Remove 2026 Remove E&P Remove Exploration and Production
article thumbnail

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

Oil & Gas 360ยบ

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130
article thumbnail

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

Oil & Gas 360ยบ

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. times by year end 2026. million acres in Alberta.

Energy 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Global companies eye more US investment as Trump touts energy dominance

Oil & Gas 360ยบ

He has urged energy companies to boost fossil fuel production and promised to bring down prices for consumers. oil production to plateau by the end of this decade, an outlook echoed by Vicki Hollub, CEO of Occidental Petroleum Corp. It raised its 2026 forecast 300,000 bpd from a previous outlook, to 13.76 million bpd.

Energy 130
article thumbnail

Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360ยบ

Energy Information Administration expects crude oil production to rise to a new record average of 13.61 million bpd in 2026. Trump wants increased production because he wants lower energy prices and that stands in direct opposition to expanding investments in oil and gas. But there is an obvious problem here.

Energy 130