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    • Oil Concessions

Oil Concessions Newsletter
  • Türkiye's TPAO, Shell to cooperate for offshore exploration in Bulgaria 18 Feb 2026 19:56 GMT

    … National energy company Turkish Petroleum (TPAO) and international … Energy and Natural Resources Minister Alparslan Bayraktar. … license area, followed by the potential drilling of an exploration … 's growing offshore exploration and production capabilities, …

  • Small oil producers in Russia's regions start to go bankrupt as prices collapse 18 Feb 2026 17:41 GMT

    … insolvency of First Oil, an oil group formerly owned … Russia's largest petrochemical company. Advertisement: Goldovsky… owns several small oilfields with combined reserves of 14 million … oil company and the Gorny oil company, which held three licences …

  • Turkey’s TPAO, Shell Partner for Offshore Exploration in Bulgaria 18 Feb 2026 19:45 GMT

    … Petroleum (TPAO) has signed a partnership agreement with Shell to conduct oil … Minister of Energy and Natural Resources. Bayraktar added that the partners … under a five-year license before potentially drilling an exploration well. “This area …

  • Tinubu Abolishes 30% NNPC Withholding Management Fee From Oil Revenue 18 Feb 2026 20:49 GMT

    … size, being devoted to speculative exploration, risks accumulating large idle cash … of NNPC Limited as a concessionaire under Production Sharing Contract arrangements … and the Minister of State, Petroleum Resources (Oil). Other members of the Committee …

  • Turkey’s TPAO joins Shell in Black Sea exploration project off Bulgaria 18 Feb 2026 17:31 GMT

    … Petroleum Corp (TPAO), has joined UK oil giant Shell in an offshore exploration … project in Bulgaria’s Black Sea waters, Energy and Natural Resources … joined the exploration license for the Khan … options for drilling an exploration well in …

  • US Says Oil Companies Must Pay Local Taxes, Fees to Venezuelan Government 18 Feb 2026 20:11 GMT

    … the Venezuelan oil business must pay local taxes, permits and … authorizations, known as general licenses, that Treasury issued on … and transportation of Venezuelan oil. The other authorized the … for the exploration, development or production of oil and gas …

  • Venezuela’s Oil Output Can Grow 30%-40% This Year, US Says 18 Feb 2026 18:54 GMT

    … recently issued licenses allowing a handful of Western oil firms to … to stimulate the nation’s oil industry and revive its … owed by Venezuela rather than drilling new wells. Wright said … debts into equity ownership. Oil prices are trading near a …

  • Arctic Resources, Gold, Sanctions, and Business: Inside the Reported Russia–US Talks 18 Feb 2026 15:27 GMT

    … exchange for economic and strategic concessions. The article cited statements attributed … northern resources. The reported proposals included projects related to Arctic oil and … businesses, where participants allegedly explored potential stakes in mining and …

  • Keyrock Energy Vacuum Permit Kile #3 well 18 Feb 2026 14:49 GMT

    … a Vacuum Permit to the Illinois Department of Natural Resources.  Vacuum will … of Natural Resources Office of Oil and Gas One Natural Resources Way Springfield …

  • United Oil completes 1st phase of Jamaica seabed survey 18 Feb 2026 13:47 GMT

    … a surface geochemical exploration programme on its Walton-Morant licence offshore Jamaica, clearing … 40 leads and prospects for oil in commercial quantities. Independent estimates …

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