International Tender for Hydrocarbon Development Launched in Algeria
Algerian Minister of Energy Mohamed Arkab on Sunday launched the international tender “Algeria Bid Round 2026” for hydrocarbon development across seven blocks in the southern regions of the country, a RIA Novosti correspondent reported. The tender includes, among others, the El Bourma-2, East Bordj Omar Idriss-1, and Illizi Ouest-1 blocks. …
Rosprirodnadzor Launched a Digital Geoportal for Unified Control in Subsoil Use
Head of Rosprirodnadzor, Svetlana Radionova, presented to the Minister of Natural Resources and Environment of Russia, Alexander Kozlov, a digital Geoportal designed to ensure unified control in subsoil use, according to a statement from the Ministry of Natural Resources. The new tool will improve response times in preventing and detecting …
China’s CNPC to Drill 30 Exploration Wells in Uzbekistan
Uzbekneftegaz signed a contract with China’s CNPC XIBU Drilling Engineering Company Limited for drilling 30 exploration wells. This was reported by the company’s press service. Work under the contract will be carried out from 2026 to 2028 on newly identified prospective subsoil blocks in the Ustyurt region. The planned well …
Petrobras Expands Its Oil and Gas Portfolio with an Offshore African Field
Brazilian Petroleo Brasileiro SA (Petrobras) has expanded its oil and gas asset portfolio with a new exploration block in Africa. This was reported by the company’s press service. Petrobras signed an agreement to acquire a stake in offshore Block 3 on the continental shelf of São Tomé and Príncipe from …
Spanish Repsol Regains Control over Oil Fields in Venezuela
Repsol has signed an agreement with the Government of Venezuela and the state-owned company Petróleos de Venezuela SA (PDVSA) to regain control over one of its production assets in the South American country, which will allow the Spanish company to increase output. This was reported by the Financial Times (FT). …
Government Orders Sale of Wintershall Dea and OMV Stakes in Severneftegazprom to SOGAZ
Russian Prime Minister Mikhail Mishustin has signed an order to sell stakes to SOGAZ in companies established to “Russify” the joint venture between Gazprom and Germany’s Wintershall Dea and Austria’s OMV for the development of the Yuzhno-Russkoye field. According to the published government resolution, based on SOGAZ’s application dated March …
QazaqGaz and CNPC Signed a Contract for the Development of the Severnoye-1 Subsoil Block in Kazakhstan
On April 15, the Ministry of Energy of Kazakhstan hosted the signing of a contract for the exploration and production of hydrocarbons at the Severnoye-1 subsoil block in the Aktobe Region.This was reported by the ministry’s press service. The document was signed by Vice Minister of Energy E. Akbarov, Deputy …
Canadian Trillion Energy Discovered a Light Oil Field in Southeastern Turkey
Canadian Trillion Energy has discovered a light oil field in southeastern Turkey, in Şırnak Province. This was reported by the company’s press service. The discovery was made using the Çetinkaya-1 (C-1) well, drilled on the M47C3,C4 block. Oil accumulations with a density of 32.4° API were identified in carbonate formations …
Gazprom Group Began Oil Production at Block 6A of the Achimov Formations of the Urengoy Field
The first commercial oil inflow was ensured by four wells and two mobile oil treatment units. In the future, for the full-scale development of block 6A, more than 40 wells will be drilled and the existing field infrastructure will be utilised. The Achimov oil formations of the Urengoy field are …
Canadian Condor Set a Production Record in Uzbekistan
Canadian Condor Energies has set a new production record in Uzbekistan — more than 14 thousand barrels of oil equivalent per day. This was reported by the company’s press service. The increase in performance was achieved through the commissioning of the horizontal well Kumli-46 (K-46). As of April 13, 2026, …