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Chevron Eyes Lukoil’s Iraqi Oilfield—but Only on Better Terms
29 Jan 2026 04:26 GMT
… Balad oilfield and other producing fields and additional exploration areas … change in Iraq’s petroleum regulatory landscape in decades, … the revenue from the license after deducting royalty and …
Chevron, like other Big Oil firms, is carefully selecting …
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2025 Licensing: NUPRC Restricts Bidders to 2 Oil Blocks, Prioritises Technical, Financial Capacity
29 Jan 2026 04:33 GMT
… Abuja
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) … ’s assets from license award to exploration, appraisal, and ultimately … this licensing round, 50 oil and gas blocks across … bidder operates on a concessional contract arrangement, it means …
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Rubio to Venezuela: Reform investment systems or oil giants will flock Guyana
29 Jan 2026 05:52 GMT
… plans for the oil-rich country’s resources.
During the … licences from the Office of Foreign Assets Control (OFAC) before any exploration … in Guyana’s offshore oil sector. Currently, oil is only being … the Minister responsible for petroleum to the Commissioner …
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Nigeria earns N55.5tn from crude oil sales in 2025
29 Jan 2026 01:59 GMT
… released by the Nigerian Upstream Petroleum Regulatory Commission and crude price … him, the government can deploy resources towards oil exploration, but the overall impact … those sitting on oil wells and sitting on licences should show the …
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Orca Energy Group Inc. Announces Independent Reserves Evaluation for Year End 2025
29 Jan 2026 01:44 GMT
… Licence term in October 2026.
Company Gross Reserves
Company Net Reserves … assumptions that the resources described exist in … petroleum contracts, including potential obligations to drill … ; activism against oil and exploration and development; limitations …
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Gran Tierra Energy Inc. Reports Seventh Consecutive Year of South American Reserves Growth
29 Jan 2026 01:34 GMT
… the failure of exploratory drilling to result in … access, political, social license, internal and external … Reserves Data. Prospective Resources
Prospective resources are those quantities of petroleum … 51-101 permits the presentation of reserves estimates …
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NUPRC woos investors with 50 oil blocks at 2025 bid round
29 Jan 2026 01:17 GMT
… , Abuja
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has … in Nigeria’s 2025 Oil Licensing Round.
Commission Chief … , shallow water and deep offshore terrains, offering investors diverse … fast-track assets from licence award to full production. …
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Pacific Legal Foundation Files Federal Lawsuit Over Oil Setback Law Banning Owners from Accessing Resources in their Mineral Estate
29 Jan 2026 00:17 GMT
… by the City’s Petroleum Administrator. There are approximately … Director of Environment and Natural Resources Litigation added: “We’ … issuance of permits for the Morgans to drill new oil wells, … and promote exploration and production of minerals, oil and gas …
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UK-based company sends vessel to Jamaica to test seabed for potential billion-barrels of oil
29 Jan 2026 00:09 GMT
… conduct an offshore “geochemical exploration survey” on the Walton Morant Licence.
The research … .”
Brian Larkin, CEO of United Oil & Gas, commented: “This … of unrisked prospective resources in this highly prospective offshore area.”
Following completion …
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The Alaska Winter Drilling Program Survives Legal Challenge
28 Jan 2026 23:25 GMT
… winter exploration program in the National Petroleum Reserve- … reserves and the drilling of up to 4 exploratory … reducing damage.
Modern permits include enhanced protections, including … Steps
Exploration crews mobilize as winter conditions permit, while …