Exploration
News
June 29, 2022
Environmental groups sued the Biden administration to block its revival of plans to allow new oil drilling on public land in western states.
News
June 10, 2022
Shell Plc is set to receive two final offers this week for its onshore oil and gas fields in Nigeria, according to people with knowledge of the matter.
News
June 02, 2022
African hydrocarbon producing countries are increasing oil and gas licensing rounds to be able to stabilize supply of hydrocarbons in years to come to meet growing energy demand as output in legacy projects declines.
News
May 25, 2022
Invictus Energy is currently planning its maiden drilling campaign in the Cabora Bassa Basin in Zimbabwe which is estimated to commence in July, said Scott Macmillan, Managing Director of Invictus Energy.
News
May 25, 2022
Petrodel Resources Ltd., oil and gas reserves development and energy company, has announced its intention to revive its operations in Tanzania.
News
May 09, 2022
Apex International Energy announced the Fajr-8 development well was tested at a daily rate of 2,440 barrels of oil and negligible water.
News
May 04, 2022
Greenfield investments in Angola and other leading and emerging hydrocarbon producing countries in Africa will help increase cumulative capital expenditure across the continent’s oil and gas sector in 2022 and beyond.
News
April 18, 2022
Iraq’s cabinet may reactivate a deal with Halliburton Co. to drill wells in a western gas field in Akkas next month, Oil Minister Ihsan Abdul Jabbar told local media.
News
April 13, 2022
A new joint venture between EnerMech and Oil & Gas Proserv, an affiliated company of Nobel Energy Group in Azerbaijan, has secured its first two contracts in the region totaling $3 million.
News
February 24, 2022
In a bid to ramp-up exploration and production to achieve this objective, Niger is making its regulatory and fiscal environment conducive for oil and gas energy market players.
News
February 22, 2022
Iraq is in talks with Halliburton Co. and Saudi Arabia’s Aramco to carry out oil and gas developments in the west of the country.
News
February 20, 2022
Permits to drill for oil and gas on U.S. public land will be delayed after a federal judge ruled against the Biden administration’s estimates of the social costs of greenhouse gas emissions.
News
February 02, 2022
The final investment decision taken on Lake Albert Resources Development Project is the second-largest FID taken in the oil and gas industry in the last two years, said an oil and gas analyst at GlobalData.
News
February 01, 2022
TotalEnergies and its partners reached a final investment decision worth over $10 billion to produce Uganda’s oil discoveries and build a pipeline that will turn the country into a significant crude exporter.
News
January 14, 2022
The Eagle Ford shale in South Texas, long overlooked compared to its larger cousin the Permian basin, saw its biggest one-week jump in drilling activity in more than two years as explorers look for growth beyond the world’s biggest shale patch.
News
January 10, 2022
Canadian Overseas Petroleum Limited, an international oil and gas exploration, production and development company with operations focused in Wyoming, USA, announced a significant conventional light oil discovery at its Wyoming asset.
News
January 10, 2022
Enterprise Products Partners LP agreed to buy Navitas Midstream Partners LLC from Warburg Pincus LLC for $3.25 billion in cash to add natural gas pipeline and processing assets in the Permian Basin, the world’s most prolific shale basin.
News
December 08, 2021
Buoyed by high oil prices, the bosses of the biggest explorers this week laid out a vision for the energy transition that hinges on more fossil-fuel investment rather than less.
News
December 07, 2021
A day after Halliburton Co. warned of an imminent oil shortage, larger oilfield rival Baker Hughes Co. offered a sunnier outlook.
News
December 07, 2021
Halliburton Co., the oil industry's largest frac services provider, warned that the world is headed into a period of scarcity for oil after seven years of underinvestment following crude’s plummet from $100 a barrel in 2014.