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    • Oil Concessions

Oil Concessions Newsletter
  • Venezuela's oil industry has flailed under government control – Mexico and Brazil have had more success with nationalizing 20 Jan 2026 15:46 GMT

    … granted or sold broad concessions to foreign operators, such … ownership of their natural reserves. Oil nationalization When a … Pemex's largest oilfields, chronic underinvestment, a … start, Petrobras had a monopoly over all Brazilian oil exploration and …

  • Murphy Oil Makes Noncommercial Find in Ivorian Frontier Campaign 20 Jan 2026 16:33 GMT

    … of its three-well exploration campaign offshore Côte d'Ivoire … Nationale d'Opérations Pétrolières de la Côte d… percent operating interests. The licenses, acquired 2023, cover about … updated midpoint of recoverable resources for the primary reservoir …

  • More Valuable Than Oil: Why Kazakhstan Is Overhauling Its Water Code 20 Jan 2026 14:24 GMT

    For Kazakhstan, a country with vast territory and high dependence on transboundary rivers, water is becoming an increasingly critical constraint on economic development. Amid climate change, industrial expansion, and deteriorating infrastructure, water …

  • ‘Incredible alignment’: Canada is picking away at an oil and gas industry wish list 20 Jan 2026 15:36 GMT

    … journalism. Investigating problems. Exploring solutions The Narwhal’s … war, Energy and Natural Resources Minister Tim Hodgson said … signed with Alberta also permits the province significant … the Canadian Association of Petroleum Producers and the Pathways …

  • TotalEnergies Sees Refining Gains Softening Oil Price Hit 20 Jan 2026 16:59 GMT

    … improve. Fourth-quarter 2025 oil and gas production is expected … of just over 3%. Exploration and Production results are expected … over $10 per barrel in oil prices, TotalEnergies expects cash … stake in the Renaissance JV licenses in Nigeria. The company …

  • A guide to Greenland's natural resources beneath the ice 20 Jan 2026 12:51 GMT

    … critical raw materials – resources such as lithium and … volume of proven crude oil reserves. But Greenland… extensive petroleum systems ringing the entirety of offshore Greenland. … and to grant new licences for exploration and exploitation, may …

  • Santol Energy aligns with Star Oil on fuel price relief 20 Jan 2026 12:52 GMT

    … It said collaboration among oil marketing companies would be … on to consumers when conditions permit. “The shared objective … rate stability and global oil price trends remain favourable. … across Ghana’s downstream petroleum market. Explore the world of …

  • Equinor strikes oil at Othello South prospect near Heidrun field 20 Jan 2026 12:22 GMT

    oil equivalent (mboe). The drilled well aimed to identify the presence of petroleum … According to the Norwegian Offshore Directorate, the exploration of well 6507… stake. Nine exploration wells had previously been drilled within production licence 124’s …

  • Mobile app launched to help travelers locate petrol pumps nationwide 20 Jan 2026 12:01 GMT

    … in collaboration with the Oil and Gas Regulatory Authority … Board (PITB) to monitor oil tankers, terminals, and … The Directorate General of Petroleum Concessions (DGPC) will also introduce … bidding process for oil and gas exploration and production blocks. …

  • United States Completes First Venezuelan Oil Sale Following Military Operation 20 Jan 2026 12:02 GMT

    … barrels of proven crude reserves representing about 17 … under licenses despite broader sanctions affecting the Venezuelan oil sector … alarm about offshore accounts being used for oil revenue management. … another nation’s natural resources and revenue streams. …

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