U.S. Bureau of Land Management lease sales across Colorado, Nevada and Utah generated $64.8 million in total revenue, reflecting continued interest in federal onshore acreage. The agency leased 136 parcels covering 131,121 acres during its latest quarterly sale, with revenue distributed between federal and state governments. Utah accounted for the majority of proceeds, generating $56.4 […]
ABL has entered into a two-year master services agreement with Maridive & Oil Services to provide marine assurance and risk support for offshore vessel operations.
Electromagnetic Geoservices (EMGS) has agreed to sell its core geoservices business to Riggs Capital in a transaction valued at up to $2.5 million, marking a major shift for the offshore exploration technology company.
Liberty Energy Inc. has raised $525 million through a private offering of 0.00% convertible senior notes due 2032, marking its second such financing move this year as the company looks to maintain financial flexibility.
INPEX has extended its strategic collaboration with PT Pertamina (Persero) while signing a new upstream agreement with its subsidiary PT Pertamina Hulu Energi, reinforcing its position in Indonesia’s oil and gas sector. The agreements center on advancing the Abadi LNG project in the Masela Block, where INPEX is the operator. The company said the […]
Trillion Energy International is pursuing a potential sale of its stake in a Black Sea natural gas project while advancing new exploration activity in Türkiye, according to a corporate update released alongside its annual shareholder meeting.
The Minister for Energy and Green Transition, John Abdulai Jinapor, has revealed that he convened a strategic meeting with key stakeholders in Ghana’s upstream petroleum sector to align priorities and refine plans for the period ahead.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by a staggering 10.263 million barrels in the week ending March 27. In the week prior, US crude oil inventories rose by 2.3 million barrels. Analysts had expected a draw of 1.3 million barrels in the current reporting period.
Crude oil production by OPEC members dropped by 7.2 million barrels daily last month, according to a Reuters survey using data from platform LSEG and analytics information providers, including Kpler, the publication reported.
The Endangered Species Committee, a little-used panel of U.S. senior federal agency leaders, voted on Tuesday morning to exempt oil and gas drilling in the Gulf of America/Gulf of Mexico from sweeping endangered species protections, citing reasons of national security.