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Romanian Investors Eye Egyptian Oil, Gas Sector

Egypt Oil & Gas

Three Romanian companies intend to compete for the investment opportunities offered by the Ministry of Petroleum and Mineral Resources (MoPMR) for crude oil and natural gas exploration operations. The post Romanian Investors Eye Egyptian Oil, Gas Sector first appeared on Egypt Oil & Gas.

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

(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.

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Indonesia to Build Refineries with Total Capacity of 1 mmbbl/d

Egypt Oil & Gas

The Minister of Energy of Indonesia Bahlil Lahadalia announced that the country is to build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day (mmbbl/d) increasing from 500,000 b/d, Reuters reported.

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Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. The price of West Texas Intermediate (WTI) crude oil closed the quarter at $71.72 Natural gas prices also saw strong growth, with Henry Hub natural gas averaging $14.17

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Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. How did this happen?

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

Oil & Gas 360º

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. The combined company will continue to pay Whitecap’s annual dividend of $0.73

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

Oil and Gas Basins: Growth, Challenges, and 2025 Outlook Permian Basin (Texas & New Mexico) The Undisputed Leader 2023-2024 Overview The Permian Basin has remained the most important oil-producing region in the United States, supplying nearly 46% of the nations crude oil output in 2024. 2024 Production: 6.3

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