Oil and Gas

Inspenet, May 12, 2023
Invictus Energy Ltd. this week announced commercially viable oil, gas and helium discoveries at its Mukuyu-1 drilling site off the coast of Zimbabwe, a development that could pave the way for the southern country’s first gas production. Africa.

Inspenet, May 8, 2023
Equinor and its partners Repsol Sinopec Brasil and Petrobras have announced the final investment decision in the BM-C-33 field, a project located in the Campos basin in Brazil. The investment is estimated at around 9 billion dollars.

Inspenet, May 7, 2023
Saudi oil company Saudi Aramco is seeking partners for an ambitious natural gas project in Jafurah, one of the world’s largest virgin fields, located in Saudi Arabia.

Inspenet, May 6, 2023
Turkish President Recep Tayyip Erdogan announced the discovery of a new oil reserve in the province of Sirnak, in the southeast of the country. The field, near the mountains of Cudi and Gabar, has a production capacity of 100,000 barrels per day and will be extracted through 100 oil wells.

Inspenet, May 4, 2023
Petróleos Mexicanos (Pemex), the largest state oil company in Mexico, has presented its financial results for the first quarter of the year. The company has reported a net profit of 56,752 million pesos, which is equivalent to 3,149 million dollars, in said period.

Inspenet, May 1, 2023
The oil company Hess Corporation has made a second oil discovery in the Stabroek block, off the coast of Guyana, with the Lancetfish-1 well.

Inspenet, April 30, 2023
Touchstone Exploration, the Canadian-based oil exploration and production company, during the first production test of the Royston-1X well, has confirmed the presence of light crude oil at non-commercial rates in the Ortoire block, located onshore in the Republic of Trinidad and Tobago.

Inspenet, April 28, 2023
Wintershall Dea, in collaboration with Harbor Energy and Sapura OMV, has announced the discovery of oil in the Kan exploration prospect in Block 30, located in the shallow waters of the Salina Basin in the Southeast Basin, offshore Mexico, about 25 kilometers from the coast of Tabasco.

Inspenet, April 23, 2023
USD 79.64 per barrel. That was the average response of 145 oil and gas company executives when asked what they expected the price of WTI to be at the end of 2023 as part of the Dallas Fed’s first-quarter 2023 energy survey.

Inspenet, April 22, 2023
Energy company bp has successfully started oil production on its new Argos offshore platform, delivering more oil at a critical time and strengthening its position as a leading producer in the deepwater Gulf of Mexico.