Friday, August 14, 2026
Maha Energy acquires onshore producing properties in the Illinois Basin - oilandgas360

Maha Energy awarded Block 70 onshore Oman

energy-pedia Maha Energy has been awarded Block 70, onshore Oman. The Block, which includes the shallow undeveloped Mafraq heavy oil field, is located in the middle of the prolific Ghaba Salt Basin in the central part of Oman.  Maha will (through a wholly owned subsidiary) be the operator of the Block and hold a 100% working interest. The entry into Oman marks a

Oruc Reis seismic vessel - Credit: Sergey Moroz -oilandgas360

U.S., Greece Call for Peaceful Resolution of East-Med Maritime Disputes – Great news for the Mediterranean search for energy independence

MarineLink The United States and Greece called on Monday for a peaceful resolution of maritime disputes in the east Mediterranean as U.S. Secretary of State Mike Pompeo began a two-day trip to Greece amid increased regional tension over energy resources. NATO allies Greece and Turkey, at loggerheads on a range of issues, have agreed to resume exploratory talks over contested maritime

OPEC2 -oilandgas360

Nigeria, others’ oil production cuts to rebalance markets – EIA

Energy Mix The production cuts by the Organization of the Petroleum Exporting Countries and its allies are expected to result in a relatively balanced market next year, the United States Energy Information Administration said on Wednesday. The EIA noted that members of OPEC and 10 non-OPEC partner countries, collectively known as OPEC+, agreed on April 15 to reduce crude oil