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    • Oil Concessions

Oil Concessions Newsletter
  • Billionaire Gina Rinehart broadens mining horizons with licence wins for Saudi Arabian gold hunt 18 Jan 2026 08:45 GMT

    … bid for five licences to explore for gold in … licence award announced last week between Hancock Prospecting subsidiary Midana Exploration … After relying on its oil riches for decades, … , through Liontown Resources and Vulcan Energy Resources. Record-breaking …

  • U.S. Completes First Venezuelan Oil Sale 18 Jan 2026 09:31 GMT

    … into Venezuela’s vast oil reserves, which are considered the … million barrels of Venezuelan oil in partnership with … Details of the initial oil sale remain limited. White … accuracy, content, images, videos, licenses, completeness, legality, or reliability …

  • The US wants to remake Venezuela’s oil industry. History stands in the way 17 Jan 2026 20:12 GMT

    … based trade organization American Petroleum Institute, and Venezuela … though Venezuela has more oil reserves than any other country … assets of foreign drillers. Though Chevron agreed … fully compensated for seized concessions, despite international arbitration …

  • Egypt announces new oil and gas discoveries adding 47 mln cu ft of gas, 4,300 bpd 17 Jan 2026 12:18 GMT

    drilled a number of successful wells in their concession … , including five new exploratory wells. In a … ,550 bpd of oil and condensates and … reserves and resources. Separately, Desouq Petroleum Company, in partnership with Harbour Energy, successfully drilled

  • US tops world oil production but still wants Venezuela's… 17 Jan 2026 11:33 GMT

    … time, he wanted to expedite drilling permits that took an average 258 … ; Petrochemical Manufacturers (AFPM). Venezuela has the world's largest proven oil reserves … that would take decades to permit, construct and eventually pay off …

  • Fueling Reform: Pakistan’s Digital Drive Transforms Petroleum Sector 17 Jan 2026 07:32 GMT

    … of petroleum exploration licenses attracting bids for 23 exploration blocks, … will include drilling of exploratory wells in … in onshore and offshore exploration. The signing … Petroleum Concessions is launching a fully digital bidding portal for exploration

  • A visual guide to Venezuela’s oil and why Trump wants it 17 Jan 2026 04:51 GMT

    … Saudi Arabia in known oil reserves. As announced by the … the Organization of the Petroleum Exporting Countries (OPEC), … investment, and technology — resources that many international companies possess … However, Trump revoked all licenses to operate in Venezuela …

  • Labuan dialogue tackles Oil and Gas operational constraints 17 Jan 2026 05:16 GMT

    Labuan dialogue tackles Oil and Gas operational … Labuan this week hosted the Oil and Gas (O… limited operational flexibility for offshore-related equipment and documentation … inter-agency coordination and security permit approvals. “While we may …

  • Offshore Brazil roundup: M&A moves, production highs and a drilling setback 17 Jan 2026 04:39 GMT

    … to Petrobras’ strong production growth—and a temporary drilling halt … strikes $450M deal for Petronas’ offshore Brazil assets Brava Energia … Petrobras. The Tartaruga Verde Field in the BM-C-36 concession … reaches new peak Petrobras says its oil production last …

  • TotalEnergies, BluEnergies partner on deep water hydrocarbon exploration offshore Liberia 15 Jan 2026 22:10 GMT

    … in the Harper Basin, offshore Liberia. Located along the … data acquisition to reduce exploration risk. TGS ASA is … Reconnaissance License LPRA-003 (RL-003) from the Liberia Petroleum … said. Expenditures under both licenses will be recoverable under any …

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