Chevron Corp, one of the world’s largest oil and gas companies, announced on Wednesday that it expects to spend between $18.5 billion and $19.5 billion on new projects in 2024,…
oil and gas
-
-
Africa is at a crossroads as it faces a dilemma: to pursue its economic development through fossil fuels or to embrace a green energy transition. This is the main issue…
-
The Nigerian National Petroleum Company (NNPC) Limited has announced that it has started paying dividends to its shareholders for the first time in its history, following the enactment of the…
-
Nigeria has signed a memorandum of understanding (MoU) with Saudi Arabia to boost cooperation in the oil and gas sector. The MoU was signed at the Saudi-Arab-African Economic Conference in…
-
TotalEnergies, a global oil and gas company, has shown its commitment to developing its host communities in Nigeria by fully funding five trusts with $15 million. The trusts, known as…
-
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) escalated its regulatory enforcement last Friday, shutting down four filling stations in Cross River State due to non-compliance and operational malpractices.…
-
Uganda is set to reveal its energy transition plan at the upcoming 28th United Nations Climate Change Conference (COP28) in the United Arab Emirates. The ambitious strategy aims for carbon…
-
With Africa rich in oil and gas, it’s alarming that nearly 500 million people, or one-third of the continent, lack electricity access. To end this energy poverty, investments in Africa…
-
South Africa has given TotalEnergies, a French energy company, the go-ahead to drill for oil and gas in a block off its southwest coast. The decision comes after an appeal…
-
On the occasion of the 63rd anniversary of the Organization of Petroleum Exporting Countries (OPEC), established with foresight in Baghdad on September 14, 1960, Angola took the opportunity to emphasize…