North Dakota oilfield activities expected to increase in the second half of the year, regulator states
The 'Department of Mineral Resources' in North Dakota said that oilfield activity will increase in the second half of the year, as operators speed up completions and add more…
SLB and Formentera executives claim that they are working on activating drilling rigs for Venezuela.
SLB, a private equity firm and oil?service provider, is working with?Formentera?Partners to either reactivate or import more oil rigs into Venezuela in the next few months.
Mining mergers are not hampered by increased regulatory scrutiny, say bosses
Mining executives say regulatory scrutiny is increasing as governments pay more attention to security of supply and critical minerals in the face a volatile geopolitical background.
Moscow's petrol stations restrict sales due to shortages
According to witnesses and fuel suppliers, Moscow's fuel stations have implemented new limits on gasoline purchases due to fuel shortages caused by Ukrainian drone attacks against…
Investors look beyond coal as they consider Glencore's Australian debut
Analysts and investors who attended briefings about the listing said that Glencore's copper appetite could outweigh any concerns regarding thermal coal exposure. Glencore, world's biggest?thermal coke exporter…
Chevron discovers oil and gas condensate off Angola
Chevron'said Monday that it had discovered oil -and-gas condensate in an exploration well offshore Angola. This discovery?adds?to the push -to-increase production -in sub-Saharan…
As aid efforts expand, search teams are combing the rubble of Colombia almost a week after the quake.
On 'Sunday', search teams combed through the rubble left by collapsed buildings in western Colombia, nearly a fortnight after a powerful earthquake ravaged cities and towns throughout the west of the country…
As aid efforts expand, search teams are combing the rubble of Colombia almost a week after the quake.
On Sunday, search teams combed through the rubble left by collapsed buildings. This comes nearly a week since a powerful quake ravaged cities and towns in the west of Colombia…
Filings show that billionaire Peter Thiel has bought a 1% stake in the Argentine Vaca Muerta Oil firm.
According to a filing with the U.S. Securities and Exchange Commission, Peter Thiel, Palantir's chair and cofounder, has 'purchased' a 1% share in Argentina's Vista. Vista is…
Brazil's Petrobras finds hydrocarbons in Foz do Amazonas basin
Petrobras, Brazil's state-run oil firm, announced on Friday that it had found hydrocarbons in an exploratory well located off the coast of the Atlantic Ocean near the Foz do Amazonas Basin.
Baker Hughes reports that the US oil and gas rig counts have reached their highest level since March 2025.
Baker Hughes, a renowned energy services firm, said that U.S. firms added rigs this week for the second time within three weeks. The oil and gas rig counts, an early indicator for future production…
Shell's Wild Coast exploration plan is blocked by South Africa's highest court
South 'Africa's Constitutional Court blocked Shell's offshore exploration along the 'country's' pristine Wild Coast on Friday, a'setback' for the oil giant after years of legal…
BP awarded license for Venezuela Loran gas fields in partnership with XRG and UCC
BP has, in partnership with United Arab Emirates firm XRG, and a unit from Qatar's conglomerate UCC Holding secured a licence to explore and develop Venezuela's offshore Loran field's second phase…
Japan protests when Putin visits the islands claimed by Japan for the first time
Russian media reported that Russian President Vladimir Putin had visited Iturup. It is a Japanese-claimed island near Hokkaido at the end Kuril chain. Moscow and Tokyo did not…
US offers 81 million acres of Gulf of Mexico oil leases
The Trump Administration will on Wednesday offer oil and gas drilling companies more than 81 million acres (32,8 million hectares), in the Gulf of Mexico. This is part of a…
The mines minister of Guinea has announced that Nimba will sell bauxite via monthly tenders.
Guinea's?Nimba?Mining Company, a state-owned company, will sell its bauxite in monthly auctions that are open to international traders and miners. The government is trying to…
The number of claims against Radiant World assets has doubled in the last decade, according to filings
Radiant World is one of the largest iron ore traders in the world. It has 21 registered creditors who have registered claims on its assets. This number will more than double before 2025.
CORRECTED - BP sells 20% stake in Manakin Gas Field to Trinidad's NGC
BP 'has agreed to sell a 20% stake in a block containing the Trinidad portion in the Cocuina Manakin natural-gas field across the border to the state-owned National Gas Company of Trinidad…
BP sells 20% stake in Manakin Gas Field to Trinidad's NGC
BP announced on Monday that it had agreed to sell a 20 percent stake to the state-owned National Gas Company of Trinidad in a block containing the Trinidad portion the Cocuina Manakin natural 'gas field.
Sources say that Glencore's exposure in Radiant World is more than $500 Million.
Radiant World is a company that Glencore, the London-listed miner and trader, has stopped doing business with. The exposure amounts to over half a billion US dollars, according…
