Europe’s gas storage is full, but rising winter demand and Asian market competition could drive prices up.
Oil markets are now fully focused on the upcoming OPEC+ meeting, with reports that the group may deepen cuts being counteracted by an apparent lack of unity amongst OPEC members on the issue.
Africa’s oil production is set for a gradual decline in 2024, the African Energy Chamber said in a new report on the industry this weekend.
Indigenous oil firm Seplat is now moving towards achieving its expansion goal with more asset acquisition as the federal government appears ready to resolve the impasse that almost denied the firm a deal with ExxonMobil.
The Nigerian economy depends significantly on the oil and gas sector. Despite persistent challenges, recent technological advancements, including robotics, advanced instrumentation, drones, and rapid progress in artificial intelligence solutions, are bringing about a transformative era for the industry. This article explores the potential of these cutting-edge technologies to enhance sub-surface production monitoring, enabling real-time measurement, and ensuring the secure transportation of produced volumes across an extensive network of pipelines and surface installations in a bid to contribute to the enhancement of Nigeria’s economic prosperity through technological innovation.
he Federal Government has lost an estimated $16tn to natural gas flaring in 10 years, a report obtained by The PUNCH on Monday has shown.
Polish oil and gas firm Orlen has provisionally chartered a supertanker to load Venezuelan oil for China, according to a shipbroker and tracking data, following a temporary easing of US sanctions on the South American country.
Saudi Arabia’s new natural gas discoveries are no threat to Nigeria’s LNG business. This is according to Kayode Oluwadare, the Regional Energy Partner at Energy Compact.
The Chief Executive Officer of Pecan Energies Ghana Limited, Ms. Kadijah Amoah, has been adjudged the ‘Female Energy Personality of the Year’ at the 2023 Ghana Energy Awards.
WoodMac: as the energy transition progresses, refineries face an increasingly Darwinian battle for existence.