While projects offshore Cyprus and Israel advance, Lebanon’s latest licensing round follows news that Eni, TotalEnergies, and QatarEnergy drilled a dry hole on Block 9 near the country’s maritime border with Israel.
Eni SpA (E) is around the middle of the Energy sector according to InvestorsObserver. E received an overall rating of 87, which means that it scores higher than 87% of stocks. Additionally, Eni SpA scored a 63 in the Energy sector, ranking it higher than 63% of stocks in that sector.
Despite escalating geopolitical risks, concerns over global demand have offset any price support, which, in turn, has affected the Zacks Oil and Gas – Exploration and Production – United States industry.
CALGARY – The industry group representing Canada’s oil and gas producers says capital investment in the sector will edge slightly higher in 2024.
About 1,068 oil and gas projects approved between 2022 and 2023 that are currently ongoing across the country are to attract a total of $22.8bn, the Federal Government announced on Wednesday.
The Nigeria Upstream Petroleum Regulatory Commission has said that about 1,068 oil and gas projects approved between 2022 and 2023 that are currently ongoing across the country are to attract a total of $22.8bn.
Canada’s Africa Oil Corp now says its earlier announced plans to pull out of Kenya’s Turkana oil project have hit fresh headwinds following delayed State approvals.
Oil and gas engineer Hunting has ridden the wave of continued oil and gas drive from supermajors to a near 30 per cent revenue uplift.
Denison Gas Ltd. has started a five-well drilling program to support production and reserves growth across its Denison North and South Project areas.
Gasoline may face a dwindling future if everybody starts driving electric cars. But the oil and gas industry has a backup plan for keeping its fortunes alive — the lucrative chemicals that can be made from petroleum.