The world’s biggest gas field matters just as much as oil right now
The latest Iran war escalation touched the South Pars/North Dome reservoir, the giant structure shared by Iran and…
Colombia’s Natural Gas Crisis: Output Hits Multi-Decade Low – News and Statistics
Mar 15, 2026 According to a report from Yahoo Finance, Colombia’s natural gas output has been declining sharply…
Qatar declares force majeure after Iran’s attacks halt LNG production
Qatar has declared force majeure to liquefied natural gas (LNG) buyers after Iranian attacks on the country. State-owned…
UAE Endorses $150 Billion ADNOC Plan as Reserves Jump and Gas Output Expands
The UAE has approved a sweeping expansion of its national energy strategy after President Sheikh Mohamed bin Zayed…
Iran discovers new oil and gas reserves within Pazan field
Iran has announced the discovery of significant oil and gas reserves within the Pazan field, which is expected…
EY study finds the sector shrinking from top 50 to top 40 players
Year-over-year mergers and acquisitions (M&A) activity surged 331%, totaling $206.6 billion Focus shifts to future drilling potential through…
Belgium meets EU target for winter with gas reserves
Brussels [Belgium], August 17 (ANI/WAM): The Belgian gas supply is currently 92.1% full. Brussels, along with Portugal, has…
Alaska, rich in petroleum, faces an energy shortage
In the state with the fourth-largest proven reserves of oil and gas in the U.S., there is a…
Hibiscus Petroleum extends PM3 CAA PSC with Petronas and Petrovietnam
Hibiscus Petroleum has secured a 20-year extension for the PM3 Commercial Arrangement Area (CAA) production sharing contract (PSC)…
Ecopetrol Group replaced 104% of its production, doubling the 2023 incorporation of proven reserves.
The incorporation of proven reserves for the Ecopetrol Group was 260 MBOE1, 2.2 times compared to 2023 Proven…
Chevron struggles to replace oil, gas reserves amid Hess deal limbo
By Sheila Dang HOUSTON (Reuters) – Chevron’s oil and gas reserves have fallen to the lowest point in…
Petrobras Boasts Growth in Oil and Gas Reserves
Brazil’s Petrobras saw its proven oil and gas reserves increase by 500 million barrels last year, from 10.9…