(WO) – Reconnaissance Energy Africa Ltd. announced an operations update. ReconAfrica continues to pursue activities as it prepares to start a multi-well drilling campaign in 2024.
The Chamber of Petroleum Consumers (COPEC) and the Institute for Energy Security (IES) have urged the National Petroleum Authority (NPA) to shut down the Chinese Sentuo Oil Refinery over alleged illegal operations.
Despite growing support for nuclear energy and significant government investment, the U.S. grapples with the dilemma of managing highly radioactive nuclear waste.
Proposed solutions include consolidating nuclear waste storage facilities in the Permian Basin to reduce costs but face opposition from the oil and gas industry.
Socioeconomically struggling communities in Southeastern New Mexico view hosting nuclear waste storage facilities as a potential economic boon, while industry leaders express concerns over the impact on oil and gas production.
Minister of Energy Dr. Matthew Opoku Prempeh has led a delegation of energy sector officials in the upstream petroleum sector to Trinidad and Tobago to gain insights into best practices, explore advanced technologies and identify potential partnerships.
Years after an end to the oil and gas wars was declared in Colorado, the fight is fueling back up.
A group against fracking in Ohio’s state parks filed an emergency stay this week. The group is asking a Franklin County judge to issue an emergency order to stop the Ohio Oil and Gas Land Management Commission from awarding bids on several fracking projects.
The floating liquefied natural gas (FLNG) vessel for a Mauritania-Senegal project of BP PLC has arrived at its destination on the maritime border of the two countries, the British energy giant said.
The average U.S. diesel price is down compared to a year ago, according to the AAA gas prices website
The Producer Price Inflation (PPI) rate for January 2024 stood at 17.4%, higher than the 16.6% recorded in December 2023.
Last year, Saudi Arabia’s sovereign wealth fund became the world’s top spender, accounting for a quarter of the $124 billion that sovereign wealth funds invested in total.
Saudi Arabia has been spending heavily both abroad and at home—the home of the world’s megaprojects, such as the $500-billion futuristic Neom project and a whole new airline, among others.