U.S. Seeks Iran De-escalation With Turkey’s Help | 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 Related News By Tsvetana Paraskova – Aug 13, 2024, 4:45 AM CDT The United States is calling on its allies that...Continue Reading

Marathon Oil Shareholder Seeks to Block Conoco Takeover | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 13, 2024, 3:45 AM CDT A shareholder in Marathon Oil has filed a lawsuit seeking...Continue Reading

CrownRock Hopes to Generate $1.7 Billion by Selling Occidental Petroleum Shares | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 13, 2024, 2:40 AM CDT Shale driller CrownRock is selling a stake in Occidental Petroleum it hopes to generate some $1.7 billion, Bloomberg has reported,...Continue Reading

Canada’s Top Natural Gas Producer Acquires Rival to Capitalize on Higher Prices | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 13, 2024, 1:34 AM CDT Canada’s Tourmaline Oil Corp. has announced...Continue Reading

Refiners Are Reeling From Low Margins and Weak Demand | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Aug 12, 2024, 7:00 PM CDT Overcapacity in the petrochemical industry, especially in China, is...Continue Reading

BP’s New Iraq Adventure Could be a Turning Point for the West in the Middle East | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Aug 12,...Continue Reading

Area 2 lies within the emerging South Africa and Namibia (SANAM) super-basin, which stretches from northernmost Namibia to the Durban basin of eastern South Africa. The Block shares the same prolific petroleum play as is currently being successfully explored in the Orange basin of Namibia, and further proven by the Brulpadda and Luiperd discoveries in...Continue Reading

On Monday, Exchequer Secretary to the Treasury, James Murray MP, co-hosted a Fiscal Forum at Offshore Energies UK’s Aberdeen offices with senior industry leaders. The impact of changes to further extend and raise the Energy Profits Levy (EPL), or windfall tax, and the potential removal of critical capital allowances for the sector were central to...Continue Reading

White House Unveils Plan to Safeguard Renewable Energy Infrastructure | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Aug 12, 2024, 5:00 PM CDT The Biden administration is taking steps to enhance cybersecurity in the renewable energy sector. The...Continue Reading

the acquisition includes existing low decline average base production of 29,000 – 30,000 boed, externally and independently evaluated proved and probable (“2P”) reserves of 473.2 MMboe, and an extensive drilling inventory, including over 700 Tier 1 locations (246 net Montney locations booked in the Sproule Report 2P reserve category). SourceContinue Reading