Block

Natural Gas
Lukoil Strikes Gas at a Caspian Structure, but Major Oil Prospect Proves to be a Mirage
Russian producer was hoping for a much-needed boost in oil reserves within large licence block in Russian sector of the Caspian Sea
Oil Exploration
Opportunities Still Exist in Kenya’s Oil, Gas Sector
Last week Kenya announced for sale 35 oil and gas exploration blocks mostly in the natural gas prone coastal Lamu Basin. This is an indication of revived upstre…
Crude Oil
Russian Banks' Exclusion from SWIFT to Hurt Indian Oil Companies
Sanctions and exclusion of Russian lenders from the SWIFT system, the most important international payment network, will hurt Indian state-run firms' abilit…
Oil Price
Oil Could Jump Back Above $100 as Traders Assess Russia SWIFT Ban
A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel as …
Crude Oil
Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise
Crude oil jumped while the rouble plunged nearly 30% to a fresh record low on Monday after Western nations imposed new sanctions on Russia for its invasion of U…
Oil Exploration
Namibia: TotalEnergies Makes Significant Discovery In Offshore Block 2913B
TotalEnergies said Thursday it has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Bas…
Crude Oil
After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’
Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil with associated gas on the…
Crude Oil
Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil
Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cl…
Energy Investment
Bill Gates’ VC Investment Firm Leads US$50m Injection into Thermal Energy Storage Startup
Thermal storage startup Antora Energy has raised US$50 million from a group of investment firms including Bill Gates’ Breakthrough Energy Ventures to accelerat…
Indonesia
Kuwait's Kufpec Discovers Gas, Condensate in Indonesia
Kufpec, the foreign upstream arm of Kuwait's state-owned KPC, today announced a gas and condensate discovery in the Anambas block in the Natuna Sea north of Ind…
Oil Field
TotalEnergies and Inpex Sell Shares in Mature Angolan Fields
French energy major TotalEnergies and Japanese player Inpex have agreed to sell a company holding two blocks located offshore Angola to an Angolan company as pa…
Oil Field
ExxonMobil Announces Two New Oil Discoveries In Guyana
ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recovera…
Crude Oil
Eni Oil Block Expected to Enter Production in Q2 2023, Ivory Coast Says
An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil …
Oil Exploration
QatarEnergy Enters Egypt Through Agreement with Shell
QatarEnergy has entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea.
Crude Oil
Production Starts at Angola’s Clov 2 Oil Project
Crude production has started at the Clov 2 project in block 17 offshore Angola, the second new deepwater development to come on stream in the west African count…

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Block

Lukoil Strikes Gas at a Caspian Structure, but Major Oil Prospect Proves to be a Mirage

Opportunities Still Exist in Kenya’s Oil, Gas Sector

Russian Banks' Exclusion from SWIFT to Hurt Indian Oil Companies

Oil Could Jump Back Above $100 as Traders Assess Russia SWIFT Ban

Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise

Namibia: TotalEnergies Makes Significant Discovery In Offshore Block 2913B

After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’

Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil

Bill Gates’ VC Investment Firm Leads US$50m Injection into Thermal Energy Storage Startup

Kuwait's Kufpec Discovers Gas, Condensate in Indonesia

TotalEnergies and Inpex Sell Shares in Mature Angolan Fields

ExxonMobil Announces Two New Oil Discoveries In Guyana

Eni Oil Block Expected to Enter Production in Q2 2023, Ivory Coast Says

QatarEnergy Enters Egypt Through Agreement with Shell

Production Starts at Angola’s Clov 2 Oil Project