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Tanzania Plans to Launch Its First Oil and Gas Bid Round in Over a Decade

OilPrice

Tanzania plans to launch in May its fifth oil and gas licensing round for 26 exploration blocks in what will be the East African countrys first such bidding round since 2014.

Oil 270
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Alberta Discuses Heavy Oil Sales With Large Overseas Buyer

OilPrice

Albertas Premier Danielle Smith has discussed potential overseas sales of Alberta-owned heavy oil with a global oil and petrochemical firm, the Canadian oil-producing province said this week. Given the significant volume of conventional

Oil 274
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OPEC+ Ships Record Fuel Volumes, Offsetting Some Crude Supply Curbs

OilPrice

The major oil producers in the Middle East are exporting record volumes of refined petroleum products, reducing the overall impact of their crude production cuts on the market, Reuters reports, citing flow-tracking data and analysts. This has likely negated part of the potential bullish

Crude Oil 285
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PowerTap, Andretti Group Partner to Expand Hydrogen Fueling Network

NGT News

says PowerTap Hydrogen Fueling, its investee company, has executed a definitive agreement with Humboldt Petroleum Inc., Peninsula Petroleum LLC and Colvin Oil I LLC (collectively, the Andretti Group) to install PowerTap’s modular hydrogen fueling stations this year. Clean Power Capital Corp. – […].

Petroleum 241
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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

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Nile Petroleum Company Reports Significant Achievements in 2024

Egypt Oil & Gas

The regular general assembly of Nile Petroleum Company was chaired by Salah Abdel Kerim, Chairman of the Egyptian General Petroleum Corporation (EGPC), and was held in the presence of leaders from the Ministry of Petroleum and Mineral Resources and heads of contributing companies to review the companys performance for 2024.

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Evolution Petroleum acquires oil, gas assets in Chaves, Roosevelt counties in NM

Permian Basin Oil and Gas Magazine

Houston-based Evolution Petroleum said last week it agreed to acquire non-operated oil and natural gas assets in New Mexico and Louisiana for $9 million. The acquisition extends Evolutions asset portfolio with about 440 boed of net production (60 percent oil, 40 percent natural gas). Closing is expected in 3Q.