Rhino Resources, Halliburton complete two exploration wells in Block 2914 in Namibia
Rhino Resources and Halliburton have delivered the first two exploration wells in Block 2914 within Petroleum Exploration License 85 offshore …
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Strathcona Resources to acquire MEG Energy through takeover bid
Strathcona Resources has announced its intention to commence a takeover bid to acquire all issued and outstanding common shares of …
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Oil demand growth set to slow for remainder of 2025: IEA
Global oil demand growth is projected to decelerate from 990,000 barrels per day (bpd) in the first quarter of 2025 …
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Kuwait’s KUFPEC receives approval to invest $1.54bn in developing Anambas block
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) has been granted approval to proceed with the development of the Anambas block …
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Eni to divest 20% stake in Plenitude to Ares for over $13bn
Italian energy giant Eni has entered an exclusivity agreement with Ares Alternative Credit Management for the potential sale of a 20% …
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ADNOC signs deals worth $60bn with US companies to boost energy projects
ADNOC has announced a series of agreements with US energy companies, potentially enabling investments worth $60bn from the US in …
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Rhino Resources, Halliburton complete two exploration wells in Block 2914 in Namibia
Rhino Resources and Halliburton have delivered the first two exploration wells in Block 2914 within Petroleum Exploration License 85 offshore …
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Strathcona Resources to acquire MEG Energy through takeover bid
Strathcona Resources has announced its intention to commence a takeover bid to acquire all issued and outstanding common shares of …
-
Oil demand growth set to slow for remainder of 2025: IEA
Global oil demand growth is projected to decelerate from 990,000 barrels per day (bpd) in the first quarter of 2025 …
-
Kuwait’s KUFPEC receives approval to invest $1.54bn in developing Anambas block
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) has been granted approval to proceed with the development of the Anambas block …
-
Eni to divest 20% stake in Plenitude to Ares for over $13bn
Italian energy giant Eni has entered an exclusivity agreement with Ares Alternative Credit Management for the potential sale of a 20% …
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Aramco signs 34 MOUs and agreements with US companies, potentially worth $90bn
Aramco, the Saudi Arabian oil giant, has announced the signing of 34 memorandums of understanding (MOUs) and agreements with major …
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Valeura Energy reaches FID on Wassana field redevelopment in Thailand
Valeura Energy has announced the final investment decision (FID) on the redevelopment of the Wassana field, which is expected to …
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Chariot regains 75% interest in two Moroccan offshore licences
Chariot, the Africa-focused transitional energy group, has regained operatorship and a 75% working interest in the Lixus Offshore and Rissana …
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Sinopec achieves breakthrough in shale gas exploration
China Petroleum & Chemical Corporation (Sinopec) has revealed that the Tiebei 1HF well at its Project Deep Earth – Sichuan …
