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Gas
Oil Exploration
Fresh Oil & Gas-Condensate Discovery Comes to Light in Namibia
Portugal’s oil and gas company Galp has found more light oil and gas-condensate in the second of up to four wells within its current exploration and appra…
Oil and Gas Equipment
FPSO Atlanta to Start Production off Brazil in Coming Days
Brazilian oil and gas company Brava Energia has received the authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to start produc…
Oil Price
South Africa’s Petrol, Diesel Pump Prices to Rise in January
South Africa's government said that the petrol pump price would increase by up to 19 cents a litre and the diesel price would rise by up to 10.50 cents a li…
Oil&Gas Drilling
PV Drilling Eyes Southeast Asian Oil and Gas Drilling Market
Petrovietnam Drilling and Well Service Corporation (HOSE: PVD) successfully exceeded its 2024 business targets, with all financial indicators significantly surp…
Natural Gas
Galp Finds Oil and Gas Condensate Offshore Namibia
Galp, together with its partners NAMCOR and Custos, has found more light oil and gas condensate in a well at PEL83 license offshore Namibia.The partners drilled…
Canada
Coelacanth Energy Eyes Tenfold Increase in Oil Production in 2025
"We believe we're going to be able to create significant value over the next three to five years," said Rob Zakresky, president and CEO of Coelacanth Energy…
Oil Price
UAE Petrol, Diesel Prices Remain Unchanged for January 2025
This stability follows months of declining fuel prices in 2024, with Super 98 petrol dropping from a high of Dh3.34 in May to the current rate of Dh2.61Petrol a…
Canada
Anaergia to Supply Organic Waste-to- Energy Solution to Pepsico in Colombia
Anaergia Inc. announced on Dec. 24 that its Canadian subsidiary, Anaergia DB Inc., has entered into an integrated technology supply contract with PepsiCo Alimen…
Natural Gas
Saipem’s Castorone en Route to Türkiye’s Largest Natural Gas Field for Pipeline Installation
Saipem’s pipelay vessel Castorone is on its way to the Black Sea where it will perform offshore pipeline installation for the second phase of Türkiye…
Oil Price
Oil Inches Lower in Thin Trade, Investors Eye China, US Data
Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to …
Oil&Gas Drilling
Very Few Changes in Drilling Activity of Oil/Gas Plays
The one oil play across the US with a gain in drilling activity in the past week was the Williston Basin, according to the most recent rig report from Baker Hug…
United States
New York Fires $75 Billion Shot for Big Oil to Foot the Landmark Climate‘Superfund’ Bill
As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution …
Crude Oil
Chinese Energy Giant Exceeds 20 Mln Tonnes of Oil, Gas Output in 2024
Shaanxi Yanchang Petroleum (Group) Co. (YCPC) in northwest China has achieved a major milestone in the country's energy sector, shattering its own productio…
Libya
Libya’s Oil Production Surpasses Annual Target
The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an add…
Oil Exploration
Kharabsheh Follows up on Achievements of Petroleum Exploration Projects
The Minister of Energy and Mineral Resources, Saleh Kharabsheh, reviewed the progress of priority initiatives outlined in the Economic Modernization Vision (202…
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