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…
EU should cap gas prices at 60 euros per megawatt hour, Italy says
ROME (Reuters) – The European Union should extend its emergency cap on gas prices and set a ceiling…
Moldova braces for energy crisis as Russia halts gas supplies
The Daily Beast Kremlin Insiders Reveal How Trump Is Already Secretly Helping Putin President-elect Donald Trump’s social media…
Iran struggling to tackle energy crisis despite vast oil reserves
ISTANBUL Iran is grappling with an energy crisis amid the cold winter weather, with many factories and government…