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With her hair pulled back into a tight ponytail, her arms and legs covered with 20 tattoos, and her compact frame fitted out in athleisure, Crystal Smith, the elected chief [...]

The yields on new 10 year Government Stock were trading 13 basis points higher at 6.84% from its previous close of 6.71% on Wednesday Bond yields traded higher on Thursday [...]

Byline: Emmanuel Agbo The groups condemned the invitation extended to some select Ogoni leaders from the region by the National Security Adviser, Nuhu Ribadu, to attend a private meeting in [...]

Byline: Jillian Ambrose BP's technology could one day be used to drill on Mars or the moon after it struck a deal with US space agency Nasa. Under the terms [...]

The oil industry is pushing the limits of offshore exploration with plans to drill a record-setting deepwater well in Colombia within months. Occidental Petroleum Corp. and Ecopetrol SA are gearing [...]

Byline: Jonathan Leake The Falkland Islands is poised to approve a vast oil field in its waters in a diplomatic challenge to the UK and the Energy Secretary Ed Miliband's [...]

Turkey is planning to expand its influence in Africa and ensure its energy security The 86meterlong Turkish research vessel Oruc Reis will set sail for offshore oil blocks belonging to [...]

Colombia's oil industry is set to push the boundaries of offshore exploration with plans to drill the world's deepest offshore oil well in the coming months. Occidental Petroleum Corp and [...]

Yacimientos Petrolferos Fiscales Bolivianos has announced plans to invest approximately $400 million in the development and exploration of a newly discovered oil system. The investment includes the construction of facilities [...]

Prime Minister Shehbaz Sharif has constituted an 18-member high powered committee headed by Deputy Prime Minister Ishaq Dar to finalise the plan to attract $5 billion investment in the oil [...]

AUSTIN, Texas: Laredo Oil, Inc. has issued the following news release: Laredo Oil, Inc. ('Laredo Oil') (OTC Pink Sheets: LRDC), announces that Hell Creek Crude, LLC, a wholly-owned subsidiary of [...]

AUSTIN, Texas, July 3, 2024 /PRNewswire/ --Laredo Oil, Inc. ('Laredo Oil') (OTC Pink Sheets: LRDC), announces that Hell Creek Crude, LLC, a wholly-owned subsidiary of Laredo Oil ('HCC'), has reached [...]

Oil drilling in Florida has been around since 1943 when it was discovered in Southwest Florida. 81 years later, more than 120 million barrels of oil have been produced from [...]

Stockholm: Tethys Oil AB has issued the following news release: Tethys Oil has, through its wholly owned subsidiary, achieved a significant milestone in its exploration and appraisal activities by submitting [...]

BW Energy has now concluded the drilling and the logging of the DHIBM-7P pilot well, confirming a substantial oil discovery with good reservoir quality and a material uplift to the [...]

French oil major TotalEnergies is moving to invest $600 million to strengthen exploration and production activities in the Republic of Congo in 2024, snubbing the Nigerian oil and gas sector [...]

Oslo: BW Energy Limited has issued the following news release: BW Energy: Substantial oil discovery made on the northern flank of the Hibiscus field BW Energy is pleased to announce [...]

Oslo: Panoro Energy ASA has issued the following news release: Panoro Energy ASA ('Panoro' or the 'Company') is pleased to announce that the DHIBM-7P pilot well has successfully made a [...]

(GlobeNewswire) - BW Energy: Substantial oil discovery made on the northern flank of the Hibiscus field BW Energy is pleased to announce a substantial oil discovery with good reservoir quality [...]

Kazakhstan is set to sink 80 exploration wells across various sites this year, said Vice Minister of Energy Askhat Khasenov on April 25 to Kazinform news agency. This initiative aims [...]

Oil India announced its first-ever global partner roadshow: Confluence: Where Energy and Opportunity Converge. This landmark event is scheduled to take place on 28 February 2024, in Abu Dhabi, UAE [...]

Deputy Prime Minister Tran Hong Ha has signed a decision approving a plan to implement the National Energy Master Plan for the period of 2021 - 2030, with a vision [...]

HO CHI MINH CITY, Vietnam -- The following information was released by the Government of Vietnam: The plan aims to ensure effective implementation of the National Energy Master Plan, figures [...]

Mitsui & Co. has announced plans to invest in the Block B Project in Vietnam in a bid to bolster its natural gas business. The Japanese trading giant, through its [...]

Kable: Offshore Technology has issued the following press release: Mitsui & Co. has announced plans to invest in the Block B Project in Vietnam in a bid to bolster its [...]

What's happened? On March 7th Somalia and Turkey signed an agreement to develop Somalia's oil and gas resources. The agreement will facilitate the operation of Turkish companies in both offshore [...]

Independent upstream explorer Invictus Energy will move ahead with plans to carry out appraisal drilling and seismic surveys on its Mukuyu discovery in Zimbabwe. Invictus Energy will undertake a well [...]

Kable: Offshore Technology has issued the following press release: ExxonMobil has initiated arbitration proceedings to assert its pre-emption rights in the Stabroek oilfield offshore Guyana. The move could potentially obstruct [...]

According to Magzum Mirzagaliyev, the chairman of the management board of KazMunayGas (KMG), Kazakhstans oil potential might be expanded at the expense of large new oil fields. As he noted, [...]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is in discussions with TotalEnergies on its plan to focus on its offshore operations in Nigeria, the commission has said. In a note [...]

Byline: Manuel Rueda Contributor Abstract: Venezuela is escalating a land dispute with neighboring Guyana - but threats may have more to do with internal politics than territorial expansion. Venezuela's President [...]

New York: Offshore Technology has issued the following press release: Europa Oil & Gas, a UK and Ireland-focused exploration, development and production company, has announced the extension of Phase 1 [...]

Nairobi, Jan. 26 -- Tullow Oil plans to retain its annual spending on Kenya's oil project at Sh1.6 billion ($10 million), pointing to a sustained interest in the project that [...]

Harbour Energy has budgeted higher capex this year (about $1.2 billion) for its worldwide offshore E&P and other projects. Of this, $200 million applies to decommissioning. The company is pursuing [...]

Riga, Latvia: Competition Council of the Republic of Latvia has issued the following news release: ViGo Baltics Upstream BV is part of the global group of Vitol Holding II SA [...]

The Iraqi Minister of Oil, Hayan Abdul-Ghani, confirmed on Wednesday that the ministry is working on projects to increase oil production according to a five-year plan aiming to reach a [...]