News
May 19, 2024
The combination will create a company with a production potential of more than 100,000 bpd of oil and natural gas.
News
May 19, 2024
Petroliam Nasional Bhd.’s discovery in the Roystonea and Fusaea blocks are approaching 400 MMbbl, WoodMac analysts said in a report Thursday. The finds could supply a floating production, storage and offloading vessel with about 100,000 bpd of oil-processing capacity, opening up the country to its first sanctioned development.
News
May 16, 2024
Oil firms that want to stay in Venezuela are flooding the U.S. Treasury’s Office of Foreign Assets Control with applications for permits after Washington reimposed sanctions last month, leaving officials struggling to clear the backlog.
News
May 16, 2024
Brazil President Luiz Inacio Lula da Silva will push the new head of Petrobras to speed the pace of investments into refineries and expand its natural gas supplies after ousting the state-run oil company’s chief executive officer, people familiar with his plans said.
News
May 16, 2024
GeoPark has signed a deal with Phoenix Global Resources to acquire non-operated working interests in four adjacent unconventional blocks in the Neuquén basin.
