Gran Tierra has successfully drilled five exploration wells in Ecuador, each leading to an oil discovery. Three of these five wells are drawing medium to light hydrocarbons from distinct geological zones, highlighting the exceptional potential of the Oriente and Putumayo basins and the significant exploration opportunities that remain within both the Charapa and Chanangue Blocks....Continue Reading

Shale accounted for 52% of YPF’s second-quarter production of the equivalent of 539,000 bopd, up from 45% in the same period last year. Industry plans that it’s spearheading for a new shale oil pipeline are also accelerating, with drillers already negotiating to fill two thirds of capacity. SourceContinue Reading

Deep Sea Mining Threatens Newly Discovered Dark Oxygen | OilPrice.com Kurt Cobb Kurt Cobb is a freelance writer and communications consultant who writes frequently about energy and environment. His work has also appeared in The Christian Science… More Info Premium Content By Kurt Cobb – Aug 12, 2024, 1:00 PM CDT Scientists have discovered a...Continue Reading

Chevron Unveils Game-Changing Deepwater Tech for High-Pressure Reservoirs | OilPrice.com Josh Owens Josh Owens is the Content Director at Oilprice.com. An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and… More Info Related News By Josh Owens – Aug 12, 2024, 12:30 PM CDT Chevron Corporation (NYSE: NYSE:CVX)...Continue Reading

How Mayonnaise Could Help Scientists Advance Nuclear Fusion Efforts | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Aug 12, 2024, 12:00 PM CDT Mayonnaise exhibits similar properties to plasma, aiding...Continue Reading

Brent Passes $80 Amid Middle East Tensions and Positive U.S. Data | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Aug 12, 2024, 11:32 AM CDT Heading for the fourth consecutive days of gains, oil prices continued to trade up on...Continue Reading

The World’s 5 Largest Oilfields and Their Impact | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Aug 12, 2024, 11:00 AM CDT The Ghawar Field in Saudi Arabia is the largest oilfield in the world, with an estimated 170 billion...Continue Reading

The World’s 5 Most Largest Oilfields and Their Impact | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Aug 12, 2024, 11:00 AM CDT The Ghawar Field in Saudi Arabia is the largest oilfield in the world, with an estimated 170...Continue Reading

Anchor production marks the successful delivery of high-pressure technology that is rated to safely operate at up to 20,000 psi, with reservoir depths reaching 34,000 ft below sea level. SourceContinue Reading

China Admits Its Ship Damaged Baltic Natural Gas Pipeline by Accident | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 12, 2024, 10:30 AM CDT A Hong Kong-flagged container ship owned by a China mainland firm damaged a natural gas pipeline between Estonia and Finland...Continue Reading