LATEST HEADLINES

• ReconAfrica Provides Drilling Update At Kavango West 1x Drilling Ahead Into The Otavi Reservoir Section

  10/7/2025

  Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to provide an operational update regarding the Kavango West 1X exploration well.

• RRC Announces Members Of Critical Task Force On Petroleum Theft

  10/7/2025

  Thirteen Texans will play a crucial role in helping fight petroleum theft plaguing the Texas energy industry as members of the State Taskforce on Petroleum Theft (STOPTHEFT).

• Forum Energy Technologies Secures Work-Class ROV Order

  10/7/2025

  Forum Energy Technologies (FET), a global leader in subsea robotics, has secured a contract with long-term client DOF for the delivery of a work-class remotely operated vehicle (ROV) and supporting tether management system.

• EIA Adjusts Forecast For U.S. Oil Production As Producers Set A Record In July 2025

  10/7/2025

  The U.S. Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that U.S. crude oil production will average 13.5 million barrels per day in both 2025 and 2026, both slightly higher than the agency’s September forecast.

• Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, And Oman Reaffirm Commitment To Market Stability On Current Healthy Oil Market Fundamentals And Steady Global Economic Outlook And Adjust Production

  10/5/2025

  The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 October 2025, to review global market conditions and outlook.