Oil & Gas

Koeberg Nuclear Power Station’s Unit 2 has reached a major milestone, celebrating 40 years of providing safe, clean, and reliable energy to South Africa.  The plant, located near Cape Town, …

KEY POINTS Chevron confirmed this week it is nearing a final investment decision on the second phase of its 22 trillion cubic foot Leviathan gas field offshore Israel, a project …

KEY POINTS Sierra Leone is pushing to build on its recent offshore oil exploration breakthrough with Italian energy giant Eni, as the West African nation seeks to position itself as …

KEY POINTS Halliburton has secured a major integrated drilling and completion services contract from Shell Nigeria Exploration and Production Company (SNEPCo), in collaboration with Sunlink Energies, to advance the development …

KEY POINTS Oil prices fell on Wednesday as fresh signs of oversupply rekindled market fears of a global glut, dragging Brent crude below $64 per barrel and pushing West Texas …

KEY POINTS The Dangote Petroleum Refinery has withdrawn its N100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian National Petroleum Company (NNPC) Limited, …

KEY POINTS Nigeria’s crude oil output fell again in October, adding to production setbacks in Libya and Venezuela that weakened the Organisation of the Petroleum Exporting Countries and its allies, …

KEY POINTS Libya’s National Oil Corporation has announced a fresh oil discovery in the Ghadames Basin, reigniting optimism over the country’s energy potential after years of production instability. The new …

KEY POINTS Nigeria’s state-owned oil company is setting its sights on greater control over the country’s refining future. The Nigerian National Petroleum Company, NNPC, Limited has announced plans to raise …

KEY POINTS Austrian energy company OMV has announced a major oil and gas discovery in Libya’s Sirte Basin, marking one of the country’s most promising exploration successes in recent years. …