Eni and BP resume onshore exploration in Libya’s Ghadames Basin, signaling renewed international interest in Libya’s oil sector
In the News
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In the NewsOil & Gas
Nigerian Energy Mogul Aisha Achimugu, Global Petroleum Group Launch $8 Billion Offshore Oil Project in Grenada
Key Points Aisha Achimugu, CEO of Oceangate Oil and Gas Engineering, has partnered with Global Petroleum Group to develop offshore oil and gas resources near Grenada, with the project valued …
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Explore Africa’s leading hydropower projects, from Ethiopia’s Grand Renaissance Dam to Tanzania’s Julius Nyerere Dam, and how they drive sustainable growth.
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New Mexico examines proposed oil drilling setbacks that could impact production and state revenue, sparking debate on public health versus economic needs.
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Chevron Nigeria’s new shallow offshore discovery in the Western Niger Delta boosts Nigeria’s oil reserves, with further appraisals planned to assess viability.
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U.S. Treasury now allows mining companies to access clean energy tax credits, promoting domestic production of critical minerals crucial to climate goals.
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Europe faces rising costs and regulatory delays as it struggles to meet its offshore wind targets, with industry leaders urging improvements to meet the region’s renewable energy goals.
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Federal regulators approved a 3-year extension for Golden Pass LNG plant as Exxon and Qatar Energy address delays due to contractor bankruptcy
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South Africa’s renewable energy registrations surged by 2 GW in Q3 2024, indicating a shift from loadshedding concerns to the economic and sustainability benefits of renewables.
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Energy TransitionIn the NewsMarketsOil & Gas
US Crude Stockpiles Surge as Imports Rise, Refineries Ramp Up
KEY POINTS • U.S. crude inventories increased by 5.5 million barrels, driven by higher imports.• Gasoline stocks rose unexpectedly by 900,000 barrels as refineries ramped up production.• Distillate stockpiles fell …