April 10, 2025 – Oil & Gas 360

ReconAfrica provides drilling update on Prospect I

April 10, 2025

(Oil & Gas 360) CALGARY, AB , April 10, 2025 /CNW/ – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) ( Frankfurt : 0XD) (NSX: REC) announces a drilling update on Prospect I. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. It is targeting 365 million barrels of unrisked

Prairie Operating Co. secures strong cash flow with strategic hedging program ahead of market downturn

April 10, 2025

(Oil & Gas 360) 85% of the remaining 2025 daily production locked in at $68.27/bbl WTI and $4.28/MMBtu Henry Hub HOUSTON, TX, April 10, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) – an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin –

US will no longer require green analyses on Western states’ oil, gas leases

April 10, 2025

(Investing) – WASHINGTON -The Trump administration said on Thursday that it will no longer require environmental impact statements for oil and gas leases across the U.S. West, in a step toward lifting green hurdles to drilling that environmental groups will likely challenge in court. The Interior Department said in a release that it will no longer require its Bureau of Land

Miros strengthens oil spill detection system with cloud-enabled capabilities

April 10, 2025

(World Oil) – Miros, an industry leader in real-time ocean insights for maritime and offshore operations, has made a significant update to its Oil Spill Detection (OSD) system. The latest version of the Miros OSD now features cloud-enabled capabilities, a natural product evolution that further distinguishes it from other oil spill detection solutions on the market while aligning seamlessly with

US power use to reach record highs in 2025 and 2026, EIA says

April 10, 2025

(BOE Report) – U.S. power consumption will hit new record highs in 2025 and 2026, the U.S. Energy Information Administration said in its Short Term Energy Outlook (STEO) on Thursday. EIA projected power demand will rise to 4,201 billion kilowatt hours (kWh) in 2025 and 4,244 billion kWh in 2026, from a record 4,097 billion kWh in 2024. Those demand

Oil advocate withdraws nomination to lead US land bureau

April 10, 2025

(Investing) – Oil industry lobbyist Kathleen Sgamma has withdrawn herself from consideration to lead the U.S. Bureau of Land Management, U.S. Senator Mike Lee said on Thursday at a Senate hearing that was meant to discuss her nomination. Sgamma had been scheduled to appear before the Senate Committee on Energy and Natural Resources, and Lee, a Republican from Utah, made the

Weekly Gas Storage: Inventories increase by 88 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 57 Bcf

April 10, 2025

Natural Gas Inventories as of April 4, 2025 The EIA has released its natural gas inventory report, showing a net increase of 57 Bcf as of April 4, 2025. Working gas in storage was 1,830 Bcf as of Friday, April 4, 2025, according to EIA estimates. This represents a net increase of 57 Bcf from the previous week. Stocks were

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