oil and gas

Oil and gas giants are paying out more money than ever to shareholders, but that’s not enough to restore their appeal in a world shifting to cleaner energy sources. The …

Savannah Energy PLC has postponed its acquisition of oil and gas assets in South Sudan from Petronas for the third time, as it faces challenges from the pandemic, climate change, …

Shell, one of the world’s largest energy companies, is close to finalizing the sale of its Nigerian onshore subsidiary, SPDC, to a local consortium for $2.4 billion. The deal, which …

Chevron, one of the world’s leading energy companies, has expressed its interest in partnering with Nigeria to unlock further oil and gas potential, tapping into the nation’s “tremendous human capacity”. …

A Ukrainian drone attack on a Russian oil and gas facility in the Baltic Sea has triggered a huge blaze and disrupted fuel exports to international markets. The Ust-Luga complex, …

Algeria is in talks with the U.S. oil giant ExxonMobil to boost its oil and gas output, according to an energy ministry statement on Tuesday. The statement said that a …

Chevron, one of the world’s largest oil and gas companies, announced on Tuesday that it expects to take a massive hit of up to $4 billion in the fourth quarter …

Harbour Energy, the biggest producer in the UK North Sea, has announced an $11.2 billion acquisition of German oil and gas firm Wintershall DEA. The deal, expected to close in …

Harbour Energy, the UK’s largest oil and gas producer, has announced a landmark deal to acquire most of the assets of Germany’s Wintershall Dea, creating one of the world’s biggest …

The Health and Safety Executive (HSE) has slapped Apache with an improvement notice for its poor maintenance of the flaring system on its Beryl hub in the North Sea. The …