Crude Oil / Petroleum News

RSS

From Fryers to Fuel Tanks: How Cooking Oil and Feedstocks Could Replace Diesel in Nation’s Heavy Fleets

Despite mounting pressure to decarbonize, Australia’s mining industry remains hooked on diesel. The sector currently guzzles 41 percent of its half-a-billion petajoule consumption each year while pocketing half of the nation’s annual $10 billion fuel tax credits.

3 Feb 2025

First Helium to Drill High-Impact Leduc Anomaly and PUD Well

First Helium Inc. has announced the completion of surveying for its proven undeveloped ("PUD") 7-30 location and is progressing through the licensing process for both the 7-30 and 7-15 locations.

5 Dec 2024

Bitnile Holdings Successfully Drills an Economically Viable Oil Well

BitNile Holdings, Inc. and White River Energy Corp. reported that Ault Energy, LLC, a fully owned subsidiary of BitNile, and White River Operating LLC, a completely owned subsidiary of White River, completed the drilling of a 9,531 foot well, the Harry O'Neal 20-9 No. 1, on White River’s oil and gas mineral lease in Holmes County, Mississippi.

7 Oct 2022

KATI to Cut its Carbon Footprint by Half at Keliber’s Drilling Site

Oy Kati Ab, a long-term drilling contractor of Keliber’s, has started to use biofuel in the drill rig at Keliber’s exploration site in Central Ostrobothnia.

17 Dec 2021

Equatorial Guinea Makes Advances on 100-Day Mining and Petroleum Milestones

The two ongoing main projects in the country’s overarching plan to create a natural gas driven downstream mega hub at Punta Europa seem to be on track

24 Dec 2020

Excess of Crude Supply Already Suppressed from US Market, Says GlobalData

Following Energy Information Administration’s release of official weekly data on stocks, demand and supply of US crude oil and refined products;

21 Jul 2020

GeoPark Reports New Drilling and Testing Successes in Colombia

GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, today announced new drilling and testing successes in the Llanos 34 Block (GeoPark operated with a 45% working interest) in Colombia.

13 Jun 2017

MGX Minerals Receives Independent Engineering Report on Utah Petrolithium Project

MGX Minerals Inc. is pleased to report the Company has received an independent engineering report from SigmaCubed Engineering detailing projected production rates for barrels of water per day (“BWPD”) for its Lisbon Valley, Utah Petrolithium project.

12 Jun 2017

Viking Energy Completes Drilling Program at 6 New Oil Wells in Eastern Kansas

Viking Energy Group, Inc. is pleased to announce its wholly-owned subsidiary, Mid-Con Petroleum, LLC, completed the drilling of 6 new producing oil wells on its ABC lease in Eastern Kansas.

25 May 2017

LEXG Enters into Partnership to Acquire and Develop Louisiana Oil Field

Lithium Exploration Group Inc. today announced funding the second and final installment of its joint development agreement with White Top Oil and Gas. LEXG and White Top have entered into a partnership on April 13, 2017 to acquire and develop an oilfield outside of Lake Charles, Louisiana.

16 May 2017