Contingent resources in the project rose from 204 million barrels of oil to 281 million barrels.

The energy exploration partnership’s participation units have gained 16% in three trading days.

Israel-based startup Navitas Petroleum LP won a bid Wednesday to acquire deepwater drilling rights in the U.S. section of the

Israel’s Navitas Petroleum LP said on Sunday the Shenandoah field in the Gulf of Mexico has estimated reserves of 155

The last of the supermajors may have left for deeper prospects in the US Gulf, but outfits with more independent

HERZLIYA, Israel (Reuters) – Israel’s Navitas Petroleum plans to raise $130 million in bonds and then carry out an initial

The company is also planning a share offering on the TASE at a $100 million company value.

It’s a discovery that could easily shake up the geopolitical order in the Middle East. Deep under the eastern Mediterranean

ST JOHN’S, Canada – The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has outlined results from its Call for Bids

Sale of exploration licences land $758M in commitments