Occidental (OXY) shares rose 3.4% on Apr 9, 2026 after a Gulf of America oil discovery; appraisal results and development timelines will determine lasting market impact.

The Wolin East discovery is estimated to contain some 200 million barrels of oil equivalent.

 An independent Canadian E&P firm has discovered what it believes to be the largest offshore oil find in the nation's history. Though modest by gl...

MOSCOW, Feb 11 (Bernama-Sputnik/RIA Novosti) — Russian energy giant Gazprom Neft said on Wednesday that it had discovered the largest oil field in Yamal in 30 years with reserves of 55 million tonnes, reported Sputnik/RIA Novosti. It added that the newly discovered field has been named after the famous Russian geologist Alexey Kontorovich. “Gazprom Neft has discovered a deposit with geological reserves of 55 million tonnes of oil in the Arctic zone of the Yamalo-Nenets Autonomous Area. The discovery confirmed the prospects for further development of the company’s oil production centre in the south of Yamal,” the company said in […]

BP discovers its largest oil & gas field in 25 years off Brazil's coast. The Santos Basin find is B...

China National Offshore Oil Corporation (CNOOC) announced on Monday that it has discovered a major oilfield in the eastern South China Sea * proven reserves exceeding 100 million tonnes * newly discovered Huizhou 19-6 oilfield * China's first large-scale integrated clastic oilfield discovered in deep to ultra-deep layers, said the CNOOC. --- An integrated clastic oilfield is an oilfield developed in clastic sedimentary rock formations, where the exploration, production, and infrastructure are coordinated as one unified operation. Old pic This article was written by Eamonn Sheridan at www.forexlive.com.

BP has confirmed positive results at that the Capricornus 1-X exploration well in Namibia’s Orange Basin.

1,500m Oil Reservoir Target: ReconAfrica's Landmark Namibian Well Progresses Toward 4.2K Meter Depth  Stock Titan

Namibia, long considered an exploration afterthought, has rocketed onto the global energy stage with discoveries rivalling established giants like Guyana, industry leader Shakwa Nyambe declared at the Namibia Oil and Gas Conference (NOGC) 2025. The Managing Partner of SNC Incorporated and President of the Association of International Energy Negotiators (AIEN)

BP-Eni Venture Puts Namibia Oil Find on Fast Track to Output  Bloomberg.com

[Namibian] Namibia's offshore oil discoveries have sparked widespread optimism about the country's future.

Galp Gets Offers for Mopane Discovery in Namibia  The Wall Street Journal

Galp Gets Offers for Mopane Discovery in Namibia  The Wall Street Journal

Galp Gets Offers for Mopane Discovery in Namibia  The Wall Street Journal

Namibia faces setback as Shell downgrades oil discoveries  Wood Mackenzie

Galp Gets Offers for Mopane Discovery in Namibia  The Wall Street Journal

Galp Gets Offers for Mopane Discovery in Namibia  The Wall Street Journal

Galp Gets Offers for Mopane Discovery in Namibia  The Wall Street Journal

Italian major Eni has ruled out interest in partnering with Portugal’s Galp Energia on the latter’s big offshore discovery in Namibia’s Orange basin. Galp is in the process of seeking the right partner to farm down its huge Mopane oil discovery in the West African frontier play, as much has

Galp Gets Offers for Mopane Discovery in Namibia  The Wall Street Journal