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Oil & Gas 360º
AUGUST 6, 2025
(World Oil) – Presidio Petroleum announced plans to go public via a definitive business combination agreement with EQV Ventures Acquisition Corp. Presidio has a strong track record of substantial acquisitions and intends to acquire and optimize additional producing oil and gas wells.
Oil & Gas 360º
JULY 16, 2025
Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. Petroleum remained the most-consumed fuel in the United States, as it has been for the past 75 years, and nuclear energy consumption exceeded coal consumption for the first time ever. energy consumption in 2024. Energy Use
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Rigzone
JULY 28, 2025
Image by photosbyjim via iStock Anacortes, Washington-based Pacific Petroleum Operating LLC said it completed its acquisition of a portfolio of oil-producing assets located in Wyoming from a portfolio company of an undisclosed private equity group for a total purchase price of $9.65 The structure for Pacific Petroleum leverages a U.S.
Egypt Oil & Gas
JULY 20, 2025
The Egyptian General Petroleum Corporation (EGPC) signed a strategic Memorandum of Understanding (MoU) with its partner, the Siemens, DNV, and EnExpert Energy Consortium. The EGPC Chairman, Salah Abdel Kerim, stated that this agreement reflects the Authority’s interest in developing, securing, and sustaining the infrastructure.
Oilholics Synonymous Report
JULY 23, 2025
Earlier this month, Brent crude futures touched $70 per barrel levels despite a suggested uptick in the amount of oil OPEC+ was bringing on to the market. Overall, there is ample crude in the market and current price levels are unlikely to be sustained. Photo: Oil production site. As such lower prices may beckon.
Egypt Oil & Gas
AUGUST 5, 2025
The Western Desert Operating Petroleum Company (WEPCO), an Egyptian state‐established energy firm, has raised its daily natural gas output to 8,300 barrels of oil equivalent per day (boe/d) following the integration of the 5st-10 development well at the Badr-1 field onshore the Western Desert.
Permian Basin Oil and Gas Magazine
AUGUST 1, 2025
In 1933, Thomas Dewhurst (1881-1973), then President of the Institute of Petroleum in the United Kingdom, organized WPC’s first Congress, which now over 90 years later is in its 25th iteration, and the Dewhurst Award is a tribute to Dewhurst and to its recipient, who will also present the Dewhurst Lecture. Nasser (Saudi Arabia, 2023).
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