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A service for energy industry professionals · Saturday, April 12, 2025 · 802,727,025 Articles · 3+ Million Readers
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Oil Concessions News Monitoring

  • Published on Apr 10, 2025

    Dragon Gas deal dies: PM says US has revoked licence

    Prime Minister Stuart Young has confirmed that the United States has revoked Trinidad and Tobago’s licence to develop the Dragon Gas Field with Venezuela. Speaking at a press conference in Port of Spain on Tuesday afternoon, Young said the revocation of …

    Source: Trinidad Express - Neutral
  • Published on Apr 10, 2025

    Transocean rig reaches Australian waters to embark on ‘critical’ gas search

    ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, is laying the groundwork to kick off seabed surveys this month ahead of exploration drilling activities for which a semi-submersible rig owned by …

    Source: Offshore Energy - Neutral
  • Published on Apr 10, 2025

    Trump tariff shock causes four-year low to oil

    (MENAFN) Oil prices have plummeted to their lowest levels in over four years, with Brent crude falling to about $61 per barrel and US West Texas Intermediate (WTI) dropping to around $58, marking the lowest prices since February 2021. The steep decline …

    Source: MENAFN - Uncategorized
  • Published on Apr 10, 2025

    Offshore issues could prove decisive in ocean-loving Victorian electorates

    However, Fletcher does support offshore wind for Gippsland, saying the region has the potential to become a hub for jobs, investment and energy security. Fletcher is attempting to unseat Russell Broadbent, who is re-contesting Monash as an independent …

    Source: The Age - Center-left
  • Published on Apr 10, 2025

    Hibiscus Petroleum's outlook brightens with contract extension

    PETALING JAYA: BIMB Securities Research is positive with Hibiscus Petroleum Bhd’s contract extension as this will provide earnings visibility beyond the initial expiry date of end-2027. Hibiscus recently signed a key principle agreement with Petroliam …

    Source: The Malaysian Star - Uncategorized
  • Published on Apr 10, 2025

    Young gets commitment from Venezuela despite revoked OFAC licences

    DA­REECE PO­LO Se­nior Re­porter da­reece.po­lo@guardian.co.tt Prime Min­is­ter Stu­art Young says de­spite the re­vo­ca­tion of US Of­fice of For­eign As­sets Con­trol (OFAC) li­cences block­ing ex­plo­ration of the Drag­on and Cocuina-Man­akin gas fields …

    Source: Trinidad and Tobago Guardian - Uncategorized
  • Published on Apr 9, 2025

    Oil and Gas Industry Bets on Low-Cost Quick-Pay Exploration

    Oil and gas companies are looking to get the most bang for their buck in exploring for hydrocarbon resources. Those lucky enough to have made an early bet on what are now the huge frontier plays, such as Guyana, are seeing exploration expenditures and …

    Source: Oil Price - Neutral
  • Published on Apr 10, 2025

    US Nixes Venezuela-Trinidad Natural Gas Licenses as Maduro Declares Economic Emergency

    The Maduro government has sought foreign investment for natural gas ventures. (Archive) Caracas, April 9, 2025 (venezuelanalysis.com) – The Trump administration has withdrawn licenses allowing Venezuela, Trinidad and Tobago and multinational corporations …

    Source: Venezuelanalysis - Left-wing
  • Published on Apr 10, 2025

    KPHL ACHIEVES EXPLORATION MILESTONE

    Kumul Petroleum Holdings Limited (KPHL), the national petroleum and energy company, has just finished its seismic programme on the Kimu and Barikewa licenses where it is the operator. Kumul Petroleum Managing Director, Wapu Sonk said they shot the last …

    Source: PNG Haus Bung - Neutral
  • Published on Apr 10, 2025

    Carney pledges to speed permits, make Canada ‘energy superpower’

    Prime Minister Mark Carney pledged to make Canada the world’s “leading energy superpower” through a plan that includes establishing a single office that would decide on major projects within two years. The Liberal Party leader said at a campaign stop in …

    Source: Mining Weekly - Neutral
  • Published on Apr 9, 2025

    Aranjin Resources Announces Closing of Private Placement and Debt Settlement

    Formalize 80% ownership by Aranjin Resources of the Victory Nickel Project in Mongolia. Additional electromagnetic geophysical surveys being planned to target massive nickel copper sulphides at Victory. Auger drilling recommencing with the aim of …

    Source: Investing News Network - Neutral
  • Published on Apr 10, 2025

    High Grade Copper-Gold Intercepts among the Final Batch of Assays from the Maronan Project Drill Program

    Renforth Resources Inc. (CSE: RFR) (OTC: RFHRF) (FSE: 9RR)(“Renforth” or the “Company”), would like to update shareholders on the 2025 Mineral Resource Estimate (MRE) for the Parbec Gold deposit, which reflects a 29% increase to the overall gold ounces …

    Source: Investing News Network - Neutral
  • Published on Apr 10, 2025

    Massachusetts Explores the Future of Healthcare Logistics with Drone Delivery Trials

    MassDOT tests could pave way for drone medical delivery in state By DRONELIFE Features Editor Jim Magill The Massachusetts Department of Transportation (MassDOT) recently completed a series of tests to demonstrate the ability of drones to safely deliver …

    Source: Dronelife - New Hampshire - Neutral
  • Published on Apr 9, 2025

    Whitehorse residents raise concerns about exploration project within city limits

    Delegates spoke to mayor and council on April 7 about proposed exploration activities on 35-kilometres of land within city limits Delegates spoke to Whiteorse's city council on April 7 about concerns regarding mineral exploration activities proposed to …

    Source: Yukon News - Alaska - Neutral
  • Published on Apr 9, 2025

    US revokes Trinidad-Venezuela Dragon Gas exploration licenses

    Prime Minister Stuart Young announced that the United States had revoked the country’s Office of Foreign Assets Control (OFAC) licenses, which allowed the development of both the Dragon and Cocuina-Manakin gas fields. The OFAC license for Cocuina-Manakin …

    Source: St. Vincent Times - Neutral
  • Published on Apr 9, 2025

    Trump Revokes Oil Majors’ Gas Project Licenses Offshore Venezuela

    The Trump Administration has revoked licenses for supermajors Shell and BP and their partners to operate natural gas projects offshore Venezuela that plan to send gas to Trinidad and Tobago, the Caribbean island’s Prime Minister Stuart Young has said. …

    Source: Oil Price - Neutral
  • Published on Apr 9, 2025

    Namcor not limited in oil BLOC ownership

    The former interim managing director of Namcor, Ebson Uanguta, has said Namibia is not limited to a 10% interest in several offshore blocs that it owns. Speaking on the 1ON1 programme, Uanguta said that Namibia can go up to 67% when it comes to interest as …

    Source: Namibian Broadcasting Corporation - Pro-Government
  • Published on Apr 9, 2025

    US refiners are unlikely to spend large amounts to process more domestic crude oil

    Refineries must be configured differently for light US crude It can be expensive and time-consuming to change refinery configuration. The margins and yields of refineries can be affected by using different types of crude. By Arathy S. Somasekhar Analysts …

    Source: World Energy News - Connecticut - Label Pending
  • Published on Apr 9, 2025

    Conservatives Will Lift BC Tanker Ban, Pierre Poilievre Tells Oil CEOs at Rally

    If anyone was doubting that Conservative leader Pierre Poilievre would give the oil industry exactly what they want, he helpfully provided a visual aid at a recent campaign event in Newfoundland. Poilievre posed beside a large poster of industry election …

    Source: DeSmog - Left-wing

02 days 08:21:41

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