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Oil Exploration Newsletter
  • Venezuela’s Oil Reset Has Finally Begun 20 Jan 2026 02:34 GMT

    … oil fields, 11 retain more than half of their original reserves, … Romaina, and China National Petroleum Corporation. The main Russian … Repsol in the offshore Perla field, which supplies around … all prospective acreage to exploration, and creating a regulatory …

  • Lebanon bets on offshore gas to revive economy, earn hard currency 20 Jan 2026 00:11 GMT

    … ambitious push to develop offshore gas resources and generate hard-currency … feet of proven gas deposits concentrated offshore in the southern part … agreement in 2022. The deposits are believed to be … to develop the oil and gas exploration sector in Lebanon… …

  • Still no launch for South Asia offshore round 19 Jan 2026 23:50 GMT

    … , offering acreage in the offshore Mannar basin. The international … , which has limited oil and gas exploration and production and is … the round will include the offshore M2 block. M2 hosts … on its information from the Petroleum Development Authority of Sri …

  • Cygnus eyes two new mineralised gold prospects for resource growth 19 Jan 2026 23:51 GMT

    … (Inferred) At the Golden Eye deposit, drilling will resume later this … for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Beaupre consents … and Petroleum (“CIM”) (2014) definitions in NI 43-101. Mineral Resources are …

  • Capex of GCC national oil companies to hit $125bln by 2027: S&P 20 Jan 2026 00:11 GMT

    … expenditure (capex) of national oil companies (NOCs) in the … in phases through its North Field expansion project. “We … activities, namely exploration and production. Domestic oil typically remains the … 50 percent of the crude oil it produces (53 percent …

  • Murphy Oil Corporation Announces Results of Civette Exploration Well in Côte d’Ivoire 20 Jan 2026 00:35 GMT

    … Oil Corporation (NYSE: MUR) today announced results from the Civette exploration well … in Block CI-502 offshore Côte d …

  • Anambra community shuts 12 oil wells over alleged neglect by SNEEPCO 19 Jan 2026 23:34 GMT

    … oil wells over alleged failure of Sterling Petroleum Energy Exploration … Shell Nigerian deep-water oil and gas subsidiary, … SNPEECO exploration company that has been mining oil in … agricultural and mineral resources, including oil. “Our oil is being explored …

  • Etim Gets NACCIMA’s Upstream Oil&Gas Trade Group Appointment 19 Jan 2026 23:07 GMT

    … Vice Chairman of the Upstream Oil and Gas Trade Group. … policies that will drive upstream exploration, production, and trade. “It … , a powerhouse in the oil and gas sector specialising in … , job creation, and equitable resource distribution—ensuring the Delta’s …

  • Zacks Industry Outlook Highlights Canadian Natural Resources, InPlay Oil and Gran Tierra 19 Jan 2026 22:19 GMT

    … discusses Canadian Natural Resources CNQ, InPlay Oil IPOOF and … These firms find hydrocarbon reservoirs, drill oil and gas wells, … are also exposed to exploration risks where drilling … cost control, debt reduction, reserve growth, and disciplined reinvestment …

  • Parex Resources Announces 2026 Guidance and Board Chair Transition 19 Jan 2026 22:00 GMT

    … activity, and near-field exploration; Advancement of multiple independent … including its anticipated Brent crude oil average price, average production … exploration opportunities is not consistent with its expectations; and risks concerning reserve, resource …

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