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4 months ago

Global oil investments expected to drop 6% this year, says IEA

Global oil investments are expected to drop 6% in 2025, in the first such decline in a decade excluding the…

International

4 months ago

Russia’s oil, gas revenues down 35% in May

The Russian Finance Ministry reported Wednesday that oil and natural gas revenues fell 35.4% in May, compared to the same…

International

4 months ago

Equinor exercises $100m option for Transocean semisub

Norwegian energy major Equinor has exercised a two-well option for one of Transocean’s semisubs. The option, exercised for the 2010-built…

International

4 months ago

TotalEnergies and Shell swap stakes in two oil & gas assets offshore Brazil

TotalEnergies EP Brasil, a subsidiary of France’s energy giant TotalEnergies, has set the wheels in motion to transfer its non-operated…

International

4 months ago

Local firms drive new growth phase in Nigeria’s oil sector

Nigeria is witnessing a significant shift in its oil and gas landscape as local companies expand their roles, driving a…

International

4 months ago

BP Inks Oil, Gas, Renewables Deals in Azerbaijan

BP has signed a series of deals in Azerbaijan covering oil, gas and renewables that will deepen its ties to…

International

4 months ago

The Government of Ghana, Tullow, Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC) and Explorco sign Memorandum of Understanding to extend Ghana production licences to 2040

The Government of Ghana, Tullow Oil plc (Tullow), Kosmos Energy (Kosmos), PetroSA, GNPC and Explorco are pleased to announce that…

Professor Paul de Leeuw, Director, RGU’s Energy Transition Institute

International

4 months ago

UK offshore energy industry faces Grangemouth scale redundancies every fortnight without intervention, warns new RGU report

Scale up of offshore renewable energies can offset losses in oil and gas, but governments need to take corrective action…

Kazakhstan’s Kashagan field is on track to produce 1 billion barrels of oil by the end of 2025 Photo - Gov.kz, photo editor - Dastan Shanay

International

4 months ago

Kashagan oil field set to reach 1 billion-barrel milestone in 2025

Kazakhstan’s largest oil field, Kashagan, located on the Caspian Sea shelf, is expected to reach 1 billion barrels of cumulative…

International

4 months ago

Renaissance Africa to Invest $15B in Nigeria’s Oil and Gas Sector

Renaissance Africa Energy – a consortium of Nigerian oil companies – has announced a $15 billion investment plan over the…

International

Global oil investments expected to drop 6% this year, says IEA

Russia’s oil, gas revenues down 35% in May

Equinor exercises $100m option for Transocean semisub

TotalEnergies and Shell swap stakes in two oil & gas assets offshore Brazil

Local firms drive new growth phase in Nigeria’s oil sector

BP Inks Oil, Gas, Renewables Deals in Azerbaijan

The Government of Ghana, Tullow, Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC) and Explorco sign Memorandum of Understanding to extend Ghana production licences to 2040

UK offshore energy industry faces Grangemouth scale redundancies every fortnight without intervention, warns new RGU report

Kashagan oil field set to reach 1 billion-barrel milestone in 2025

Renaissance Africa to Invest $15B in Nigeria’s Oil and Gas Sector

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