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

Oil & Gas 360ยบ

mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026. The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026. The company also strives to unlock the potential of the Orange Basin.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360ยบ

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times by year end 2026. Strong Credit Profile: Exceptional balance sheet with initial leverage of 0.9

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

Oil & Gas 360ยบ

million bpd in 2026. And a 2024 industry survey by the Federal Reserve Bank of Dallas showed that drillers require oil prices of between $59 and $70 to drill a new well, depending on the basin. Energy Information Administration expects crude oil production to rise to a new record average of 13.61 But there is an obvious problem here.

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