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

Oil & Gas 360ยบ

These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026. Algerias Sonatrach will increase hydrocarbon production by 2.5%

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

Oil & Gas 360ยบ

. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. times by year end 2026. Under the terms of the Agreement, Veren shareholders will receive 1.05

Energy 130
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Energy Transfer: Capitalizing on Permian Growth and Expanding Global Energy Exports

Oil Gas Leads

oil and gas production , with Energy Transfer reporting a 9% increase in legacy Permian throughput in 2024. This investment includes: New processing plants such as the Badger Plant (200 MMcf/d capacity, Delaware Basin, online mid-2025) and the Mustang Draw Plant (275 MMcf/d, Midland Basin, online H1 2026). Phase 1 (1.5 Long, Co-CEO 2.

Energy 52