U.S. oilfield services firm Baker Hughes said it sees a significant revenue opportunity in Venezuela as sanctions constraints ease and payment mechanisms improve, opening the door for expanded activity in the country’s oil sector, according to comments reported by Reuters on Monday.
Venezuela expects fresh oil investments of some $1.4 billion this year, which would be up from $900 million last year, interim president Delcy Rodriguez said, as quoted by Reuters.
Santos Ltd and its partners have shipped the first cargo from the Darwin LNG life extension project in Australia’s Northern Territory.
Canada and India will pledge to expand trade in oil and gas as the countries reboot their relationship after a diplomatic chill.
Kazakhstan’s largest oil producer is preparing to resume output at the giant Tengiz field, a further step to normalize the nation’s supply to global markets after a series of disruptions in recent months.
XRG will increase its equity position in the Rio Grande LNG export project in Texas, expanding its exposure to one of the world’s largest LNG developments and strengthening its North American gas portfolio.
Dana Gas and Crescent Petroleum, together with partners in the Pearl Petroleum consortium, have signed a series of long-term gas sales agreements to supply industrial customers in the Kurdistan Region of Iraq, marking a key step toward commercial development of the Chemchemal gas field.
Nigeria National Petroleum Company Limited and Chevron Nigeria Limited, through their joint venture NNPCL/CNL JV, have made an oil discovery in the Awodi-07 offshore well in Nigeria’s Niger Delta, the companies announced on Friday.
GOIL PLC, the nation’s foremost indigenous and largest oil marketing company, has formally handed
over two renovated offices to the Department of Sociology at the University of Ghana, reaffirming the
company’s commitment to supporting quality and accessible education as part of its Corporate Social
Investment (CSI) agenda.
Kosmos Energy Ltd. (NYSE:KOS) announced Monday that it is extending the Early Tender Time and Withdrawal Deadline for its cash tender offer of up to $250 million aggregate principal amount of its outstanding 7.750% Senior Notes due 2027. The company stated that the new deadline for noteholders to submit tender instructions and remain eligible to receive the total consideration is now 5:00 p.m., New York City time, on January 28, 2026, moved from the previous deadline of January 26, 2026.