Increased windfall taxes on the UK’s offshore oil and gas industries would cost the economy about £13bn over the next five years and lead to a fall in tax receipts.
SHELL is slashing around 20% of jobs in its integrated gas and upstream business as part of restructuring aimed at scaling back oil and gas production.
Every episode of the late-1970s/early-1980s cult spoof TV soap-opera series, ‘Soap’, began with the recounting of a bizarre series of events followed by the phrase, ‘Confused? You won’t be after this week’s episode’. The events behind every single oil shutdown in Libya that has occurred since the removal of long-time leader Muammar Gaddafi in 2011 make the introductions to ‘Soap’ seem as clear as crystal.
Senegal’s decision to set up a commission to re-examine its oil and gas contracts has been greeted with calls for transparency by energy industry insiders.
Chief Executive Officer-Ghana Investment Promotion Authority (GIPC), Yoofi Grant, has raised concerns about the harassment of foreign-owned businesses by tax officers from Ghana Revenue Authority (GRA).
Non-profit organisation Climate Rights International (CRI) urges banks, financial institutions, and insurers to decline to provide further support for Uganda’s Kingfisher oil project.
Weeks of fuel scarcities in Nigeria are compounding a cost-of-living crisis, with the state-run oil company acknowledging “financial strain” was hampering supplies.
As part of its efforts to address climate change and reduce greenhouse gas emissions, Nigeria has been focusing on methane mitigation in its oil and gas sector. This factsheet provides a summary of key strategies and initiatives aimed at reducing methane emissions in the sector. The factsheet is based on the landscape mapping conducted in APRI’s earlier publication titled ‘Methane Mitigation and Reduction Mapping Report in Nigeria’s Oil and Gas Sector,’ which provides an overview of methane mitigation and reduction efforts in Nigeria’s oil and gas industry.
President Joko Widodo expressed his desire to build an oil refinery in Ghana. This was revealed by Jokowi during a bilateral meeting with Ghanaian President Nana Addo Dankwa Akufo-Addo in Casablanca Room, Mulia Hotel Nusa Dua Bali, on Monday, September 2, 2024.
Mazoon Petrogas, a subsidiary of Petrogas E&P, along with its partner China National Petroleum Corporation (CNPC), has signed an agreement with the Ministry of Energy and Minerals for the exploration and production of oil and gas in Oman’s Block 15 concession area.