Press Release Clarifying Statement Wildcat Petroleum Plc (WCAT), a company targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry issues a clarifying statement. On 6 November 2023, Mandhir Singh, Chairman and CEO of the Company, gave an interview with Directors Talk which has subsequently been reproduced on social media. […]

Libya’s National Oil Corporation (NOC) announced that Zallaf Oil and Gas has exported the first shipment of Erawin crude oil from the port of Az-Zawia last week. NOC reports that a total of 600,000 barrels were exported on this maiden shipment. Production from the Erawin field in April reached 3,000 barrels per day (bpd) and […]

By S&P Global Commodity Insights How OPEC+ and its leaders resolve two “consequential” oil supply issues will be among the things to watch at this week’s ministerial meeting in Vienna. The first: Whether Saudi Arabia and Russia intend to extend their unilateral cuts, or even enlarge them, going into 2024. Or if they plan to […]