In the News

KEY POINTS In an effort to reduce their holdings while maintaining firm control over the North Sea oil and gas producer, Italian oil giant Eni SpA and Israeli investment firm …

KEY POINTS The most important deepwater oil and gas deal in over ten years was signed by Nigeria with France’s TotalEnergies and local partner South Atlantic Petroleum, Sapetro, in a …

KEY POINTS Nigeria’s oil and gas sector delivered a rare bright spot in July as gas flaring dropped to its lowest level in years, even while overall production surged, underscoring …

KEY POINTS ExxonMobil has directly attacked Europe’s decarbonisation strategy, claiming that the EU‘s excessive reliance on expensive climate mandates and regulations has hurt competitiveness in its industrial core. According to …

KEY POINTS Libya is stepping up efforts to secure American investment as Prime Minister Abdul Hamid Dbeibah’s government looks to anchor ties with Washington through oil, gas, and renewables. A …

KEY POINTS The conviction of a supplier implicated in a corruption scheme at the Tutuka power station, a facility long beset by graft and poor management that have exacerbated the …

KEY POINTS “The Nigerian National Petroleum Company Ltd., NNPC, is facing coordinated pushback from vested interests opposed to its sweeping transformation drive,” said Bashir Bayo Ojulari, head of Nigeria’s state …

KEY POINTS As it speeds up its push into renewable energy throughout Southeast Asia, TotalEnergies has activated a solar-and-battery system at its lubricants plant in Vietnam. This is the French …

KEY POINTS Following a multibillion-rand settlement with the country’s energy watchdog, South Africa’s troubled power utility Eskom Holdings SOC Ltd. has obtained regulatory approval to raise electricity tariffs by more …

KEY POINTS Brazil’s state-controlled energy giant Petrobras is weighing a return to Nigeria’s upstream oil sector, signaling renewed interest in deepwater and ultra-deepwater exploration as Africa’s largest crude producer courts …