LATEST HEADLINES

• Oil India Reports Presence Of Natural Gas In Andaman Shallow Offshore Block

  6/5/2026

  Oil India Limited (OIL), a Maharatna CPSE under the Ministry of Petroleum & Natural Gas, is pleased to announce the presence of natural gas in its 3rd exploratory well Vijayapuram-3 (Loc. OAEB), drilled 15 km off the east coast of the Andaman Islands at a water depth of 355 meters in the Offshore Andaman Block AN-OSHP-2018/1 under the Open Acreage Licensing Policy (OALP).

• Eni Awarded Exploration Block A1 In The Gambia

  6/5/2026

  Eni and the Government of The Gambia, represented by the Minister of Energy and Petroleum Honourable Nani Juwara, signed today a Petroleum Exploration Development and Production License Agreement for the Block A1 offshore the Republic of The Gambia.

• Velesto Secures Drilling Contract For NAGA 6 In Thailand

  6/4/2026

  Velesto Energy Berhad (‘Velesto’ or the ‘Group’) today announced that its wholly-owned subsidiary, Velesto Sumber Sdn. Bhd., has secured a contract award from Northern Gulf Petroleum Pte Ltd (‘NGP’) for the provision of jack-up drilling rig services and associated services offshore Thailand.

• Sky Quarry Pushes To Expand Drilling In Nevada, Home To An Estimated 1.4 Billion Barrels Of Oil

  6/3/2026

  Sky Quarry Inc. ("Sky Quarry" or the "Company"), an energy infrastructure company focused on domestic refining and resource development, today announced that it is launching a crude oil drilling and production initiative in Nevada's Railroad Valley - the state's primary oil-producing region - and that it intends to refine that crude at its Foreland Refinery, the only operating refinery in Nevada.

• MOL Group And Partners Start Gas Production At The ACG Field In Azerbaijan

  6/3/2026

  MOL Group and its Joint Venture (JV) partners have achieved the first gas in the ACG field in Azerbaijan, where non-associated gas (NAG) reservoirs had previously been identified beneath and above the producing oil reservoirs.