Earlier this week, Egyptian President Abdel Fattah El-Sisi met with Prime Minister, Dr. Mostafa Madbouly, and Minister of Petroleum and Mineral Resources, Eng. Karim Badawi to discuss exploration activity, and particularly the “Fayoum 5” oil and gas field. SourceContinue Reading

Citadel has agreed to buy assets from closely held Paloma Natural Gas in a deal valued at about $1 billion, people familiar with the matter said. The acquisition gives the hedge fund access to acreage and producing assets, though it will not operate them directly.  SourceContinue Reading

An analysis previously done by the U.S. Department of Energy that concluded only minor impact from increased LNG exports has now come to light, likely increasing criticism that Biden’s export pause was politically motivated. SourceContinue Reading

CEOs representing Canada’s energy industry sent a letter to Canadian federal political leaders outlining an urgent action plan to strengthen the nation’s economic sovereignty through rapid regulatory restructuring and investment in oil and natural gas infrastructure. SourceContinue Reading

Executives from more than a dozen oil companies will meet with U.S. President Donald Trump today, marking the first of its kind since Trump’s second inauguration and his creation of a new National Energy Dominance Council to shape policy. SourceContinue Reading

Vitol will acquire stakes in projects in Ivory Coast and the Republic of Congo for at least $1.65 billion, according to a statement on Wednesday. The deal deepens the company’s longstanding relationship with Eni in West Africa. SourceContinue Reading

The U.S. Energy Information Administration’s (EIA) recent forecast states that two new oil developments in Alaska — the Nuna and Pikka projects — are expected to boost crude oil production in the state after decades of decline. SourceContinue Reading

OLT Offshore LNG Toscana has announced that its floating regasification terminal “FSRU Toscana” will be in operation until the end of 2044, following a successful extension of the useful life of the Terminal in 2024. SourceContinue Reading

Malaysia’s Petronas is evaluating a sale of its shale oil asset in Argentina, a move that would complete its exit from the country’s booming Vaca Muerta fields as several international drillers also look to divest from the region. SourceContinue Reading

STRYDE has announced the first sale of its Mini Seismic System in Latin America to Colombian company Energy Geophysical Services SAS (EGS). EGS previously deployed STRYDE’s seismic technology across its oil and gas exploration surveys in 2024. SourceContinue Reading