A new discovery in the Permian Basin is challenging the narrative that shale oil and gas in the United States is declining.
The USGS said the Woodford and Barnett shale formations contain an estimated 28.3 trillion cubic feet of technically ...
The USGS found 1.6 billion barrels of new oil reserves in the Permian Basin. But the ‘massive' discovery presents new ...
Driven by recent oil and gas discoveries and a $5.7 billion plan to drill 480 new exploratory wells, Egypt is successfully ...
Egypt’s Ministry of Petroleum and Mineral Resources has reported a new oil discovery in the Gulf of Suez. The discovery was made by the Gulf of Suez Petroleum Company, a joint venture between Egyptian ...
Pakistan’s state-owned Oil and Gas Development Company Limited announced a significant oil and gas discovery in the Khyber ...
The Malampaya East-1 gas discovery also contains condensate, a high value fuel oil which can be used as refinery feedstock, ...