Namibia's Ambition to Become Oil Hotspot Tested by Wildcatter
It's still unclear how much oil Namibia has, and no discoveries have yet been declared commercial, though the government has estimated resources as high as 11 billion barrels.
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Oil Posts First Monthly Loss Since April
OPEC+ supply growth and slowing US economic outlook kept oil prices under pressure near $64 WTI.
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ATCO Gets Key Approval for Yellowhead Gas Pipeline Project in Alberta
The Alberta Utilities Commission certified the need for the Yellowhead gas pipeline project of ATCO's Canadian Utilities.
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Daenerys Discovery Is a Game Changer for Talos
'This is the company's largest discovery to date in the GoA', Wood Mackenzie Upstream Senior Research Analyst Miles Sasser said.
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Block Energy Completes Initial Injection in Georgia CCS Project
'This pilot injection paves the way for commercial engagement with industrial partners and carbon markets'.
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Karoon Reports Increase in 2P Reserves in Brazil's Bauna Project
The increase in 2P reserves reflects the acquisition of the Baúna floating production, storage and offloading vessel (FPSO), facility operating life extension, and 'better reservoir performance than anticipated'.
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How Much Crude Oil is in the USA Strategic Petroleum Reserve?
Just how much crude oil is in the U.S. Strategic Petroleum Reserve (SPR)?
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Industry Body Pays Tribute to Phil Kirk
'Phil was a tireless champion of the North Sea industry and was respected by everyone he worked alongside', OEUK Chief Executive David Whitehouse said.
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India Refiners Boost US Crude Buys
Indian refiners have stepped up their purchases of US crude after price drops, as Washington cracks down on the Asian nation for buying Russian barrels.
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Technip Energies, JGC Win Abadi LNG FEED Contracts
The Indonesian project aims to provide 9.5 million tons of LNG a year, along with an additional 150 million standard cubic feet of gas per day for domestic use.