Verdande is primarily an oil producer, comprised of the Cape Vulture and Alve Nord East discoveries, and contains 36 million ...

The consortium formed by the two energy majors acquired PPSA’s 3.5% participation in Mero shared reservoir agreement and 0.95 ...

Vår Energi discovered oil and gas in the Goliat Nord prospect in Barents Sea production license (PL) 229. The operator and ...

The NGC gas plant is equipped with capacities to process 400 MMcfd of gas and 20,000 b/d of condensate from two wellhead ...

At 427.5 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report ...

In the coming years, Canadian LPG production could increase by 238,000-264,000 b/d based on several BC LNG projects coming ...

The company is relinquishing its rights to the license following the conclusion of discussions with the Gambian government ...

The meeting took place amid renewed US efforts to negotiate a peace agreement between Russia and Ukraine. A successful deal ...

Reconnaissance Energy Africa encountered hydrocarbons while drilling a second test well onshore northeast Namibia. A production test will be conducted.

TotalEnergies will remain operator with 40% participation alongside Chevron (40%) and South Atlantic Petroleum (20%).

The drilling program is expected to be completed in December 2025. First oil from Teal West is expected in mid-2026.

In March, bp Trinidad and Tobago sanctioned the gas development project, which at peak, is expected to have capacity to produce 62,000 b/d of oil.