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Oil Exploration Newsletter
  • Crescent Petroleum completes first phase of seismic exploration in Diyala field 09 Apr 2025 23:11 GMT

    field’s reservoirs, while enabling the placement of initial appraisal wells. Crescent Petroleum … million. Once the anticipated hydrocarbon resources are established, follow-on project … the Basra Oil Company for the Khider Al-Mai field exploration in Basra …

  • Oil and Gas Industry Bets on Low-Cost Quick-Pay Exploration 09 Apr 2025 22:56 GMT

    exploration and development costs still make project economics work and fields … rates and substantial resource additions, ILX … upstream exploration, enhancing efficiency and unlocking new reserves.” … deepwater oil project offshore Malaysia, with oil flowing …

  • Saudi Arabia Makes 14 New Oil And Natural Gas Discoveries 09 Apr 2025 23:05 GMT

    exploration efforts. Saudi oil giant Aramco said that 14 oil and natural gas fields … and reservoirs have been … expected to enhance national reserves and contribute to long- … OSP) for flagship Arab Light crude by $2.30 to $ …

  • US revokes Trinidad-Venezuela Dragon Gas exploration licenses 09 Apr 2025 22:14 GMT

    Prime Minister Stuart Young announced that the United States had revoked the country’s Office of Foreign Assets Control (OFAC) licenses, which allowed the development of both the Dragon and Cocuina-Manakin gas fields. The OFAC license for Cocuina-Manakin …

  • CP completes 1st phase of exploration campaign in Iraq 09 Apr 2025 22:04 GMT

    The milestone marks a major step forward in the development of the immense non-associated gas field, which promises to significantly contribute to Iraq’s energy independence and support the Iraqi government’s efforts to improve electricity services while …

  • Tethys Oil sees ‘high activity’ across Oman upstream acreage in 2024 09 Apr 2025 21:36 GMT

    … of oil produced for Tethys Oil and with continued significant exploration potential … on the Farha and Shahd fields. In all, 49 new … following the approval of a Field Development Plan (FDP) by … strategy for unlocking the hydrocarbon resources of the block. The …

  • Namcor not limited in oil BLOC ownership 09 Apr 2025 21:17 GMT

    … a 10% interest in several offshore blocs that it owns. … Namcor could be given a petroleum exploration licence by the ministry; it … stake of 10%." Oil exploration and production come with inherent … off that there are no deposits of hydrocarbons in those …

  • Aranjin Resources Announces Closing of Private Placement and Debt Settlement 09 Apr 2025 20:52 GMT

    … pending approval by the Mineral Resource and Petroleum Authority of Mongolia. Under … mineralisation of the Challenger Gold deposit style. In 2012 AngloGold Ashanti … Cobar area, both prolific mineral fields. Exploration license 8551 covers a magnetic …

  • BWXT Joint Venture Awarded Strategic Petroleum Reserve Contract 09 Apr 2025 20:41 GMT

    … Strategic Petroleum Reserve is the world's largest supply of emergency crude oil … the Strategic Petroleum Reserve, future work at the Strategic Petroleum Reserve, and the … restoration, nuclear medicine and space exploration. With approximately 8,700 …

  • How Trump's Tariffs Are Impacting Offshore Oil And Gas Operators 09 Apr 2025 19:45 GMT

    oil and gas industry is likely to be impacted , with the offshore … , baby, drill,” American oil and gas firms with offshore operations aren… Corp. (OTC: GEMZ) conducting oil and gas exploration activities in other countries …

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