Middle Eastern buyers are seeking LNG cargoes from Canada to diversify supply and hedge against geopolitical disruption affecting key shipping routes, Reuters reported on Friday.
On the night of 8-9 August, Russian forces launched a massive attack on production assets and a drilling site of Ukrnafta, a Ukrainian state-owned oil and natural gas extraction company.
Minister for Petroleum Ali Pervaiz Malik has said the government is committed to strengthening energy security, accelerating oil and gas exploration, attracting investment and ensuring transparency in the petroleum sector as Pakistan seeks to reduce its heavy reliance on imported energy.
The Sabah government will acquire a 30 per cent stake in two new oil and gas fields on the state’s east coast, said Sabah Chief Minister Datuk Seri Hajiji Noor.
The Global Extractive Industries Transparency Initiative validation team has arrived in Nigeria to assess the country’s progress in improving transparency and accountability in the oil, gas and mining sectors.
New data from Statistics Canada shows Canada’s energy sector posted broad-based growth this spring, led by record crude oil production and stronger oil sands output as global demand and higher prices supported increased production.
The governments of Tanzania and Uganda on Thursday signed a non-binding agreement with the Bahrain unit of global commodities trader Vitol to develop a regional energy hub at the Port of Tanga, Tanzania.
West Africa-focused Tullow Oil (TLW.L), opens new tab forecast annual production at the higher end of its forecast range on Wednesday and raised its free cash flow projection, encouraged by strong performance at its Ghana fields and better-than-expected oil price realisations.The company has been reshaping its business around Ghana by selling assets in Gabon and Kenya and […]
Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the second quarter of 2026. For the quarter, the Company generated net income of $185 million, or $0.31 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net […]
Researchers from ExxonMobil Technology and Engineering Company and ExxonMobil Upstream Company have developed a machine learning based gas-lift optimization workflow for unconventional fields that has demonstrated the potential to increase oil production while improving the efficiency of artificial-lift operations.