(WO) – Petrobras has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploration well on concession POT-M-762_R15. The 1-BRSA-1390-RNS (Anhangá) well is offshore between Ceará and Rio Grande […]
(WO) – DNV reveals a resilient optimism within the oil and gas sector, despite prevailing caution. According to DNV’s annual “Industry Insight” survey, 73% of senior oil and gas professionals express confidence in the industry’s […]
U.S. supermajor Chevron has quit operations in Myanmar by transferring its stake in a natural gas field and an associated pipeline to its former partners in the ventures, after pledging to leave the Southeast Asian […]
Even after a record $200 billion dealmaking frenzy last year, US oil and gas producers haven’t consolidated nearly enough. On a-per-barrel basis, there are still too many companies, too many chief executives, and too many […]
(WO) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, has released a new report highlighting the organization’s view that it does not expect global oil demand to peak or plateau by the end of […]
April 10 (Reuters) – Oil prices settled up $1 on Wednesday after three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip, feeding worries that ceasefire talks might stall. […]
Pantheon Resources plc has upgraded the estimate of recoverable marketable liquids at its Kodiak Field asset in Alaska’s North Slope by 25 percent. An updated report from Netherland, Sewell & Associates (NSAI) on the Lower […]
The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has revealed the notice of availability of the area identification (Area ID) for the three proposed Gulf of Mexico (GOM) oil and gas lease sales during […]
This marks the second discovery in the Potiguar Basin in 2024, following the Pitu Oeste Well, which is 24km from Anhangá. Petrobras has announced the discovery of oil deposits in the ultra-deep waters of the […]
Occidental Petroleum said on Wednesday production is expected to commence in the coming days in the eastern Gulf of Mexico (GOM) after some operations were shut for about five months. In November, the company had […]
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