Search results for Oil & Gas

Oil India strikes natural gas in third Andaman offshore well

State-run Oil India Limited (OIL) has announced the discovery of natural gas in its third exploratory well, Vijayapuram-3, located off the Andaman Islands. This finding further str...

CPC eyes oil, gas procurement for Q4

Upstream oil and gas producers to shine in Q4, but OMCs and gas distributors face profit squeeze

Oil producers anticipate robust earnings for the March quarter due to soaring crude prices. Conversely, fuel retailers and city gas firms face weaker results. Higher crude oil pric...

PetroEnergy sees oil drilling in Africa finished this year

YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) said it expects to complete its drilling campaign in offshore Gabon, West Africa, later this year, aiming to increase oil field pro...

OAG360 Past Prologue Series: Oil is managed by policy, gas is managed by physics

(Oil & Gas 360) By Greg Barnett, MBA – (Part 4 of 6) – One of the persistent analytical errors in […]

Oil India discovers gas near east cost of Andaman islands

Oil Minister Hardeep Singh Puri says presence of hydrocarbons reported in two of three wells drilled in current campaign

PetroTel Energy poised to commercialise upstream discoveries in Oman

MUSCAT: Having invested in excess of $700 million across its upstream oil and gas assets in the Sultanate of Oman to date, US-based exploration and production firm PetroTel Energy....

GMG focuses on oil and gas industry with Curran International THERMAL-XR® deal

Graphene Manufacturing Group (GMG) has announced the signing of a global distribution agreement with Curran International for THERMAL-XR® and for exclusive application services for...

Ecuador is where oil opportunity meets risk

(By Oil & Gas 360) – Ecuador’s oil and gas sector sits at a familiar but increasingly urgent point: strong resource […] The post Ecuador is where oil opportunity meets risk app...

Watch: Oil India discovers natural gas deposit in Andaman basin; Puri hails find

Oil India Limited has discovered natural gas in the Andaman Sea at the "Sri Vijayapuram-3" exploratory well. This significant find, located 15 km off the Andaman Islands, was confi...

TRANS CANADA GOLD CORP. Ships 15,488 Barrels of Oil over Seven Months from Its Multilateral Heavy Oil Well, and Prepares...

Petralon Energy Raises Oil Production on Dawes Island By 2,800 Bpd

 Brings DI-3 well onstream under 6 months Emmanuel Addeh in Abuja  Within six months of achieving first oil on the Dawes Island Field, indigenous operator Petralon Energy has, thro...

Oil, gas tol account for more than half of world's energy mix at least until 2050 — OPEC

Demand for oil and gas will continue to grow significantly amid strong demand for reliable and affordable energy sources, OPEC said

Chevron & Eni Prepare For Crucial Egypt Appraisal Wells

Cairo hopes that appraisal drilling at two key north Sinai offshore gas fields, Nargis and Nour, will unlock vital new gas volumes next year...

O2 Loves H2O

O2 Investment Partners has acquired Steffl Drilling & Pump, a provider of water well drilling and repair services, in partnership with the founding Steffl family. Steffl Dri...

OGDCL’s new wells deliver record oil, gas output in FY26

Search for Safety

The world needs secure and reliable energy, now more than ever, and offshore E&P is one of the best ways to find it in the near term.Energy companies...

The NGL Advantage: Why Propane, Butane, and Ethane Are Critical to the Global Economy

Amid ongoing attention to AI, global conflict, energy poverty, and permit reform, public focus often defaults to oil markets. While understandable, this reveals a problematic trend...

bp inks offshore gas exploration deal with Venezuela

(World Oil) – bp Plc and Venezuela agreed on a deal to explore for natural gas offshore as the South American country’s […]

Mapping oil-gas dependence of countries, and Meralco’s Q1 income

Continued high oil and gas prices affect the cost of mobility and the various industrial and petrochemical products, down to fertilizers resulting in a higher cost of farming. Elec...

Pipelines and Automation: 2 Energy Plays Built for Any Oil Price

VAALCO advances Gabon drilling program, targets Q2 restart of Baobab offshore field

(World Oil) – VAALCO Energy has reported strong initial results from its ongoing offshore Gabon drilling campaign, while progressing additional development activity […]

Oilfield services majors bank on flood of oil, gas projects linked to Middle East war

Baker Hughes, Halliburton and SLB, key drivers of oil and gas project cargoes, say infrastructure repair in the Middle East and supply diversification moves outside the region shou...

Oman’s OQEP Expects Q2 Windfall

Omani state upstream firm OQ Exploration and Production (OQEP) is expecting windfall revenues this quarter, thanks to record oil prices. Hig...