The Oil and Gas Development Company Limited (OGDCL) has significantly enhanced oil production from the Pasakhi-5 Well through the implementation of advanced technologies. OGDCL's diligent efforts align with broader industry trends that emphasize the importance of optimizing production
In a world where renewable energy is rapidly gaining importance, Texas stands out as a leader, showcasing a remarkable transformation in its energy production landscape. As the state responsible for approximately 25% of the nation's overall energy production, Texas has long been a heavyweight
The Cabinda Refinery in Angola marks a significant milestone for the nation as it sets the stage for oil production, with the goal of achieving full commercial operations by July 2025. The CEO of Cabinda Refinery Corporation, Marcelo Hofke, announced that the project's construction began in
Africa's oil and gas sector is experiencing remarkable growth driven by the vast oil reserves in countries such as Nigeria, Angola, and Uganda, positioning these nations as key players in the global energy market. The extensive networks of pipelines that transport oil and gas from these
In January 2024, President Biden introduced a pause on new permits for liquefied natural gas (LNG) projects in the United States, aiming to address climate change concerns. This decision has significantly impacted proposed LNG projects, particularly those targeting exports to non-free trade
The oil market in 2025 is expected to be dominated by bearish sentiment due to an anticipated supply glut. Industry experts project an oversupply in the first half of the year, with rising production from countries outside OPEC+, particularly the United States, Canada, Guyana, Brazil, and
