Diversified Energy has closed its $550 million acquisition of Canvas Energy, adding roughly 24,000 boed of production and expanding its acreage position in Oklahoma. The $550 million deal includes operated producing assets and approximately 1.6 million net acres across the state. SourceContinue Reading
The IEA Is Not Wrong About Oil Demand | OilPrice.com Osama Rizvi Osama Rizvi is an Economic and Energy Analyst with a special focus on commodities, macroeconomy, geopolitics, and climate change. He has written for various print… More Info Premium Content By Osama Rizvi – Nov 24, 2025, 11:00 AM CST The IEA now forecasts...Continue Reading
Abu Dhabi’s ADNOC will maintain its $150 billion spending plan over the next five years as the company ramps up oil and gas capacity and accelerates global expansion through its fast-growing XRG investment arm. SourceContinue Reading
NextDecade Seeks to Expand Further Rio Grande LNG Export Project | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Nov 24, 2025, 10:30 AM CST U.S. LNG developer NextDecade plans to expand further its Rio Grande export project with a sixth...Continue Reading
Suriname has opened 60% of its offshore acreage through a new Open-Door Offering aimed at accelerating exploration in the Guiana basin. The program includes flexible licensing options, competitive fiscal terms, and a new GeoPortal providing discounted access to seismic data. SourceContinue Reading
Why Chinese Energy Projects Are Facing a Backlash in the Balkans | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Nov 24, 2025, 10:00 AM CST A...Continue Reading
Russia’s Oil and Gas Revenues Set to Plunge by 35% in November | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 24, 2025, 9:30 AM CST Russian oil and gas revenues are poised to slump by 35% this month from a year earlier as the...Continue Reading
The international crude benchmark, Brent, could dip to the $30s per barrel handle by 2027 as oversupply could overwhelm the market, according to a JP Morgan forecast posted by users on X. Brent Crude prices have dropped by 14% year to date, and traded relatively stable at $62.59 per barrel early on Monday, as the...Continue Reading
Condor Energies has reached TD on its first horizontal well in Uzbekistan’s Andakli field while two new Jurassic clastics workovers lifted production to nearly 12,000 boed. Early results point to a scalable new gas play as the company prepares for an expanded drilling program in 2026. SourceContinue Reading
A new drilling surge is underway in the U.S. Gulf, as Beacon Offshore starts up record-setting high-pressure wells that could reshape long-term U.S. deepwater production. SourceContinue Reading
