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In Venezuela, Big Oil Collides with a Hotter Planet
16 Jan 2026 17:41 GMT
… 303 billion barrels of oil reserves, more oil than Saudi Arabia … camping out on an exploratory license in Guyana since the … found this enormous reserve of oil offshore Guyana. And immediately, … taking money from Exxon to drill our oil?”
Pierre-Louis: Right, …
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Roundup: Offshore ports / College football championship / Homebuilder sentiment
16 Jan 2026 17:18 GMT
Licensing shift: Federal control of offshore deep-water port licensing has … supporters say will speed permits for large oil and gas terminals. Industry …
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‘Utensils for olive oil’: Inside the West Bank’s deepening economic collapse
16 Jan 2026 15:22 GMT
… of Palestinian life, olive oil and za’atar (a herb … urgent pleas for milk, cooking oil, medicine and other essentials.
… Israeli restrictions on livelihoods and resources across the West Bank have … 000 workers, with and without permits, injected around $460m a …
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Egypt announces new oil discoveries
16 Jan 2026 15:03 GMT
… of Petroleum and Mineral Resources of Egypt said on Friday that several oil … Egypt have drilled a number of successful wells in their concession areas … Nile Delta, including five new exploratory wells.
In a statement, the …
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Brava Energia to Buy Petronas Stake in Campos Basin Assets for $450M
16 Jan 2026 13:59 GMT
… signed an agreement to acquire Petronas’ 50% equity interest in … .
The assets are located offshore Rio de Janeiro in the … basis, consisting mainly of oil, with associated gas transported … the Cabiúnas terminal.
The concessions are valid through 2039 under …
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Nigeria Trims Entry Costs To Attract Investment In Upstream Oil Fields
16 Jan 2026 14:01 GMT
… process.
On unlocking gas resources, Eyesan said numerous incentives … , Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, said the … say, ‘I have a license.’”
He said most people … precedent for the granting of licenses.”
Besides, the minister …
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Trump's first Venezuela oil sale deal goes to megadonor's company
16 Jan 2026 13:45 GMT
… department will continue to explore all options as sales … plans to control Venezuela’s oil industry “indefinitely” following its … nation’s infrastructure and boost oil production. Washington has required … US authorities amend its licence this week so it …
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Europa Oil granted two-year extension to Cloughton licence
16 Jan 2026 13:40 GMT
The AIM-traded oil and gas exploration, development and production company said … 2030.
It said the PEDL343 licence hosts the Cloughton discovery, which … 3D seismic data and the drilling of an appraisal well … with the time needed to drill the appraisal well on …
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BluEnergies, TotalEnergies Partner to Explore Harper Basin Offshore Liberia
16 Jan 2026 13:38 GMT
… LB-31 offshore Liberia.
According to euro-petrole.com, the … to identify economically viable drillable prospects within the … retains 35 percent.
The license requires both companies to … geophysical technology and global exploration expertise, aim to maximize …
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TotalEnergies joins forces with BluEnergies for Harper Basin exploration
16 Jan 2026 13:17 GMT
… explore the Harper Basin’s deep-water fan play offshore … licence, RL-003, from the Liberia Petroleum Regulatory Authority.
This licence … Resources Nigeria owning 5%.
Together, these entities manage 18 licences … the Bonga deep-water oilfield off the coast of …