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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026.

E&P 130
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360ยบ

times by year end 2026. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent. Strong Credit Profile: Exceptional balance sheet with initial leverage of 0.9

Energy 130
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Global companies eye more US investment as Trump touts energy dominance

Oil & Gas 360ยบ

On Monday global Brent crude futures settled under $70 a barrel as investors worried a trade war would slow economic growth. million barrels per day, up 200,000 bpd from last months forecast. It raised its 2026 forecast 300,000 bpd from a previous outlook, to 13.76 Oil prices hit a three-year low in early March. million bpd.

Energy 130
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Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360ยบ

million barrels per day (bpd) in 2025 and climb further to 13.76 million bpd in 2026. producer OXY Energy Services warned that oil prices below $60 a barrel would likely force small drillers to reduce activity. oil prices are currently around $68 a barrel. But there is an obvious problem here. The CEO of U.S.

Energy 130