Tullow Oil anticipates a significant cash flow increase, backed by its Jubilee South East project, driving shares up by 8%.
Energy Sector
-
-
Dan Marokane, appointed as Eskom’s CEO, is set to take office on March 1, 2024, amid expectations of transformation
-
Energean, a prominent independent gas producer, has released impressive results, maintaining its trajectory towards achieving a daily production goal of 200,000 barrels of oil equivalent (boepd) despite geopolitical tensions. CEO …
-
Geopolitical risks driving up oil prices could potentially position the energy sector for a comeback after lagging behind the rest of the US stock market for months. The S&P 500 …
-
Chesapeake Energy, the second-largest natural gas producer in the United States, has announced a $7.4 billion deal to acquire its smaller rival, Southwestern Energy. The all-stock transaction, which values Southwestern …
-
A massive winter storm swept across the U.S. East Coast from Florida to Maine on Wednesday, leaving more than half a million homes and businesses without power. The storm brought …
-
Oando Plc, Nigeria’s leading indigenous energy firm, has recently partnered with Afreximbank to facilitate a major acquisition. They signed an $800 million loan agreement to fully acquire the Nigerian Agip …
-
Nigeria requires $7.6 billion to elevate oil output to 2.1 million bpd by 2025, amidst energy sector shifts.
-
The MSGBC Basin is becoming a new powerhouse in the global energy sector, with Senegal and Mauritania poised for their first gas production in 2024. They aim to boost local …
-
In the era of dynamic leadership under President Colonel Mamadi Doumbouya, Guinea-Conakry is on an ambitious journey to develop its oil and gas sector. Spearheaded by the National Oil Company …