Industry & Analysis
News
January 23, 2025
VAALCO Energy, Inc. has provided an operational update that included record production and sales volumes for 2024. Vaalco is a Houston-based, independent E&P company with assets across Gabon, Egypt, Cote d’Ivoire, Equatorial Guinea, Nigeria and Canada.
News
January 22, 2025
(Bloomberg) – U.S. President Donald Trump’s pledge to unlock more of that country’s vast stores of energy will likely lower Kenya’s consumer price growth, according to the chief of the African nation’s central bank.
News
January 21, 2025
Libya’s Oil & Gas Minister outlined plans to boost production to 1.6 million bpd in 2025 and 2 million bpd long-term, with brownfield development and local investment at the core, during the Libya Energy & Economic Summit.
News
January 21, 2025
The Energy Workforce & Technology Council (EWTC) and American Petroleum Institute (API) have both issued statements applauding President Trump's swift and decisive action on Day 1 to unleash American energy.
News
January 21, 2025
With the inauguration of U.S. President Donald Trump on January 20, the future of American involvement in Africa’s energy sector is set for a significant shift. President Trump’s approach to energy has consistently focused on strengthening American interests, particularly by prioritizing domestic energy production.
News
January 21, 2025
Nigeria ranks as Africa’s top destination for upstream oil and gas investment in 2024, research from Wood Mackenzie shows. The African Energy Chamber commends Nigeria for its dedication to simplifying policies and facilitating market growth in the energy sector.
News
January 21, 2025
MAGA Republican leaders, the so-called ‘climate deniers’—and its leader (Trump) label climate change a “hoax.” What does this mean for climate policy and the energy transition in the U.S.? And will the change in U.S. policy affect European policy as well?
News
January 21, 2025
(Bloomberg) – U.S. President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most U.S. coastal waters as he made sweeping moves his first hours in office to unleash American energy development.
News
January 17, 2025
The American Petroleum Institute today joined with the states of Alabama, Alaska, Georgia, Louisiana and Mississippi in filing a challenge to the Biden administration’s ban on new oil and natural gas leasing across millions of acres of federal waters.
News
January 17, 2025
(Bloomberg) – The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum Reserve, a bid to lock in land protections and conservation requirements days before President-elect Donald Trump takes office.
News
January 14, 2025
“American energy was on the ballot, and American energy won,” said API executives on a media call prior to Tuesday’s 2025 State of American Energy event. API leaders shared insights into the industry and where they expect it to head under 2025’s incoming Trump administration.
News
January 14, 2025
(Bloomberg) – Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana continues to grow, the US government said in its first set of forecasts for next year.
News
January 14, 2025
The Republic of Congo will officially launch its licensing round for open oil and gas blocks at the upcoming Congo Energy and Investment Forum (CEIF), scheduled to take place on March 25-26 in Brazzaville.
News
January 13, 2025
Libya’s top international operators and the National Oil Corporation (NOC) will take center stage at the Libya Energy & Economic Summit in Tripoli next week for the panel Unlocking Libya: The Next Frontier for Exploration and Investment.
News
January 13, 2025
According to a new report from national law firm Lathrop GPM, oil and gas (O&G) decision makers are grappling with carbon reduction initiatives and AI readiness—as well evaluating potential mergers and acquisitions (M&A) to drive new efficiencies.
News
January 09, 2025
(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 production declines later in the decade.
News
January 09, 2025
Energy NL has made a submission to the Government of Canada Gazette 1 consultation process, requesting that the federal government abandon its proposed 'Oil and Gas Sector Greenhouse Gas Emissions Cap Regulations.'
News
January 09, 2025
Elected officials and trade groups representing businesses across the supply chain are sounding the alarm over the Biden administration’s 11th hour decision to ban new oil and natural gas activity across millions of acres of federal waters.
News
January 08, 2025
Enverus has released its list of the most prolific 50 public oil and gas operators in the U.S. based on gross operated production last year. "Oilpatch mergers reshape rankings, but the Permian remains king," Enverus reported.
News
January 08, 2025
Pioneer Energy has been granted four awards by the U.S. DOE totaling $27 million. Pioneer will use the funds to advance its Emission Control Treater™ (ECT), a near-zero emissions well pad production technology that can increase crude yield by 5-10%.
News
January 08, 2025
(Bloomberg) – Oil companies declined to bid in a U.S. government auction to drill in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but difficult to develop.
