News

Researchers at the University of Turku in Finland have developed a simple method to explore a complex area of quantum science ...
Rebecca Orcutt’s surreal oil paintings at Gallery Poulsen depict anonymous administrators in office mazes, exploring ...
Brazilian state energy giant Petrobras (NYSE: PBR) has announced a new oil discovery in the pre-salt Santos Basin, identifying “high-quality oil without contaminants” at the 3-BRSA-1396D-SPS ...
The marine bacterium Alcanivorax borkumensis feeds on oil, multiplying rapidly in the wake of oil spills, and thereby ...
Rhino Resources has revealed test results from its Capricornus-1X discovery well offshore Namibia, with the probe flowing at least 11,000 barrels per day of light oil, with limited associated gas ...
Rhino Resources, the operator of an exploration venture in Block 2914 offshore in Namibia’s promising Orange Basin, has announced a significant discovery of “high-quality, light oil.” The National ...
Popular blends like Bonny Light, Forcados, Qua Iboe, and Escravos, along with lesser-known grades such as Djeno, Girassol, and Mostarda, are also affected. Over half of Nigeria’s planned oil shipments ...
Nigeria’s oil sector, the lifeblood of its economy, is grappling with a burgeoning crisis as a staggering 92 million barrels of crude oil, slated for export in April and May 2025, remain without ...
A Texas-based private equity firm is broadening the variety of ways that investors can tap into U.S.-based energy projects. American Energy Fund (AEF) announced this month that it had expanded ...
SACRAMENTO, Calif. – A bill to add additional requirements before restarting oil pipelines that have not been used for five or more years cleared the California Senate's Natural Resources ...
"The results ... have proven the existence of a high quality light oil bearing reservoir, with no observed water contact," Travis Smithard, CEO of Rhino Resources said in a statement. African ...