Buccaneer Energy has completed a pilot program testing organic oil recovery (OOR) technology at its Pine Mills field in East Texas, reporting improved production and reduced water cut in the treated area.
The African Energy Chamber (AEC) is calling for stronger local content policies and inclusive investment practices as oil and gas activity continues to expand across the continent.
Saipem has reached an agreement on the main terms to acquire the seventh-generation drillship Deep Value Driller for $272.5 million, a move aimed at strengthening the company’s offshore drilling fleet.
Major oil producer Kazakhstan plans to commission a new refinery by 2033 to eliminate domestic fuel shortages and become a net fuel exporter, The Caspian Post reports, citing Vice Minister of Energy, Kaiyrkhan Tutkyshbayev.
Dangote Group has made significant strides in expanding its refinery and petrochemical operations with two major agreements, collectively worth $750 million.
Nigeria would be saving up to $10 billion annually in foreign exchange previously spent on fuel imports as Dangote Refinery sustains capacity production
Woodside Energy Group Ltd said Monday its proven and probable (2P) reserves grew last year, with three billion barrels of oil equivalent (Bboe) remaining at yearend.
Eni has announced a significant gas and condensate discovery at its Murene South-1X well in Block CI-501 offshore Côte d’Ivoire, confirming the broader potential of the Calao channel complex and marking one of the country’s largest hydrocarbon finds to date.
The OFAC issued general licences to Chevron, bp, Eni, Shell and Repsol for operating oil and gas projects in Venezuela.
An expected increase in US natural gas production will be driven by mainly by Appalachia, Haynesville, and Permian regions.