The US and Iran exchanged fresh strikes overnight into Monday as they continued their tit-for-tat attacks while issuing conflicting declarations over whether the Strait of Hormuz was open to shipping. US Central Command said American forces carried out a new round of attacks to degrade Iran’s ability to threaten shipping in the narrow waterway. Dozens […]
During President Donald Trump’s first term, the U.S. Bureau of Land Management approved a plan to make 725,500 acres of federal public lands and mineral estate available for oil and gas leasing in the Bay Area and Central Coast. The counties of Monterey and Santa Cruz, alongside environmental groups, argued the decision failed to consider meaningful alternatives and disclose environmental impacts, leading to a lawsuit in 2020.
Chevron Technical Center and ZL Chemicals have signed a technology licensing agreement that will allow ZL Chemicals to commercialise Chevron-developed chemical surfactant technology for EOR applications, Chevron announced on Wednesday.
Kosmos Energy Ltd. (NYSE:KOS) is one of the Best Penny Stocks to Invest In According to Billionaires. Recently, on June 23, Bank of America Securities initiated a Sell rating on Kosmos Energy Ltd. (NYSE:KOS) with a price target of $1.46. Overall, the Street remains bullish on the stock, with analysts’ 12-month price target suggesting more than 60% upside from the current level.
Behind-pipe work at GA-10A and GA-93 increased Vienna Basin production from roughly 150BOEPD to 220BOEPD. With additional output from the Anshof field in Upper Austria, ADX’s net Austrian production now stands at about 285BOEPD.
India’s ONGC plans to build up a strategic national reserve of crude totalling 1.75 million tons, or 12.8 million barrels. The company would also ask the government to allow the commercial use of the stockpile, Reuters reported.
Halliburton has completed what it says is the industry’s first deployment of integrated closed-loop rig automation and managed pressure drilling (MPD) on a deepwater exploration well with Eni offshore Indonesia, marking a milestone for automated drilling operations in the Asia-Pacific region.
The Group Managing Director and Chief Executive Officer (GMD/CEO) of Royal Exchange Plc, Mrs. Idu Okeahialam, has said that a broader strategy and stronger collaboration between operators in the oil and gas industry and insurance sector will lead to greater success in local content implementation and digital transformation.
Cameroon expects oil and gas production activity to contract sharply in 2027, highlighting the growing pressure on one of the country’s key extractive industries before new projects are expected to come online.
The Chief Executive Officer (CEO) of Petralon Energy, Ahonsi Unuigbe, has said that. Nigeria’s oil and gas sector is moving beyond policy design and into implementation.