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4 days ago · Makandina 8-2, drilled in late 2022, was ReconAfrica’s third well in the basin. It was the company’s first seismically defined probe in the campaign. It failed to encounter economic accumulations of hydrocarbons. The company placed the blame on the absence of a trap or a four-way dip closure.
5 days ago · Ventura based artist MB Hanrahan was commissioned by Aera Energy to paint an undersea themed mural on fresh-water tanks located in the Ventura Oil Field along Ventura Avenue in West Ventura. The murals of sea animals and prehistoric creatures will take roughly two months.
4 days ago · Oil futures ended largely unchanged on Monday as a ceasefire agreement between Hamas and Israel continued to elude negotiators.
1 day ago · The 1st Marine Division destroyed around 60 Iraqi tanks near the Burgan oil field without suffering any losses. The 1st Marine Division Task Force Ripper led the drive to the Kuwait International Airport on 27 February 1991.
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1 day ago · After reasonably exploitable oil fields were located in Mauritania, speculation intensified on the possibility of major oil resources being located off the coast of Western Sahara. Despite the fact that findings remain inconclusive, both Morocco and the Polisario have signed deals with oil and gas exploration companies.
5 days ago · Oil is up almost 10% this year, with spillover from the war in Israel and Gaza, most notably disruptions to shipping in the Red Sea, among the key drivers. Earlier, Israel’s military began moving...
4 days ago · LOS ANGELES, May 6 (Reuters) - The U.S. has sufficient supply of oil in the Strategic Petroleum Reserve to address any supply concerns and is monitoring markets on how to use it, Amos...
