Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri talks to The Energy Year about Nigeria’s progress towards its 2.5 million bopd production target as the country introduces reforms to lower upstream operating costs, attract investments and expand the participation of host communities in oil and gas projects.
U.S. Department of the Interior has reached agreements with two offshore wind developers to terminate lease positions and redirect capital into conventional energy projects, marking a notable shift in U.S. energy policy and investment flows.
The Government of Canada has unveiled a $25-billion sovereign investment vehicle aimed at accelerating large-scale energy and infrastructure projects, signaling increased federal support for oil, gas and LNG development.
ADNOC Logistics & Services plc has taken delivery of its sixth new-build liquefied natural gas (LNG) carrier, expanding its shipping capacity as global demand for gas transportation remains strong.
Halliburton has been awarded a contract by Greenland Energy Company to deliver integrated services for a planned 2026 onshore drilling campaign in Greenland’s Jameson Land basin.
Shell plc has agreed to acquire ARC Resources Ltd. in a deal valued at approximately $13.6 billion, or approximately $16.4 billion including debt. The deal significantly expands Shell’s position in Canada’s Montney shale and boosts long-term oil and gas production.
Let me show you how ExxonMobil is no longer an investor in Guyana, but is instead using Guyana’s own oil to enrich itself, while the country is left waiting, and the politicians remain silent.
International Energy Agency chief Fatih Birol says the Iran war has permanently changed the fossil fuel industry and will accelerate a shift toward renewables, nuclear power and electrification at the expense of oil demand.
Nigeria’s government has approved Eni to proceed with the USD 7.3-billion Zabazaba deepwater project and the USD 3-billion Etan field development, Africa Energy Council reported on Thursday.
Funds managed by alternative asset manager Apollo have agreed to acquire a 40% stake in Canada’s Pembina Gas Infrastructure (PGI) from KKR, Apollo announced on Thursday.