Saturday, June 13, 2026
Rhino confirms high-liquid gas condensate discovery at Volans-1X offshore Namibia- oil and gas 360

Rhino confirms high-liquid gas condensate discovery at Volans-1X offshore Namibia

(World Oil)– Rhino Resources Namibia Ltd. has confirmed a significant gas condensate discovery at the Volans-1X exploration well in Block 2914A, offshore Namibia’s Orange basin. The find represents the company’s third consecutive hydrocarbon discovery on Petroleum Exploration License 85 (PEL 85), where Rhino holds a 42.5% operating interest.   The Volans-1X well, spudded on July 31, 2025, with the Northern

Kazakhstan’s oil output hits record high of 2.1 million bpd- oil and gas 360

Kazakhstan’s oil output hits record high of 2.1 million bpd

(Oil Price)– Kazakhstan has ramped up oil production, with the country’s crude oil and gas condensate–a type of light oil- output hitting a record high of 2.12 million barrels per day in February, good for a 13% increase from January. Excluding gas condensate, crude oil production increased 15.5% m-o-m to 1.83 million bpd. The OPEC+ member has been able to increase oil output