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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

Oil 130
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AI in Oil and Gas โ€“ A Game-Changer for Efficiency and Profitability

Aresco

AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. AI-Driven Exploration: Unlocking New Potential Oil and gas exploration has always been a high-stakes endeavor, requiring extensive research, testing, and investment.

Oil 52
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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. million acres in Alberta.

Energy 130
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Valor | Energy Connection โ€“ Mar. 10, 2025

Valor

Pennsylvania is considering leaving the PJM regional grid to expedite projects, while states like Indiana, Michigan, and Louisiana explore nuclear energy, and Missouri and Kansas compete to attract investments in natural gas plants. dry gas production rose 2.1% Read more U.S. Read more U.S. per barrel (up 1.22%) and Brent at $70.41

Energy 52
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Oil and Gas โ€“ Unburdened by What Has Been

Aresco

As the transition period unfolds, industry leaders are preparing for a pro-energy administration that prioritizes domestic production, balanced regulation, and strategic infrastructure investments. crude oil production became number one in the world , surpassing Saudi Arabia and Russia. In 2018, U.S. In 2018, U.S.

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