(Bloomberg) — Turkey is planning new oil and gas exploration in Bulgaria, Libya, and Iraq as part of a broader upstream expansion strategy. State-run TPAO is leading efforts to boost regional output and secure international energy deals. SourceContinue Reading
Chevron and TotalEnergies have launched production at the Ballymore project in the deepwater Gulf of Mexico, a tieback expected to deliver up to 75,000 barrels per day. The field connects to the Blind Faith platform and marks Chevron’s first development in the Norphlet trend. SourceContinue Reading
“The entire Newfoundland and Labrador energy industry is mourning the loss of Mr. Rob Crosbie, an industry titan who played a leading role in starting the offshore oil and gas industry and forming the energy industry advocacy association Energy NL,” said CEO Charlene Johnson. SourceContinue Reading
U.S. marketed natural gas production remained relatively flat in 2024, growing by less than 0.4 billion cubic feet per day (Bcf/d) compared with 2023 to average 113 Bcf/d, according to the U.S. Energy Information Administration’s (EIA) latest report. SourceContinue Reading
Block Energy plc, the production and development company focused on Georgia, has reached a significant milestone in Phase 2 of its CCS project, with the key process-specific subsurface uncertainties, ahead of the pilot test, having been resolved. SourceContinue Reading
bp Plc started liquefied natural gas shipments from the Greater Tortue Ahmeyim project off Senegal and Mauritania, bolstering global supplies following a halt to Russian gas transit via Ukraine. The $4.8 billion project is expected to produce about 2.4 million tons of LNG a year. SourceContinue Reading
Oil rose slightly at the end of the week after the Trump administration ratcheted up pressure on Iran’s energy exports, while talks between the U.S. and a handful of key trade partners stirred optimism that agreements on trade can be reached. SourceContinue Reading
The National Ocean Industries Association issued a statement after U.S. Secretary of the Interior Doug Burgum announced the next steps in a new offshore oil and gas leasing program. SourceContinue Reading
Kodiak Gas Services has started construction on a new training facility and an operations base in West Texas, strengthening its dedication to operational excellence and employee development in the Permian basin. SourceContinue Reading
The Railroad Commission of Texas continues to make great strides in digitizing oil and gas records, with more than 89.4 million records now digitized. The RRC is aiming to have 100 million records uploaded to its online digital archives by the end of this fiscal year. SourceContinue Reading
