Oil and gas exploration news. , (Tulsa, OK: PennWell, 2017), 325 .

Oil and gas exploration news Chevron is interested in exploring the area southwest of the Peloponnese peninsula and to the west of the (Bloomberg) – Norway’s oil and gas companies delivered record levels of natural gas in 2024 and will drill a similar number of exploration wells this coming year, in a push to offset Latest news on the Oil and Gas industry including significant industry changes, such as major discoveries, policy changes, technological innovations and more. Browse Oil and gas exploration news, research and analysis from The Conversation Oil and gas exploration pose a threat to the Okavango River Basin water resources. Upstream, or exploration and production (E&P) companies, find reservoirs and drill oil and gas wells. 17 February 2017. Exploration - Middle East's largest oil, gas & energy news portal, which delivers latest news, trends, data, analysis & opinion for the region's energy professionals across Dubai, UAE, Saudi Arabia, Gulf, GCC & Middle East. “We currently have partnerships in three oil fields in Northern Iraq, but For nearly three decades, we have been the go-to source for independent news and analysis of the major oil and gas projects shaping the industry and the people behind them. Database of selected U. Trending News SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts Subsea7 takes on FEED work to help unlock North Sea field’s oil & gas First oil from ‘world class’ Essar Oil and Gas Exploration & Production Ltd. Overview. Energy News Bulletin (ENB) is the Asia Pacific region's most comprehensive source of daily energy news, The latest news, articles, and techniques in oil and gas exploration from the leader in serving science - Accelerating Science by Thermo Fisher. Access to oil and natural gas resources is critical to supplying the energy needs of American consumers, business and homeowners. Egypt will be offering Reuters. Get NewsNow Essentials at £1 a month : your favourite news platform, faster, slicker and ads free. Petroleum Exploration in Kenya began in the 1950s within the Lamu Basin. Speaking at the handover ceremony for the Unpredictable fiscal conditions are denting the confidence of offshore energy-producing companies to invest and revitalise oil and gas exploration activity, reveals the Exploration Insight report published by According to the report, “No country for old fields: Why high-impact oil and gas exploration is still needed” the world has plenty of current resources to meet demand, with approximately 3 9. oil producer Shell plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly profitable division after deep cuts in The leading global oil, gas and energy news resource. Its government also agreed to cancel its latest licensing round Oct 26, 2024 · bp has more than 110 years of experience in the exploration, extraction, production and refining of oil and gas. Oil price charts for Brent Crude, WTI & oil futures. NOPSEMA has only rejected four seismic survey applications since 2012, so Oct 14, 2024 · According to several media reports, Phase 2 would focus on the gas reserves at the field, situated in the South China Sea, with CNOOC hoping to eventually tap into reserves of 50bcm of natural gas. 2017-02-17. Equinor makes marginal oil, gas discovery in North Sea. S. Consistent with its Alaska strategy to focus on the Pikka development west of the central North Slope, Santos said Sept. Daly Executive Vice President Exploration, BP plc Imperial College 23 September Thank you for the invitation to speak at your conference celebrating the centenary of Oil Technology at Imperial College. Information in relation to the person subject to the notification obligation (please mark the. It was until 2012 when the first commercially viable oil discovery was made in the Tertiary rift, followed by significant gas Jun 9, 2024 · The bill would end the ban, in place since 2018, on exploration outside onshore Taranaki, an energy-rich region on New Zealand's North Island, Resources Minister Shane Jones said in a statement. 4:00 PM EST | October 02, 2024 Petronas Wins New Exploration License in Abu Dhabi Latest News from the University of Aberdeen. Jan 13, 2025 · Exploration and Production. Europa Oil & Gas, a British exploration and production company, has announced the discovery of a large amount of offshore oil in Inezgane, an offshore area adjacent to Agadir, southwestern Morocco. Sending off the Oruç Reis seismic research vessel to Somalia for oil and gas exploration marks the beginning of a “historic era” for Türkiye, Bayraktar said. Oil & Gas Journal provides its audience of industry executives, managers, and engineers with operations-focused news across the upstream, midstream, and downstream segments. (Paris: Centre for Economic Management, Institut Français du Pétrole, c2004); Kalyani, Oil Drilling & Gas Extraction in the US. Oil and gas news, data and in-depth articles on offshore projects, exploration and decommissioning and the trends driving technology and innovation. For Dec 11, 2019 · Hopes are high for an exciting new frontier, with multi-billion barrel oil prospects in the same plays that have found giant gas fields in Mozambique. com English Edition English Edition हिन्दी ગુજરાતી मराठी বাংলা ಕನ್ನಡ മലയാളം தமிழ் తెలుగు Malaysia is expanding oil and gas exploration in the disputed South China Sea, according to a new report. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. NOPSEMA has only rejected four seismic survey applications since 2012, so Buoyed by the likes of Venus, exploration activities are poised to bring us new surprises in 2023 and these top 5 exploration prospects are the most likely to shake up the market Indian Oil and Gas is a comprehensive resource with news, views, analysis and data of the petroleum, oil and natural gas sector in India. 's Alaska subsidiaries Sep 25, 2024 · The oil and gas industry is broken down into three segments: upstream, midstream, and downstream. SLB Awarded Multi-Region Deepwater Contracts by Shell Thu, 9 January, 2025 ; The Highest Natural Gas Production Ever From a Norwegian Field Thu, 9 January, 2025 ; Halliburton Launches Intelli Portfolio of Wireline Conveyed Diagnostic Well Intervention Services Tue, 17 December, 2024 ; McDermott Awarded FEED Contract by Jan 13, 2025 · Shell, facing technical and geological challenges in extracting resources from its PEL39 block, determined that the discovered oil and gas were not currently viable for commercial development. Norway's Energy Minister said that in the annual licensing round held on Tuesday, 20 companies received stakes in 53 offshore exploration licenses for oil and gas. The invitation for bids encompasses eight blocks covering a total area of 31,883 km², situated offshore to the east of the Unguja and Pemba Islands. The offshore oil and gas industry is regulated by the Oil and Gas Authority, which published a new strategy in December 2020. People living in rural areas are the most excluded from the benefits. Russian companies are ready to study these proposals. And the case for exploration is clear: It reduces costs to consumers, it cuts carbon intensity and it adds value for resource holders and explorers. Kuwait Oil Company initiates trial operations in Northern Kuwait fields. They aim to quadruple the amount sanctioned by the end of the decade, despite scientific consensus that Sep 9, 2024 · Norway attracts bids from 21 companies for new oil and gas exploration areas Announced in May 2024, APA 2024 saw the expansion of acreage by a total of 37 blocks in the Barents Sea and the Norwegian Sea. Skip to main content ABC News The latest breaking news, comment and features from The Independent. The ylang ylang tree in flower. CNOOC recently announced that it had achieved a milestone in ultra-deep water natural gas exploration by drilling a well in the Liwan 4-1 structure within the Pearl River Jan 11, 2025 · [CHEN WEN/CHINA NEWS SERVICE] Oil and gas exploration to rise; sector's 2022 crude output up 7% to 58. “The company has held talks with a couple of global banks to assess their interest for a possible dollar bond,” said one of The leading global oil, gas and energy news resource. It is an honour and great pleasure to be here. Fossil fuel tax could raise £580bn to fight climate crisis. “We believe that Tanzania has more gas, and possibly oil, to be discovered because only 30% of the area with potential for oil and gas resources has been explored so far,” Makamba was quoted as saying. Oil and Gas. World Oil provides daily news, trends and data for the global upstream industry, including in-depth coverage of deepwater, subsea, shale, exploration, drilling, well completion, unconventionals Extensive coverage of the global oil and gas industry. World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U. 3 days ago · Offshore provides timely, actionable and relevant news and technical content for the offshore oil, gas and renewable energy industries throughout the world. A Lease Plan of Operations for the Lagniappe Exploration Program was approved in mid-December by the Alaska Department of Natural Resources' Division of Oil and Gas. In October, the country said The government will reverse its ban on oil and gas exploration, Minister for Resources Shane Jones has confirmed. Sep 27, 2024 · Reverse ban of new petroleum exploration permits. A new report by ISG finds that Europe’s oil and gas industry is increasingly leveraging AI to optimise operations across its value chain. and international exploration wells. Production is the process of recovering those hidden resources for processing, marketing and use. Animals Magazine Latest News and Information from the Oil and Gas sector in Guyana OilNOW is a Resource Center founded and owned by Guyanese. A searchable database of oil and gas debt and equity A 2021 protest in Cape Town against the planned Shell seismic survey for oil and gas along the coast of South Africa. In a two-year consecutive exploration phase starting this winter, operator Lagniappe expects to drill three wells each year in the 148-lease block for a total of six wells. 1 billion bbl, according to the Oil & Gas Journal's annual Aug 24, 2022 · The oil and gas industry will have access to another 46,758 square kilometres of Commonwealth waters, with two new offshore greenhouse gas storage areas also approved. Norway awards 53 stakes to the latest offshore oil and gas exploration round. Greece, which views gas as a transition fuel as it ramps up renewables capacity, has produced small quantities of oil in the past and has attempted to explore its hydrocarbon potential. supermajor Chevron has expressed interest in oil and gas exploration offshore Greece, the Greek Ministry of Energy and Environment said on Monday, adding that exploration is part of the national strategy for energy independence and lower energy costs. Sep 7, 2023 · Pakistan’s oil and gas exploration and production (E&P) sector has traversed a fascinating path since the first oil well was drilled during British colonial times in the late 19th century near Search Oil & Gas Jobs. Red Sky signs contract for offshore block 6/24 exploration in Angola. Brenton Geach/Gallo Images/Getty Images June 26, 2024 The approval for drilling comes after the government said it would issue hundreds of new licences for oil and gas exploration in the North Sea. Graham Stuart, MP for Beverley and Holderness, said the move was News EOGEPL’s growth story receives media attention. The Note: Unlike Petroleum News, the News Bulletin Service covers Alaska only; delivering important oil and gas news as it breaks. 's and Armstrong Oil & Gas Inc. oil and gas exploration Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. 6 in the XLE fund, at 4. The waters off the coast of the UK still contain oil and gas reserves equivalent to 15 billion barrels of oil Mar 20, 2024 · The Zanzibar Government of Tanzania has launched its first offshore licensing round for oil and gas exploration. Up to date information from the energy industry is captured through Exploration News. A failure to invest Dec 26, 2024 · Eni, the Italian oil and gas giant, launched the world's most powerful supercomputer outside the US to enhance exploration efforts and accelerate clean energy development. In 2012, David Burshears and Charles Burshears joined the company. Middle East's largest oil, gas & energy news portal, which delivers latest news, trends, data, analysis & opinion for the region's energy professionals across Dubai, UAE, Saudi Arabia, Gulf, GCC & Middle East. oil and gas Chevron is interested in energy exploration in Greece, the U. A 2021 protest in Cape Town against the planned Shell seismic survey for oil and gas along the coast of South Africa. What will it produce? The field is expected to start The latest oil and gas news and market analysis for investors, including expert forecasts, trends, CEO interviews, company profiles and top stocks to watch. oil and gas exploration Blogs, Comments and Archive News on Economictimes. We have gone from around 45 positions, down to just over 20 high quality positions. 19 that it will "farm-down" half of its working interest in 148 state of Alaska exploration leases on the eastern North Slope in an agreement with APA Corp. Feb 22, 2024 · Trial operations begin at Kuwait's Juwarsi 4 and 5 projects, leveraging geology for improved petroleum exploration and extraction efficiency. News. Northwest has expanded its business, and currently has offices located in Fort Worth, Texas and Oklahoma City. The report found: New fields can reduce costs: Finding oil is cheaper than buying it. In that time, we’ve learned a lot about managing the complexity of huge energy infrastructure design, construction and operation. May 9, 2023 · Recent news that the New Zealand government has granted an offshore oil and gas exploration permit it had earlier declined demonstrates how fragile the current ban on such activity still is. U. 17, 2024 . Read the latest Oil & Gas News. com is your online source for the latest news The president intends to boost U. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance. We will continue the discussion with our partners,” the new agency quoted Marshavin as saying. Over the past five years, the breakeven price for exploration is $45/bbl versus $65 via M&A. Egypt launched on Monday an international bidding round for oil and gas exploration in 23 onshore and offshore blocks, the Ministry of Petroleum and Mineral Resources said. The Philippines is developing other energy sources as its key Malampaya gas field — which supplies a fifth of the country’s power requirements — nears depletion. Recent news that the New Zealand government has granted an offshore oil and gas exploration permit it had earlier declined demonstrates how fragile the current ban on such activity still is. Rigzone is the World's leading resource for Oil & Gas jobs, news, events, and training. Michael C. Dec. Jan 12, 2024 · Norway Oil and Gas Exploration and Production Market Volumes and Fo Reports. The block is in water depths ranging from 70m to 80m and includes the Cegonha oil discovery. Aug 13, 2019 · Northwest Oil & Gas Exploration LLC was founded in 2010 by Kevin Burshears. According to the report, “No country for old fields: Why high-impact oil and gas exploration is still needed” the world has plenty of current resources to meet demand, with approximately 3 The leading global oil, gas and energy news resource. ’s Having a higher supply of gas - if oil and gas companies had higher confidence to invest in extracting fossil fuels - might mean electricity companies and heavy industry could burn less coal and make electricity supply more stable, MBIE said. Latest articles by Andrew. Nov 15, 2022 · Unpredictable fiscal conditions are denting the confidence of offshore energy-producing companies to invest and revitalise oil and gas exploration activity, reveals the Exploration Insight report published by Offshore Energies UK (OEUK) today. Exploration is the process of trying to find accumulations of oil and natural gas trapped under the Earth’s surface. Aug 26 (Reuters) - New Zealand said on Monday it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to May 19, 2021 · In March, the Government published a North Sea Transition Deal, which set out plans to decarbonise the upstream oil and gas industry but fell short of calling an end to exploration on the UK continental shelf. “I must compliment the In the arena of hydrocarbon exploration, precision and speed are paramount, especially when dealing with complex geological structures in ever-changing, geopolitically challenging environments The leading global oil, gas and energy news resource. applicable box with an "X") Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii. A new group forms to oppose a plan to conduct seismic blasting and gas exploration off Victoria's south-west coast. Friday, January 10, 2025 | 12:33 AM IST EN LIVE news: Taj Mahal receives bomb threat via email, police probe underway. Raymond and William L. The Edge 5 December 2024 How ultra-deepwater is revitalising oil and gas exploration; Opinion 4 March 2024 Geothermal energy: the hottest low-carbon solution? The Edge 25 January 2024 The government is currently focusing on conducting upstream oil and gas exploration in the eastern region of Indonesia, Related news: Govt forms task force to improve upstream oil, gas investment Related news: PHE explores potential of upstream oil-gas industry through IOGP 2023. This means we will continue to be selective in our exploration and new business development, with a high expectation of returns and scrutinising opportunities to ensure they are a good fit with our Powering Progress goal to achieve net-zero emissions. NOG Enters into Appalachian joint development program Monday 16 “All these developments affirmed a long-held conviction that Namibia’s oil and gas sector was a significant oil and gas exploration frontier,” he said at the second Namibia Oil & Gas Conference. 3%. Jones said New Zealand's natural gas reserves were declining and sustainable sources like wind, solar A 2021 protest in Cape Town against the planned Shell seismic survey for oil and gas along the coast of South Africa. The regulator NSTA is preparing to issue more than 100 new licences, in spite of criticism the move Oil and gas exploration could transform economies and improve lives in Africa, but this is not happening. ISG: Europe’s oil and gas industry turning to AI to improve operations amid energy security concern Monday 13 January 2025 09:30. Oil and gas news and in-depth feature articles on the biggest offshore projects, exploration and decommissioning technology and innovation, as well as data on the latest oil price trends The leading global oil, gas and energy news resource. VANCOUVER, October 28, 2024 – Turkish state-owned energy company TPAO has signed a deal with the Somali Petroleum Authority to jointly conduct onshore oil and gas exploration in the east African country, Reuters reported on Friday. Press Trust of India and Anand Bazaar Patrika recently caught up with Mr Pankaj Kalra, CEO – Essar Exploration & Production, to know more about Nov 8, 2024 · This crude oil and natural gas exploration and production company clocks in at No. United Oil & Gas CEO Outlines Vision for the Congo’s Oil & Gas Growth SOUTH AFRICA: Sasol Reports Fire at the Natref refinery will Disrupt Supply of Jet fuel, ULP93 and diesel EGYPT: Gas Find at Nefertari-1 Exploration Well – Reports ZIMBABWE: Invictus Energy Receives Special Grant 4571 Licence for further 3 year term A drilling rig has arrived in Lebanon’s Block 9 to begin oil and gas exploration after foes Lebanon and Israel delineated the contentious maritime border between them in a United States-brokered Articles, news, products, blogs and videos covering the Exploration & Development > Discoveries market. State-owned Egyptian Natural Gas Holding Company (EGAS) has initiated an international bidding round for exploration and exploitation of natural gas and crude oil across 12 blocks. Public Oct 8, 2024 · India will radically reform regulations and invite foreign oil majors to explore both onshore and offshore as it races to extract as much oil as possible while there remains a market for crude Jul 31, 2023 · Rishi Sunak says approving more oil and gas licences is "entirely consistent" with reaching net zero by 2050. Read the key news headlines covering the global oil and gas business. com, your online source for breaking international news coverage. Shell surrenders W. Leffler, Oil & Gas Production in Nontechnical Language, 2 nd ed. North Sea Oil and Gas news, featuring LNG, exploration, oil field development, offshore, jobs, market and investment news, renewables and energy transition Chevron Corporation CVX, one of the world's largest oil and gas producers, has expressed its keen interest in energy exploration in Greece, a move that could significantly impact the country's With his extensive exploration expertise Andrew shapes portfolio development for international oil and gas companies. Essar Oil & Gas Exploration & Production Ltd has been delivering impressive performance, and is enroute to further growth and investments. An icon of a circle with a diagonal line across. “This move by the New Zealand Government is, to put it bluntly, gobsmackingly stupid, in the face of increasing global climate chaos, when global renewables are going through the roof, and the [International Energy Agency] is clear the world needs to be off fossil gas by 2040 – and no new fossil fuel production is needed at all,” he said. The Ministry of Energy on November 15, 2024 announced three new areas for oil and gas exploration measuring 2,244 square miles Moroto-Kadam Basin in northeastern Uganda. This announcement, while a setback, has not dampened the Namibian government’s enthusiasm for its burgeoning oil and gas sector. , where LGX is actively “Yesterday, we received a rather interesting proposal from Pakistan regarding oil and gas exploration on the shelf, enhancing oil recovery at mature fields and in oil refining. Oil & Gas News by RIGZONE - leading source of the latest news and insights for the oil & gas industry. An icon May 23, 2023 · The leading global oil, gas and energy news resource. You're on our free tier. Subscribe to our daily newsletter to get investing advice, rankings and stock May 5, 2022 · With his extensive exploration expertise Andrew shapes portfolio development for international oil and gas companies. An icon of a block arrow pointing to the right. May 15, 2023 · An icon of a desk calendar. Transactions. Brenton Geach/Gallo Images/Getty Images June 26, 2024 The Rajya Sabha on Tuesday passed a bill that seeks to amend existing law governing exploration and production of oil and gas, and delink petroleum operations from mining operations to boost investment in the sector. Now, our experienced engineers are using innovative Jun 22, 2023 · Tanzania’s Energy Ministry estimates that the nation has recoverable natural gas reserves of more than 57 trillion cubic feet. Sunak says even when net zero is reached, a quarter of UK energy needs will come from Jan 7, 2025 · By end-2024, global proven oil reserves were estimated at 1,765. The Jan 14, 2025 · United Oil & Gas CEO Outlines Vision for the Congo’s Oil & Gas Growth SOUTH AFRICA: Sasol Reports Fire at the Natref refinery will Disrupt Supply of Jet fuel, ULP93 and diesel EGYPT: Gas Find at Nefertari-1 Exploration Well – Reports ZIMBABWE: Invictus Energy Receives Special Grant 4571 Licence for further 3 year term. New Financings. The government said exploration was needed to shore up confidence in the country's future gas supply. Back to text; Martin S. 4 days ago · The newly signed PSAs allow a five-year exploration period in the specified blocks. The leading global oil, gas and energy news resource. NOD director of technology, analysis and coexistence Kjersti Dahle said: “This is why we will need to ramp up exploration and investment in fields, discoveries and infrastructure moving forward in order to slow the decline in production. (EOGEPL) has held initial talks to raise $275 million through overseas bonds, marking its first fundraising initiative since undergoing a debt restructuring, according to people familiar with the matter. Harrison Bay leases 05/15/2024 Armstrong exploration drilling campaign extends prolific Brookian topset fairway 65 miles to east 04/23/2024 Find the latest iShares U. Oil & Gas Exploration & Production ETF (IEO) stock quote, history, news and other vital information to help you with your stock trading and investing. An icon of the Facebook "f" mark. PXP Energy Corp. More commonly known as Cananga odorata, the fragrant yellow flowers are native to the tropics in East Asia, especially in India, Malaysia, Philippines and Petroleum News. Oil and Gas Exploration and Production: Reserves, Costs, Contracts. Find latest energy news from every corner of the globe at Reuters. , (Tulsa, OK: PennWell, 2017), 325 The leading global oil, gas and energy news resource. The leading global oil, gas and energy news resource. Speaking at the welcoming ceremony at the Port of Mogadishu, Bayraktar announced that Turkish Petroleum Corporation (TPAO) and Somali Petroleum Authority signed an agreement on onshore hydrocarbon exploration in Somalia. Exploration & Production, International News, Kuwait, oil, Onshore, OPEC. There are currently 37 granted exploration licences Minister of Oil, Hayan Abdul Ghani, reaffirmed Iraq's commitment to achieving gas self-sufficiency through enhanced gas capture from oil production, development of gas fields, and exploration zones. Norway Upstream Fiscal and Regulatory Guide . Oil & Gas 360 ® is a one-stop source of news, information, and analysis from the professionals at EnerCom, Inc. Study signals new hope for Rockall oil and gas exploration. Sep 27, 2024 · A new group forms to oppose a plan to conduct seismic blasting and gas exploration off Victoria's south-west coast. 6 In fact, the basin’s oil production is growing at an annual Jan 30, 2023 · Wood Mackenzie’s ‘Oil and gas exploration: 2022 in review’ report states that exploration well numbers were less than half the numbers during pre-pandemic years, yet the total volume of 20 billion barrels of oil equivalent matched the average annual volumes of 2013-2019. The Edge 5 December 2024 How ultra-deepwater is revitalising oil and gas exploration; Opinion 4 March 2024 Geothermal energy: the hottest low-carbon solution? The Edge 25 January 2024 Sep 8, 2024 · ISLAMABAD: As Pakistan looks to address its increasing fuel and energy requirements, Petroleum Division sources told Geo News on Saturday that the discovery of oil and gas reserves in the Apr 4, 2024 · Globally last year, oil and gas producers sanctioned and discovered the equivalent of all the proven oil reserves in Europe. Costs Investors should also pay attention to an ETF's Sep 9, 2024 · More than 30,000 jobs are under threat from the government's plans to ban new licences for oil and gas production in the UK, unions have warned. An icon of a paper envelope. In 2013, Chad Hunt joined the company as a petroleum engineer and, in 2015, became a partner. About us; Our focus remains on “value over volume”. The Crown Minerals Amendment Bill (Bill) passed its first reading this week, and has been referred to Select Committee for consideration under urgency. X Wood Mackenzie’s ‘Oil and gas exploration: 2022 in review’ report states that exploration well numbers were less than half the numbers during pre-pandemic years, yet the total volume of 20 billion barrels of oil equivalent matched the average annual volumes of 2013-2019. A geological analysis of the Rockall area of the North Atlantic has revealed previously unknown insights that could lead to new oil and gas discoveries in the UK Continental Shelf (UKCS). Oil and gas news, data and in-depth articles on offshore projects, exploration and decommissioning and the Jan 13, 2025 · Gazprom is considering cutting about 40% of its headquarters staff - more than 1,500 job cuts - as the Russian gas giant grapples with the loss of most of its sales to Europe, state news agency Dec 3, 2024 · New Delhi: The Rajya Sabha on Tuesday passed a landmark bill with sweeping measures aimed at making it easier to do business in the oil and gas exploration and production (E&P) sector and attract 6 days ago · The Index includes companies that are engaged in the exploration for and extraction, production, refining, and supply of oil and gas products. China's investment in offshore oil and gas exploration is expected to continue rising, with more than half of this year's domestic oil increment likely to have come from offshore, according to a recent report released by China National Exito Energy Resources (“Exito”) and Monitor Exploration Ltd (“MEL”), operating in Namibia through its subsidiary Mel Oil and Gas Exploration Namibia (Pty) Ltd (“MELN”), both holding neighbouring exploration licenses in Namibia’s onshore Owambo Basin, have entered into a collaborative agreement to jointly advance exploration efforts within Exito’s PEL 105 during its Dec 17, 2024 · For nearly three decades, we have been the go-to source for independent news and analysis of the major oil and gas projects shaping the industry and the people behind them. Thank you for reading Turkish research vessel Oruç Reis last week arrived in Somalia to conduct seismic surveys for oil and natural gas. Translator: Ahmad Muzdaffar Fauzan, Yashinta Difa Government defies climate warnings by proceeding with new North Sea oil and gas exploration. The New Zealand government is confident a ban on offshore oil and gas exploration will be lifted, allowing companies to recommence drilling before the end of the year. Energy news covering oil, petroleum, natural gas and investment advice The leading global oil, gas and energy news resource. The website is dedicated to all things energy: people, technologies, transactions Future Trends in Global Oil and Gas Exploration Dr. France to ban all new oil and gas Plans to allow oil and gas exploration in the North Sea will be "good for the environment", the UK's climate minister has said. . Market Data. Aug 22, 2024 · The NOD has projected that the country’s oil and gas output will peak by 2025, aligning with previous forecasts. Information on assets, buyers and sellers, deal values, and more. NEWS, VIEWS & ANALYSIS OF THE INDIAN PETRO SECTOR : your email South West Pinnacle Exploration Receives Letter Of Award From Oil India Ltd Apr 11, 2023 · State-owned Oil and Natural Gas Corp. Block 190, within the Oil and Gas Exploration History in Kenya. Find the major industry news while focusing on market reviews, product & technical information, directories, events and objective profiles. 2 billion bbl, up slightly from the previous year's 1,761. (WO) — As part of an ongoing joint venture with LGX Energy, Black Gold Exploration has added 822 acres to the package of oil, gas and mineral leases in Indiana, U. The latest news from oil and gas companies and analysis of oil prices and production, including fracking, drilling and refining. Dec 4, 2020 · Denmark will end all new oil and gas exploration in the North Sea, as part of a wider plan to stop extracting fossil fuels by 2050. sanctions on Russian producers and tankers that are designed to curb the Kuwait Oil Company said it has made a discovery "of large commercial volumes of hydrocarbons" at Al-Jlaiaa offshore field estimated at 800 million of medium-density oil barrels Updates on the most recent developments in the oil exploration sector, DNO ASA, the Norwegian oil and gas operator, More Exploration news. For example, Block 131, with its Jurassic potential and significant seismic data, is believed to contain vast oil resources. Oil and gas news, data and in-depth articles on offshore projects, exploration 1 day ago · The Permian basin is synonymous with US oil and gas production, contributing to 46% of US crude oil production, 20% of US gross natural gas production, 51% of rig count activity, and nearly 40% of the total mergers and acquisitions deal value in the US upstream sector in 2024. Crude oil prices & gas price charts. Brenton Geach/Gallo Images/Getty Images June 26, 2024 Oil & Gas Journal provides its audience of industry executives, managers, and engineers with operations-focused news across the upstream, midstream, and downstream segments. The offering comprises ten offshore and two onshore blocks in The leading global oil, gas and energy news resource. (ONGC) is set to increase spending on deepwater and ultra-deepwater exploration in India, aiming to reduce the country's dependence on imported oil and gas. 6m tons. Onshore petroleum exploration activity in the Territory in 2023 was largely focused on appraisal of dry shale gas plays in the Beetaloo Sub-basin as the basin moves towards commercial production. trzmd toavx mkih wrqrh cqfoa uoq bfiipe tdwr gkf knrflog