oil and gas exploration
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BOEM to Sell 78.2 MM Acres in Latest Lease Sale
Wednesday, 18th November 2020
The Bureau of Ocean Energy Management (BOEM) is offering around 78.2 million acres of oil and gas exploration land for a region-wide Gulf of Mexico lease sale scheduled for March 2021.
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Lebanon Extends Deadline for Oil, Gas Exploration Licensing Round
Tuesday, 14th January 2020
Nada Boustani, Lebanon’s Energy Minister, announced on January 13 that the deadline for submitting the applications in the second licensing round for oil and gas exploration has been extended.
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Apache Corp Plans Boosting Investments in Egypt – CEO
Sunday, 20th October 2019
Apache Corporation ‘s President and CEO, John J. Christmann, said that the firm has plans to increase investments in Egypt through using cutting-edge oil and gas exploration technologies, citing Ahram Online.
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EGPC to Launch Oil, Gas Exploration Tender End of Year
Wednesday, 21st August 2019
The tender is expected to include from eight to 12 concession blocks, including areas in the Western Desert, the Gulf of Suez, and the Eastern Desert, where crude oil is expected be found.
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Iran to Explore the Omani Sea of Oil, Gas
Wednesday, 14th December 2016
The National Iranian Oil Company (NIOC) expounded on new oil and gas discovery projects in the Sea of Oman. -
Israel Launched Oil, Gas Exploration Tender
Wednesday, 30th November 2016
Israel announced bids for 24 new offshore oil-and-gas exploration licenses. -
Russia to Supply Bahrain with LNG
Thursday, 8th September 2016
Russia's Gazprom and the state geological exploration services company Rosgeologia have signed memorandums of understanding with Bahrain's state-owned Noga in the areas of liquified natural gas (LNG), and oil and gas exploration. -
Tanzania Slated as Regional Leader in Oil and Gas Exploration
Sunday, 4th September 2016
The Tanzanian government is set to become East Africa’s leading country in the exploration of oil and natural gas within the next decade, given that the country ensures that fiscal and regulatory structures are in place to support the government's gas plans. -
Jordan Signs Oil&Gas Exploration Deal with UK’s IPG
Tuesday, 29th March 2016
Jordanian National Petroleum Company and IPG, a UK-based company, signed a production sharing agreement to explore for oil and gas in the eastern parts of the Middle Eastern kingdom. -
Eni Opens Three New Plants in Iraq’s Zubair Field
Sunday, 6th March 2016
Italian energy company Eni has opened three new plants for oil, gas, and water treatment in the Zubair oil and gas field in Southern Iraq.
Latest News
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UOG Records 24% Increase in Abu Sennan Reserves
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Egypt to Establish a $100 MM Bioethanol Company
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El Molla Participates in UN’s ECOSOC Forum
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Enppi's Contracts Jump 50% in 2020
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.87 | -0.44% |
Crude Oil (Brent) Brent | USD/bbl | 66.33 | -0.38% |
NYMEX Natural Gas | USD/MMBtu | 2.60 | -0.69% |
OPEC Basket Price | USD/bbl | 61.87 | +0.67% |
Last Modified April 15, 2021