Oil & Gas

KEY POINTS With a record-breaking $35 billion export agreement to supply natural gas to Egypt through 2040, Israel’s Leviathan gas field, a deepwater reservoir off the Mediterranean Coast has strengthened …

KEY POINTS Libya’s oil and gas industry is making a resurgence after years of instability and underinvestment, attracting the interest of major players in the global energy market. In an …

Greece has strongly opposed Libya‘s claims to the sea in the Eastern Mediterranean. It did this by formally rejecting Tripoli’s objections to recent plans to explore for oil and gas …

KEY POINTS Dynagas Ltd., one of the biggest companies in the world that moves liquefied natural gas, LNG, has added a new LNG carrier, Clean Mistral, to its growing fleet. …

KEY POINTS Nigeria’s crude oil prices have remained relatively stable at $73 per barrel, despite a sharp drop in global benchmarks and increasing geopolitical tensions. This stability comes after a …

KEY POINTS In a significant development for BP, the company has announced its largest oil and gas discovery in over two decades, marking a pivotal moment as it shifts its …

KEY POINTS In a significant move for Libya’s oil and gas sector, the National Oil Corporation, NOC, announced on Monday that it has entered into a memorandum of understanding (MoU) …

KEY POINTS Libya’s Sharara oil field, the largest in the country, has surged to a production peak not seen since 2018, marking a significant milestone for the North African nation’s …

KEY POINTS Petroleum remains king in Nigeria’s export economy, commanding a lion’s share of its foreign trade earnings and reinforcing the West African nation’s position among the world’s major oil …

KEY POINTS Nigerians are paying significantly more to power their generators and heavy-duty vehicles as diesel prices continue to climb. Energy News Africa reports that the average retail price of …