| | | | | | The operator is exploring re-entry into Venezuela's oil sector, considering logistical, security, and legal factors, while emphasizing the need for regime changes to ensure long-term investment viability. |
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| | | | The conflict has caused a surge in Brent and WTI crude prices, with partial normalization after US government intervention. Shipping and refining markets face significant disruptions, affecting global crude flows and product supplies. |
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| | The potential third phase involves drilling two additional wells aimed at enhanced recovery while maintaining modest capital expenditure. |
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| | | | Sponsored | | Plastatech® develops our PVC geomembranes with maximum flexibility for ease of handling and installation. Designed to resist temperatures and UV exposure, our products offer high tensile and puncture strength and long-term performance, ideal for reserve pits, ponds, pad liners, and secondary containment. |
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| | | | Conrad's CEO said the FID "has transitioned Conrad from a speculative exploration/appraisal company to a fully contracted gas development and future production company with a defined and funded capital program and a clear path to production." |
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| | | | The company has spudded the SJ‑12 well on the Brazilian equatorial margin, on the coast of the state of Maranhão. |
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| Frommer, a member of the board, will serve as interim president and CEO while the company seeks a permanent president and chief executive. |
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| | | The EPCI contract includes subsea equipment for the Sakarya project, supporting the country's efforts to develop its significant natural gas reserves. |
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| | | The Shell plc subsidiary awarded two contracts to a Velesto Energy subsidiary for maintenance services related to a production platform offshore Malaysia. |
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| | | | | | | | The developing situation raises concerns about sustained disruptions in oil flow, which could lead to increased prices and heightened market volatility. |
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| | | | Through historical and current data, this episode explores the various factors that reshaped US oil trade flows over three decades. |
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