Portugal-based energy firm Galp on Tuesday announced a new light oil and gas-condensate discovery offshore Namibia, which has become one of the world’s latest exploration hotspots. Galp and its ...

The combined company will have an enterprise value of $10.4 billion and produce 370,000 barrels of oil equivalent per day. The merger will create the largest Canadian light oil-focused producer ...

Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce it has entered into a new ...

Whitecap Resources Inc. ("Whitecap") (TSX: WCP) and Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer ...

New gas and oil reserves have been discovered ... and over 150 barrels of light oil. The natural reserves from the well have a pressure of 2,800 pounds per square inch (PSI) as the extracted ...

LISBON, Feb 25 (Reuters) - Portuguese oil company Galp (GALP.LS), opens new tab said on Tuesday it had found significant presence of light oil and gas condensate in a fifth well in Namibia's ...