Wednesday, April 30, 2025
ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays- oil and gas 360

ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays

(Oil & Gas 360) – April 17, 2025, Calgary, Alberta, Canada – Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agência Nacional de Petróleo, Gás e Biocombustíveis or National Oil, Gas and Biofuels Agency (“ANPG”). ReconAfrica has entered into a Memorandum

Liberty Energy sees U.S. oil activity holding firm with prices above $60- oil and gas 360

Liberty Energy sees U.S. oil activity holding firm with prices above $60

(World Oil) – Liberty Energy Inc., one of the biggest U.S. fracing companies, expects most producers to stick with their production plans as long as crude prices can hang on near current levels. “If oil stayed in the low $60s, well, that’s not an exciting environment for us by any stretch of the imagination,” Liberty Chief Executive Officer Ron Gusek said

DOGE hands US DOE the budget axe to slash $10B in clean projects- oil and gas 360

DOGE hands US DOE the budget axe to slash $10B in clean projects

(Oil Price) – If Big Oil was starting to feel good about its government-sponsored climate-era glow-up, they may be in for a rude awakening, with the U.S. Energy Department reportedly preparing to pull the plug on nearly $10 billion in clean-energy funding, according to new memos seen by the Wall Street Journal. The DOE’s move could put everything from hydrogen hubs

BP leadership faces shareholder vote amid Elliott campaign, climate ire- oil and gas 360

BP leadership faces shareholder vote amid Elliott campaign, climate ire

(BOE Report) – BP’s board is up for re-election at its annual general meeting on Thursday as the group faces activist shareholder Elliott Management and climate-focused investors who have called for a vote against Chair Helge Lund. BP, whose stock has been underperforming rivals such as Shell and Exxon, has come under increased pressure to boost its share price after U.S. hedge