CAPE TOWN, SOUTH AFRICA – Tanzania is set to auction 26 petroleum exploration blocks in its 5th licensing round in March 2025. The Deputy Permanent Secretary of the Ministry of Energy (Gas and Oil), ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. OPEC+ postponed its planned production increase, prioritizing price support over regaining ...

In a dusty swath of sagebrush country near the Texas-New Mexico border, engineers at oil producer Matador Resources Co. encountered a problem. Conventional wisdom called for drilling four wells ...

A study led by the international World Weather Attribution (WWA) network concludes that climate change intensified the 10 deadliest extreme weather events recorded around the world in the last two ...

The two had been close before this flirting controversy exploded. Another shot showed just how tense things are on The Block, with Brad stood by himself far away from the rest of the contestants ...

Jakarta: The Indonesian government announced the opening of investment opportunities for 60 new oil and gas blocks across 14 regions. "Based on 34 joint studies, we have identified 60 oil and gas ...

What is the price of crude oil today? WTI futures traded at $68.17 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 7.18%. Brent futures traded at $71.87/bbl, an increase of 0.35% ...

In a recent paper, colleagues and I identify key conditions for reducing extreme poverty through social transfers. We designed an economic simulation model to track the effect of increasing social ...

According to local media, the block is centered in the oil-prone Mesopotamia tectonic zone and close to Nasiriya and Garraf fields. According to the terms of the contract, the duration of the ...

with Iraq's state-owned Midland Oil Company to explore oil and gas at the Block 7 field. CNOOC Africa Holding, the state oil and gas company's fully owned unit, will hold 100 percent interest and ...

CNOOC Africa Holding Ltd, the state oil and gas company’s fully owned unit, will hold 100% interests and act as the operator for the 6,300-square-kilometer Block 7, located in central Iraq’s ...

Oil May Spike After US Election on Mideast Risk, StanChart Warns Global crude market has ‘relaxed too quickly’ following strike Renewed conflict between Israel and Iran possible after vote ...