The Ministry of Energy and Energy Industries has confirmed that representatives from several energy sector stakeholder groups continue to provide hands-on expertise to remediate the hydrocarbon discharge off the coast of Cove, Tobago.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said the 51 field development plans it approved within the space of one year should attract an investment inflow of $17.64 billion. The Chief Executive, NUPRC, Engr. Gbenga Komolafe, made this known while delivering the keynote speech during the Nigerian Petroleum Producers Forum panel at the ongoing 7th Nigeria International Energy Summit (NIES) on Wednesday in Abuja.
President Nana Akufo-Addo says that the Gold for Oil Programme worked well, significantly lowering forex constraints on bulk energy storage, transportation, and imports.
Senior representatives from Eni, Exmar and the project partners gathered yesterday with Congolese institutions to celebrate the successful start-up of LNG production and the first shipment of LNG from the Republic of the Congo. This milestone completes the implementation of the first phase of Eni-operated Congo LNG project.
While projects offshore Cyprus and Israel advance, Lebanon’s latest licensing round follows news that Eni, TotalEnergies, and QatarEnergy drilled a dry hole on Block 9 near the country’s maritime border with Israel.
Eni SpA (E) is around the middle of the Energy sector according to InvestorsObserver. E received an overall rating of 87, which means that it scores higher than 87% of stocks. Additionally, Eni SpA scored a 63 in the Energy sector, ranking it higher than 63% of stocks in that sector.
Despite escalating geopolitical risks, concerns over global demand have offset any price support, which, in turn, has affected the Zacks Oil and Gas – Exploration and Production – United States industry.
CALGARY – The industry group representing Canada’s oil and gas producers says capital investment in the sector will edge slightly higher in 2024.
About 1,068 oil and gas projects approved between 2022 and 2023 that are currently ongoing across the country are to attract a total of $22.8bn, the Federal Government announced on Wednesday.
The Nigeria Upstream Petroleum Regulatory Commission has said that about 1,068 oil and gas projects approved between 2022 and 2023 that are currently ongoing across the country are to attract a total of $22.8bn.