International Petroleum Corp. (IPC) has achieved first oil at Phase 1 of its Blackrod thermal oil sands project in Alberta, with production beginning ahead of schedule and on budget.
The Ghana National Petroleum Corporation (GNPC) is seeking strategic partners to help develop the Volta Basin, a vast onshore sedimentary basin estimated to hold more than 11 billion barrels of oil equivalent resources.
Global Oil Giants Knocking Ghana’s Doors for Oil Blocks, But Slow Review of Sector Laws Barring Them
Dr. Kwabena Donkor warns that delays in reviewing Ghana’s petroleum laws are deterring major oil investors, including Chevron and ExxonMobil. He urges urgent reforms to restore competitiveness, attract upstream investments, and reclaim leadership from Côte d’Ivoire.
The U.S. and Iran say they have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and potentially ending a conflict that disrupted global energy markets and raised concerns over oil supplies.
PetroSA is looking to extend the life of its FA Platform, the fixed offshore gas and condensate production facility off Mossel Bay.
In a blog posted on its website on Monday, GasBuddy highlighted that U.S. gasoline prices had fallen for four straight weeks but warned that “the streak may be in danger”.
ABB has been awarded a contract to modernize automation and safety control systems on the Buzzard offshore platform, supporting continued operations at one of the UK’s largest producing oil fields in the North Sea.
TGS has signed an agreement with Equatorial Guinea’s Ministry of Hydrocarbon and Mining Development to create the country’s first offshore large-scale multi-client seismic dataset, the company said on Wednesday.
Chevron Corp. and two other major Argentine shale producers will sign contracts this week to supply a natural gas liquids project, a move that all but assures the $3 billion plan goes ahead, according to people familiar with the matter.
EnQuest has agreed to acquire interests in four offshore production-sharing contracts (PSCs) in Malaysia for up to $833 million, a transaction that will significantly expand the company’s production, reserves and presence in Southeast Asia.