When it comes to finding the final frontier for big oil discoveries, you need to look beyond the Guyana-Suriname basin where everyone’s already staked their claims. And beyond the American shale patch, where growth is already slowing. Africa is the next great oil frontier, where small-cap companies are staking large-cap claims of the kind that […]
The Bureau of Land Management announced it will hold an oil and gas lease sale in December to offer 282,731 acres of federal land and minerals for development. Several of the nominated parcels for December’s competitive sale fall north of Casper and north Rock Springs. The federal government offers a selection of nominated parcels to […]
Global oil demand is set to recover to near pre-covid-19 levels by the end of this year, Saudi Arabia’s energy minister Prince Abdulaziz said today prior to the OPEC+ Joint Ministerial Monitoring Committee meeting today, according to The National. Specifically, Prince Abdulaziz expects that oil demand will recover to 97% of the levels pre-Covid. That […]
