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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. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.

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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%

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Gastech Days I & II: Energy transformation through innovation

Oilholics Synonymous Report

The first two days of Gastech 2024 have flown by with talking points aplenty and a who's-who of the energy industry in Houston at the city's George R. Bush got things going on Monday night by highlighting his state and country's achievements in the global energy sphere at the Gastech pre-event gala dinner. Brown Convention Center.

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Room at the Top - NYMEX Leads the Way on WTI Futures Contracts, But There's Room for More

RBN Energy

crude oil market has undergone a drastic shift since the Shale Revolution. After a quarter-century of declining production and increasing dependence on imported oil, the U.S. into a major exporter and a critical supplier to the international market and also led to an evolution in crude oil trading.

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How Natural Gas is Formed: The Origins of Our Energy Source

True Natural Gas

Natural gas is one of the most important energy sources powering homes, businesses, and industries worldwide. It fuels electricity generation, heats buildings, and serves as a key ingredient in many everyday products. The Importance of Natural Gas Today Natural gas is a crucial part of the global energy mix.

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30% of Ghanaโ€™s crude oil consumption purchased through Gold for oil programme โ€“ Lands Minister

Reporting Oil and Gas

Mahamudu Bawumia for the successful implementation of the Gold for Oil Policy, hailing it as a pivotal strategy that stabilized the local currency and alleviated fuel costs. The government’s investment in exploring green minerals like graphite, manganese, and bauxite was also emphasized to support the green energy transition.

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Upstream Midstream Downstream โ€“ What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?