News by subject: DSC

bp today announced a significant milestone with the safe start-up of the Manuel project in the US Gulf of Mexico, the fourth of five major projects expected to be delivered globally in 2021. Manuel includes a new subsea production system for two new...

Since the inception of oil well drilling, the oil and gas industry has struggled to identify the location of the next big strike. One emerging FinTech company, Texas-based Brane Inc., is seeking to change this with the introduction of its innovative...

The African nation of Namibia has never produced a barrel of oil in its history. Now, for the second time in less than two months, it's received positive signs that it could be home to 120 Billion barrels of oil generated in its giant Kavango...

Talos Energy Inc. ("Talos" or the "Company") today provided an update regarding successful drilling operations on the Company's Tornado 3 sidetrack well ("Tornado Attic" well), which successfully discovered pay in-line with pre-drill expectations....

Enverus, the leading global energy data analytics and SaaS technology company, released today its initial suite of solutions for the Power & Renewables market. Built on a foundation of the most comprehensive data and analytics capabilities available,...

Avanti Energy Inc. (US OTC PINK: ARGYF) (the "Company") is pleased to announce that it has now acquired key 2D seismic data over its recently acquired strategic land package in Alberta (see press release dated May 10, 2021). The Company has licensed...

Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (LSE: TXP) provides an operational update, highlighted by the recovery of pressure gauges from the Cascadura Deep-1 well on the Company's Ortoire onshore exploration...

Newport Exploration Ltd ("Newport" or "the Company") is pleased to announce its second quarterly cash dividend ("the Dividend") in 2021, of $0.02 per share to its shareholders of record at the close of business on May 26, 2021. The Dividend payment...

Pan Orient Energy Corp. ("Pan Orient" or the "Company") is pleased to provide an update on the drilling program in Thailand....

DESERT MOUNTAIN ENERGY CORP. (the "Company") From the President of the Company. The Company is pleased to announce that it has...

Plugging wells is a key part of the modernisation of the Valhall field centre, and thus also in the ambition to produce a total of two billion barrels from the giant in the North Sea.  The Maersk Invincible drilling rig left the Valhall field centre...

Talos Energy Inc. ("Talos" or the "Company") , along with affiliates of bp plc ("bp") and Chevron U.S.A. Inc. ("Chevron") (collectively, the "Co-Owners") today announced successful drilling results from the Puma West exploration project located in...

Pan Orient Energy Corp. ("Pan Orient" or the "Company") is pleased to report that the drilling of the L53-DD10 well, the first of a firm two well development drilling program, has commenced....

In Namibia, an African venue that is being set up as the scene of the world's next?and possibly last?major onshore oil discovery, the oil and gas rights to an entire 8.5-million-acre sedimentary basin are owned by a single, small company.  Mentioned...

EVERSANAtm, the pioneer of next-generation commercial services to the life sciences industry, and ArisGlobal, a leading provider of life sciences software that automates drug development functions, today announced a strategic partnership to digitally...

Giant Pictures is entering the educational market through a distribution partnership with Collective Eye Films. Giant Pictures is...

U.S. Energy Development Corporation (U.S. Energy), an exploration & production (E&P) firm which designs and manages direct investments in energy, announces it has acquired a working interest position in Poker Lake, a nine well horizontal development...

CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Liuhua 29-1 gas field has commenced production....

Highlights Atlantic Nickel is pleased to announce the results of 7,140m (29 holes) that has confirmed the discovery of new zone at the Palestina intrusive Ni-Cu-PGM complex Palestina is located within 26km from the Santa Rita mine and processing...

? Africa Oil Corp. ("AOI", "Africa Oil" or "the Company") is pleased to announce a significant gas condensate discovery on the Luiperd prospect located on Block 11B/12B offshore South Africa. This discovery follows the adjacent play-opening Brulpadda...

Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company") (LSE: TXP) reports that the Company has completed drilling the Chinook-1 exploration well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago...

U.S. Energy Development Corporation (U.S. Energy), an exploration & production (E&P) firm which provides direct investments in energy, announces the firm has acquired an interest in a horizontal well development project in Loving County which is...

While working with a reputable geoscientist in the Permian Basin since 2018, Barron Petroleum and its CEO Manjit (Roger) Sahota have a reason to celebrate after coming across their biggest oil & gas discovery to date. According to...

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CruzSur Energy Corp. (the "Company" or "CruzSur")  announces that during the re-entry of the Aruchara well, in order to repair a gas leak identified in the well which had been drilled in 1980, found a large amount of natural gas that has been burned...

Allied Resource Partners has begun spudding a second well on an already-proven lease in Ellis County, Kansas. Despite current market conditions, Rich Tabaka, President of Allied, is confident in his company's ability to continue to flourish and...

Vizsla Resources Corp. ("Vizsla" or the "Company") is pleased to announce the latest results from the Company's exploration program at the Panuco silver-gold district in Mexico. Seven holes have been completed on the Honduras Vein with high grade...

The 49646 deadweight tonne (dwt) MR tanker received the first delivery of Bio Fuel Oil during its recent call at the Port of Rotterdam. The fuel, which GoodFuels launched in 2018, reduces greenhouse gas emissions by 83% and substantially reduces...

McDermott International, Inc. today announced that early first gas has been achieved on India's Oil and Natural Gas Corporation's (ONGC) 98/2 Block in the Krishna Godavari Basin, offshore India. Awarded in October 2018, the largest subsea project in...

CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that the Company made a large-sized discovery Kenli 6-1 in Bohai Bay, which is expected to be the first large-sized oil filed in Laibei lower uplift. The Kenli 6-1...

Frontera Energy Corporation ("Frontera" or the "Company") today provided an exploration update in relation to prospects in Colombia in the Lower Magdalena Valley, including its exploration joint venture with Parex Resources Inc. ("Parex") involving...

For better or for worse, that grim and almost cynical quote by the charismatic anarchist Tyler Durden of Fight Club is set to one day become an existential crisis for the non-renewable energy sector. The jury is still out regarding how close we are...

Excelerate Energy L.P. (Excelerate) and Engro Elengy Terminal Ltd. (EETL) have signed a Heads of Agreement (HOA) for the expansion of the EETL liquefied natural gas (LNG) import terminal located in Port Qasim, Pakistan. Under the agreement,...

Pall Corporation, a global leader in filtration, separation and purification, and Tanajib, [Al-Khobar], a prominent petroleum services company throughout the Gulf Coast, today announced at the International Petroleum Technology Conference 2020 in...

Talos Energy Inc. ("Talos" or the "Company") today announced the finalization of the third-party contingent resource evaluation of the Company's globally recognized Zama discovery commissioned from Netherland, Sewell & Associates, Inc. ("Netherland...

Touchstone Exploration Inc. ("Touchstone", "we", "our", "us" or the "Company")  announces that the Company has made a significant crude oil discovery with the Cascadura-1ST1 well on the Ortoire exploration block, onshore in the Republic of Trinidad...

Rebellion Energy II, LLC ("Rebellion"), supported by certain investment funds managed by NGP Energy Capital, announced today results of a well recently completed in the Frontier formation in the Powder River Basin ("PRB"), Wyoming.  The Habanero W...

Omineca Mining and Metals Ltd. ("Omineca" or the "Company") announces the completion of a geophysical exploration program which returned distinct and pervasive magnetic anomalies that may represent several paleochannels within the survey area...

Weatherford International plc announced it has been awarded two fully integrated rig contracts and one well services (through-tubing intervention) contract with a multinational operator in one of the world's largest proven oil fields located in...

Talos Energy Inc. ("Talos" or the "Company") today announced that it has entered into two separate agreements with BP plc ("BP") and Exxon Mobil Corporation ("ExxonMobil") related to new exploration opportunities in the U.S. Gulf of Mexico. The...

SDX Energy plc (AIM: SDX), the North Africa focused oil and gas company, is pleased to announce that the MSD-19 development well in the...

(AOI?TSX, AOI?Nasdaq-Stockholm) ... Africa Oil Corp. ("Africa Oil" or the "Company") is pleased to announce a second large oil discovery on the Orinduik block in the Joe-1 exploration well resulting in the opening of a new Upper Tertiary oil play in...

Talos Energy Inc. ("Talos" or the "Company") today announced that it has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located in the offshore portion of Mexico's...

Modern public infrastructure is key to promoting economic growth and developing healthy, sustainable communities. That is why the Government of Canada is renewing its commitment to municipalities and Indigenous communities through the federal Gas Tax...

Inter Pipeline Ltd. ("Inter Pipeline") announced today that it has received commercial support for the construction of a $100 million pipeline connection between its Bow River and Central Alberta pipeline systems. The new pipeline, called the Viking...

Small Gas Engines market worldwide is projected to grow by US$737.5 Million, guided by a compounded growth of 3.8%. Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need...

Aker BP is about to complete the Liatårnet exploration well in licence 442 in the NOAKA area. The well has proved oil with a gross resource estimate of 80-200 mmboe. Further data acquisition and analysis will be undertaken to determine the drainage...

The global Well Intervention Market will gain significantly from the increasing demand for oil and gas from offshore areas. Fortune Business...

The oil and gas start-up ecosystem is alive and growing. Over the past decade, the industry has witnessed major volatility with oil prices reaching a high of $130 per barrel to a low of $30 per barrel. As the upstream oil and gas sector shifts its...

JHI Associates, Inc. ("JHI") and Mid-Atlantic Oil & Gas, Inc. ("MOGI") wish to clarify the details concerning the award of the Canje Block offshore Guyana in 2015.  As a statement of record, the block was awarded on March 4, 2015, using the standard...