In the News

KEY POINTS Shell has completed the sale of its interests in the Na Kika platform and related fields, as well as its full ownership of the Coulomb tieback in the …

Canada has unveiled draft legislation setting a one-year deadline for major project reviews, part of Prime Minister Mark Carney’s push to counter US tariffs.

The US Department of Energy has selected 21 projects for up to $99 million to advance next-generation geothermal power, including two won by Fervo Energy.

KEY POINTS The Free State High Court has overturned a lower court ruling that cleared Eskom of liability after a child was electrocuted by an electric cable lying on the …

KEY POINTS Kenya is preparing to break ground on a proposed 700,000-barrel-per-day refinery in Lamu, a multibillion-dollar project being developed with Nigerian industrialist Aliko Dangote. Kenyan President William Ruto announced …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has approved 830,000 tonnes of Premium Motor Spirit imports for the fourth quarter of 2026 as tighter global fuel …

KEY POINTS BP CEO Meg O’Neill says the oil major needs to make more disciplined investment decisions and strengthen investor confidence as she marks her first 100 days in the …

Bangladesh has raised fuel prices by up to 17.4 percent, its third hike since April, as the Middle East conflict drives up global oil and shipping costs.

Petrobras has approved joining Brazil’s new diesel subsidy program worth 1 real per liter, as President Lula moves to cushion voters from rising oil prices.

KEY POINTS Chevron plans to sharply increase its oil and gas exploration activity next year as it overhauls its exploration strategy and seeks to improve its record of finding new …