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Oil Exploration Newsletter
  • Valeura Makes Three Oil Discoveries Offshore Thailand 16 Apr 2024 08:23 GMT

    … public exploration and production company said. “The deepest oil-bearing … volumes to its yearend reserves declaration. Meanwhile in the … crude from Miocene-age reservoirs, according to the company. The field … Nong Yao C Mobile Offshore Production Unit, the rig …

  • BP Focuses on Familiar Turf as Its Rivals Push New Oil Exploration Frontiers 16 Apr 2024 07:40 GMT

    … a lot of resource to be developed.” Exploration has long been … larger than figure for proved reserves under the official Securities … thanks to technological advances. Fields such as Kaskida and Tiber … people and caused the biggest offshore oil spill in U.S. …

  • Exxon plans up to 25 helicopter flights a week for 6th oil project 16 Apr 2024 06:16 GMT

    … , as well as for exploration drilling. ExxonMobil in its … producing the sweet light crude discovered in the prolific … considering the commencement of oil production activities offshore in 2019. Helicopters … the Ministry of Natural Resources and the Government of …

  • Dwindling Reserves Put Bolivia’s Economy on Edge 16 Apr 2024 08:10 GMT

    reserves position partly to lower revenues from hydrocarbon exports. As such, crude-oil … diversify its natural-resources industry and thus lower … YLB) to explore lithium deposits in the country, while $ … a drop in gas exploration, the Arce government has …

  • Govt hikes windfall tax on crude oil; ONGC & OIL to take hit 16 Apr 2024 06:47 GMT

    … the windfall tax on crude oil to Rs 9,600 … its fortnightly revision. Upstream oil exploration and production companies ONGC and … crude. However, the government on the other hand will get more resources … imposed the windfall tax on crude oil in July last year …

  • HSM Rolls Out Topside for ONE-Dyas’ Offshore Wind-Powered Gas Platform 16 Apr 2024 07:14 GMT

    … local Dutch offshore energy resources. Once completed … offshore energy transition.. ONE-Dyas, a prominent Dutch player in the explorationoil and gas company sanctioned the €500 million N05-A gas field … collaboration with HSM Offshore Energy and other …

  • ONGC & OIL to earn less; govt hikes windfall tax on crude oil 16 Apr 2024 08:29 GMT

    … the windfall tax on crude oil to Rs 9,600 … oil exploration and production companies ONGC (Oil and Natural Gas Corporation) and OIL (Oilcrude. However, the government on the other hand will get more resources … the windfall tax on crude oil in July last year …

  • Oil prices rise amid Middle East tensions 16 Apr 2024 05:46 GMT

    … could certainly bolster crude oil prices. Expectations are for crude oil prices to … of locally produced crude oil from 1 July, 2022 as oil exploration and producing … companies made huge profits amid multi-year-high crude oil

  • Higher oil prices a double-edged sword, say economists 16 Apr 2024 02:22 GMT

    … are poised to drive crude oil prices higher – a … likely incentivise oil majors to ramp up exploration and production,” … petroleum products, whereby the public may bear the brunt of higher oil … export values and rising crude oil prices. On this aspect …

  • Dangote, modular refineries to pay naira for crude 16 Apr 2024 01:17 GMT

    … that the total crude oil and condensate reserves in Nigeria … Crude Oil/Condensate Producers, Crude Oil Refinery-Owners Association of Nigeria, and Dangote Petroleum … Deep and Ultra-deep offshore Niger Delta. The … should be spent on exploration, and how the …

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