The auction was one of three offshore oil and gas lease sales mandated as part of a 2022 climate bill compromise designed to ...

Plexus Holdings swung to pretax loss for the first half of fiscal 2025 following a one-off licensing agreement the previous year, and said it is focusing on the wellhead rental market in the short ...

Chevron has expressed an interest in hydrocarbon exploration off the island of Crete in the Mediterranean Sea, the second ...

The Banff discovery well has yielded TP and TPP values to the Company using a 10% discount rate of $3.5 million and $5.3 million, respectively. As at March 17, 2025, the well has outperformed the TPP ...

"Therefore, any Country that purchases Oil and/or Gas from Venezuela will be forced to pay a Tariff of 25% to the United States on any Trade they do with our Country." Trump said the tariff will ...

President Trump announced Monday all countries who purchase oil or gas from Venezuela will be subject to a 25% tariff on all trade with the US, in an ambitious bid to isolate the far-left South ...

The contract involves fabricating two wellhead platforms, each weighing approximately 1,500t, for Vestigo Petroleum.

OPEC Members Will Unwind and Reverse Voluntary Production Cuts on April 1 Source: OPEC, Oil & Gas Journal, EIA. Data as of Feb. 25, 2025. On the gas side, US gas producers remain challenged in the ...

HOUSTON, March 26 (Reuters) - Oil prices rose on Wednesday, buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by mounting concerns about tighter global ...

2-Year U.S. Treasury Note Continuous Contract $103.395 0.004 0.00% 5-Year U.S. Treasury Note Continuous Contract $107.641-0.047-0.04% 10-Year U.S. Treasury Note Continuous Contract $110.406-0.156 ...

The evaluation of Tuktu's properties was prepared in accordance with the definitions, standards and procedures contained in the most recent publication of the Canadian Oil and Gas Evaluation Handbook ...

Based on the 2024 Insite Report, the Company’s PDP reserve value before-tax, discounted at 10% is $1.32 per share (134,918,886 fully-diluted common shares outstanding at December 31, 2024). On the ...