Big Oil Flocks to Alaska in Record-Setting Petroleum Lease Sale
The first lease sale in the National Petroleum Reserve-Alaska in seven years became the most successful auction in…
Croatia looks to expand geothermal drilling campaign and develop drilled sites
Geothermal drilling operations at Zapresic, Croatia (source: AZU via LinkedIn) After a very successful four-site exploration drilling campaign,…
Pelican Acquisition Corporation (NASDAQ: PELI) Announces Successful Approval of its Business Combination with Pelican Holdco, Inc., Greenland Exploration Limited, and March GL Company at the Extraordinary General Meeting of Shareholders held on March 19, 2026
HOUSTON, March 19, 2026 (GLOBE NEWSWIRE) — Pelican Acquisition Corporation (“Pelican”), a publicly traded special purpose acquisition corporation,…
Greece Ratifies Major Offshore Gas Exploration Deal with Chevron
Greece enters a historic phase of energy exploration in the Mediterranean, following Friday’s ratification of the deal with…
U.S. Issues License to Facilitate Oil and Gas Exploration and Production in Venezuela
The U.S. Department of the Treasury issued on Tuesday a general license to facilitate the exploration and production…
Givaudan advances while Unilever retreats
This week, Givaudan announced a major investment to expand fragrance manufacturing capacity in Mexico, adding to its production…
BHP backs the next wave of exploration and technology
MELBOURNE, Australia, Feb. 01, 2026 (GLOBE NEWSWIRE) — BHP has selected 10 early-stage exploration and technology companies for…
Bulgaria Joins OMV’s Black Sea Exploration Venture
In a notable shift in strategy, the Bulgarian state has taken a direct financial stake in offshore hydrocarbon…
USGS Uncovers Massive New Oil and Gas Potential in the Permian Basin
A new discovery in the Permian Basin is challenging the narrative that shale oil and gas in the…
Global Upstream Capex Set To Fall Again In 2026 Amid Low Oil Prices
Last year, upstream oil investment was projected to have declined 2.5% Y/Y to $420 billion after low oil…
The evolving role of artificial intelligence in mineral exploration
Digital tools such as artificial intelligence and machine learning are increasingly shaping mineral exploration workflows, even as…
Egypt Oil and Gas Market: Exploration Revival, Energy Security & Investment Outlook
Egypt Oil and Gas Market
The Egypt oil and gas market is growing steadily, powered by rising exploration…