Round X. India’s energy journey offers engagement opportunities with Indian companies across multiple areas, including joint participation…

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Chinese Firm Secures Key Gas Block in Algeria

OilPrice

Zhongman Petroleum and Natural Gas Group (ZPEC), an independent Shanghai-listed Chinese oil and gas company, has won a licensing contract to explore a natural gas block in central Algeria, the firm has said.

Gas 176
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US Oil Production to Peak in 2027, Natural Gas by 2032: EIA

OilPrice

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.

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New Report Focuses on Non-Petroleum Fuel Options for Waste and Recycling Fleets

NGT News

NGO Energy Vision’s The Refuse Revolution report on alternative fuels and new vehicle technologies for waste and recycling collection truck fleets assesses biodiesel and renewable diesel, fossil and renewable natural gas, hybrid technologies, battery electric vehicles (BEVs), DME, and hydrogen for cost, performance, and climate and health impacts.

Petroleum 246
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USGS Discovers Large Oil & Gas Deposits In Wyoming   

OilPrice

Geological Survey (USGS) has discovered large oil and gas deposits in the Mowry Composite Total Petroleum System that spans parts of Wyoming, Colorado and Utah. The report estimates large hydrocarbon resources, including 473 million barrels of oil and 27 trillion cubic feet (tcf) of natural gas.

Gas 345
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Egypt Turns to Oil for Power Generation Due to High Gas Prices

OilPrice

Egypt is seeking to buy more fuel oil on which to run some of its power plants as natural gas supply is more expensive for the cash-strapped North African country.

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In Response to Israel Attacks on Iran, Egypt Activates Emergency Plan for Natural Gas Allocations

Egypt Oil & Gas

According to Reuters, some Egyptian Fertilizer companies had to stop production on Friday due to the expected drop in natural gas supplies after major Israeli gas fields suspended operations following Israel’s military strikes on Iran.