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Guinea-Conakry's hydrocarbons industry is gathering steam with the tendering of 22 unexplored offshore blocks in its sights.
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Oil climbed as investors monitored developments from the gathering of Group of Seven leaders, and two supplier countries flagged potential output cuts due to political unrest.
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Sound Energy has signed a Mandate letter with Attijariwafa bank of Morocco to arrange the debt financing of the Tendrara Production Concession.
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The Qatari company has signed up to the Aiming for Zero Methane Emissions Initiative.
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The U.S. added 13 rigs week on week, according to Baker Hughes.
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Prospex Energy and Warrego Energy have started the first of two solar diversification projects at the El Romeral power plant in Spain.
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Targa Resources has priced its $1.25 billion underwritten public offering.
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Eco Atlantic Oil & Gas has signed a farmout agreement for an additional 6.25 percent participating interest in Block 3B/4B, offshore South Africa.
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Gas prices are freezing a quickly growing number of Americans into staycation mode.
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Libya's state oil company said it may suspend exports from the Gulf of Sirte.