Nigeria plans to more than double its oil and gas reserves by intensifying exploration, particularly in deepwater areas and underexplored basins. Minister of State for Petroleum Resources Heineken Lokpobiri outlined the ambition on Tuesday, November 10, at the opening of the 44th Annual Conference of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos. To […]
Paulino Jerónimo, chairman of ANPG, talks to The Energy Year about the results of Angola’s petroleum concession strategy, the 2026–2030 exploration plan, opportunities in the frontier Benguela and Namibe basins, the development of non-associated natural gas and renewed investor confidence in the country’s oil and gas sector. ANPG is Angola’s national concessionaire for the oil […]
Chevron Corp., Houston, could increase its exploration capital budget by more than $500 million in 2027 as executives look to capitalize on strong commodity markets and build on an organizational shuffle that has centralized and accelerated decision-making. Speaking after Chevron reported its third-quarter results, vice-chairman Mark Nelson told analysts that the company’s opportunities globally are […]
Petrovietnam plans to invest roughly US$14.23 billion in oil and gas exploration and production during 2026–2030, about 2.3 times the investment made in the previous five-year period, as it seeks to support double-digit growth and maintain domestic energy supplies. The group will prioritise its core exploration and production (E&P) activities, including reserve replacement, production from […]
Deputy Prime Minister and Foreign Minister (DPM/ FM) Senator Mohammad Ishaq Dar on Wednesday chaired a meeting to review the progress of the exploration and production activities in the oil and gas sector
TotalEnergiesand Kuwait Oil Company have signed a memorandum of understanding to strengthen technical cooperation and advance studies related to potential exploration opportunities in Kuwait.
Aizawl, Feb 2 (PTI) Mizoram Chief Minister Lalduhoma on Monday said efforts are being made to expedite the exploration of natural gas and oil in the state.
GNPC Explorco, the exploration subsidiary of the Ghana National Petroleum Corporation (GNPC), is gearing up for a major milestone in the country’s energy sector with the upcoming operations in the Voltaian Basin.
Cybele Energy, a Ghana-based independent oil and gas company, has announced plans to immediately begin exploration activities on its shallow-water offshore Block S7 in Guyana, days after signing a production-sharing agreement (PSA) with the South American country’s government.
Exxon Mobil Corp has signed an agreement to acquire 60 percent in Block 2 in the Ionian Sea, paving the way for drilling in Greece’s “most mature concession”, operator Energean PLC said.