This year marked the return to boosting oil and gas production, and with it—increased exploration efforts in key basins and promising new frontiers. Guyana, Suriname, Namibia, and Brazil have seen ...
Oct. 28 (UPI) --Brazil's bid to turn the mouth of the Amazon River into a new oil frontier is facing institutional pushback. While the national oil regulator recently awarded dozens of offshore blocks ...
HOUSTON, March 27 (Reuters) - Global energy companies are getting back to basics and focusing on the hunt for new sources of oil and gas, executives declared at the CERAWeek conference in Houston this ...
Drilling more oil in the U.S. isn't likely to bail the country out from ballooning oil costs anytime soon, as the Iran war continues to wreak havoc on energy markets, policymakers and energy market ...
Going against conventional wisdom, explorers at a Norwegian energy company drilled horizontally to find oil in an abandoned natural gas field. A model of a giant rig called the DeepSea Stavanger that ...
Lotus Creek Exploration is a recent Canadian oil spin-off that insiders have bought 6.3% of on the public market, now at a production inflection point. LTC's Wilson Creek asset offers exceptional IRR ...
Oil and gas exploration is ramping up off Canada’s most-eastern province, with more than 3.6 million hectares open for prospecting. On Tuesday, the Canada–Newfoundland and Labrador Offshore Energy ...
Greenland Energy and 80 Mile PLC plan two onshore wells in Greenland’s Jameson Land by the summer of 2026, the first exploration wells since 2011. Independent estimates put unrisked recoverable ...