Empire Petroleum Corp. has completed a 21,006-ft re-entry and subsurface evaluation of the Wakefield-Harrison GU B #1 well in Madison County, Texas, advancing its deep-gas development program in the emerging Western Haynesville play. The company re-entered the legacy well, originally drilled in 1959 and subsequently deepened twice, and drilled, underreamed and cleaned out the wellbore to 21,006 ft measured depth […]
Gulf Marine Services (GMS) has secured a 183-day contract extension for one of its Small-class self-elevating support vessels operating in the Middle East, extending work for a major national oil company. The extension was awarded under an existing agreement and will allow the vessel to continue supporting the operator’s offshore maintenance activities without interruption. The contract […]
China has pledged to increase its domestic oil and gas supplies to 440 million tons of oil equivalent, while expanding its long-distance pipeline network by an additional 20,000 kilometers, bringing the national total to 220,000 kilometers by 2030. These targets, unveiled on Monday by the National Development and Reform Commission (NDRC) and the National Energy […]
A Ghanaian energy company has raised more than half a billion dollars to fund ongoing natural gas-based power projects and pursue new opportunities in West Africa. Genser Energy secured a €456 million ($527 million) credit package arranged by three of South Africa’s top banks First Rand Bank, Absa and Standard Bank, company founder and CEO […]
Chevron said on Monday it had discovered oil and gas condensate at an exploration well in Block 0, offshore Angola, adding to its push to increase production in sub-Saharan Africa through infrastructure-led exploration, Reuters reported.
Arrow Exploration has acquired a 100% working interest in an oil property in Alberta’s Thorsby area from an undisclosed seller for approximately USD 8.9 million, the company announced on Thursday.
YPF, Eni and XRG have submitted their $51 billion Argentina LNG project for approval under Argentina’s Large Investment Incentive Regime (RIGI), advancing plans to develop Vaca Muerta natural gas for large-scale LNG exports.
Ghana National Petroleum Corporation (GNPC) and its subsidiaries recorded revenue of $1.64 billion in 2025, up 3.66% from $1.58 billion a year earlier, as the state oil company stepped up efforts to stem declining crude production and bring new petroleum resources into development.
Petrobras has identified hydrocarbons in a deepwater exploratory well off the coast of Amapá in northern Brazil, the company announced on Friday.
Philippine President Ferdinand Marcos Jr. said Friday there is a “distinct possibility” that the Philippines and China could undertake joint oil and gas exploration in the South China Sea, amid recent confrontations between the two countries in the South China Sea.