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The U.S. "Takeover" Of Venezuelan Oil Won’t Move The Global Market
26 Feb 2026 14:01 GMT
… of new Venezuela General Licenses (GLs) have been published … the Global Oil Market
Venezuela holds massive oil reserves at about … justify continued drilling. Last year, U.S. oilfield service firms … resources appear impressive on paper, the country’s oil …
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Kenya projects to earn over KSh 370b in Turkana oil exports
26 Feb 2026 13:24 GMT
… year
The extraction of Turkana oil reserves has been beset by … Plan (FDP) for the oilfields in the South Lokichar Basin … development plans, the exploration of Turkana oil reserves has been beset by … in the agreement, which permits possible re-entry at a …
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Angola’s State Oil Firm Looks to Tap into Critical Minerals
26 Feb 2026 15:31 GMT
… has seven concessions for lithium, uranium, ?and quartz exploration, Gaspar … Angola’s Minerals and Petroleum Minister, Diamantino Azevedo, called … Angola is rich in mineral resources including manganese, copper, … to reinvigorate its oil production that has …
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Air cargo reforms signal push for non-oil exports
26 Feb 2026 10:05 GMT
… efforts to grow non-oil exports through air cargo … , endowed with vast agricultural resources, the perennial challenge has … Nigeria’s struggling non-oil export sector. Although the … industry.”
Ojikutu also advocated concessioning cargo terminals to private …
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Venezuela Sanctions Update: OFAC General Licenses 49 and 50A Enhance U.S. Oversight of Oil and Gas Transactions
26 Feb 2026 07:15 GMT
… Oil: Hydrocarbons Law Reform and a Set of OFAC General Licenses … contracts may address new exploration, development, or production … drilling, production, services, or payments may commence until a separate OFAC license … such as the petro, remain prohibited. …
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Alvopetro Announces 2025 Year End Reserves Including a 79% Increase in 1P Reserves, 2P Production Replacement Ratio of 530% and 2026 Capital Plan
26 Feb 2026 05:40 GMT
… objectives. Our 2026 drilling and completions plan includes … oil prices. GLJ RESERVES AND RESOURCES REPORT The GLJ Reserves and Resources … the timing of regulatory licenses and approvals, equipment … risks in development, exploration and production; delays or …
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Tinubu’s Executive Order may stall Lake Chad, Kolmani exploration projects
26 Feb 2026 05:34 GMT
… the well with Oil Prospecting Licence (OPL) 732 … migrated into the proven oil reserves.”
Kolmani prospect
The … oil drilling project, marking the first-ever crude oil exploration … political competition for resources. From a petroleum economics perspective, …
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Govt. insists oil reserves stuck at 11 billion barrels
26 Feb 2026 05:48 GMT
… its oil reserves, … reserves reporting includes volumes from production sharing and other non-concessionary … petroleum governance framework requires structured reporting and oversight across exploration … Resources remains committed to responsible petroleum …
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Trump’s Cruelty Is Strangling Cuba — Its Oil Reserves Could Be Empty by March
26 Feb 2026 05:15 GMT
… and essential services. Cuba’s oil reserves could be totally depleted by … Is Strangling Cuba — Its Oil Reserves Could Be Empty by March … #47;/creativecommons.org/licenses/by-nc-nd… 0/" rel="license">Creative Commons (CC …
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Venezuela reentry: Legal & tax considerations for US offshore operators in 2026
26 Feb 2026 02:35 GMT
… risks and requirements ahead, Offshore spoke with the Venezuela … Maracaibo and its oil and gas reserves (Lago Cinco and … as onshore drilling operations.
Last year, China Concord Resources Corp., … CCRC greater control over oilfield operations and sales. The …