Oil & Gas

KEY POINTS Nigeria’s economy has taken another hit as the recent nationwide strike by senior oil workers, PENGASSAN, caused massive disruptions in crude oil production, gas supply, and electricity generation.  …

KEY POINTS Nestoil Group has insisted that its operations across Nigeria remain unaffected despite the recent sealing of its Lagos head office by security operatives acting on a court order. …

KEY POINTS Eni signs agreement with Egypt’s Bioenergy Association to explore large-scale biogas production. The project will convert agricultural and animal waste into renewable energy and organic fertilisers. The initiative …

KEY POINTS French energy giant TotalEnergies is seeking government approval from Mozambique to raise the development cost of its massive liquefied natural gas (LNG) project by an additional $4.5 billion, …

KEY POINTS Oil prices slid by about 2 per cent on Tuesday, extending a three-day losing streak as investors digested the effect of fresh U.S. sanctions on Russia’s top oil …

KEY POINTS The Socio-Economic Rights and Accountability Project (SERAP) has called on the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPC, Mr Bayo Bashir Ojulari, to …

KEY POINTS French energy giant TotalEnergies has officially lifted the force majeure order on its $20 billion Mozambique liquefied natural gas (LNG) project, marking a cautious but significant step towards …

KEY POINTS In a milestone move set to reshape Greece’s energy landscape, US oil giant Chevron and Greek refiner Helleniq Energy have emerged as the successful bidders for four major …

KEY POINTS Shell Plc has lodged an application for leave to appeal a decision by the Western Cape High Court that blocked its plans to explore for oil and gas …

KEY POINTS ExxonMobil has entered into a new memorandum of understanding (MoU) with the government of Gabon, setting the stage for potential oil and gas exploration off the coast of …