GOIL PLC, the nation’s foremost indigenous and largest oil marketing company, has formally handed
over two renovated offices to the Department of Sociology at the University of Ghana, reaffirming the
company’s commitment to supporting quality and accessible education as part of its Corporate Social
Investment (CSI) agenda.
Kosmos Energy Ltd. (NYSE:KOS) announced Monday that it is extending the Early Tender Time and Withdrawal Deadline for its cash tender offer of up to $250 million aggregate principal amount of its outstanding 7.750% Senior Notes due 2027. The company stated that the new deadline for noteholders to submit tender instructions and remain eligible to receive the total consideration is now 5:00 p.m., New York City time, on January 28, 2026, moved from the previous deadline of January 26, 2026.
India’s liquefied natural gas importers are holding up some deals spanning decades as they push to lock in cheaper prices, hoping that a surge in supply will tilt negotiations in their favor.
Despite two decades of being handed preferential access to global markets, Nigeria remains trapped in oil dependence as many deals fail to deliver the much-needed diversification.
Libya has signed a 25-year oil development deal with TotalEnergies and ConocoPhillips, expected to generate more than USD 20 billion in foreign investment, Reuters reported on Saturday.
Libya’s energy sector is rebounding, attracting global investors and signaling a renewed commitment to production expansion, gas monetization and long-term partnerships. At the Libya Energy&Economic Summit (LEES) 2026 in Tripoli on Saturday, officials outlined a clear roadmap for growth, reform and regional collaboration.
Italian oil and gas major Eni has signed a binding agreement to sell a 10% stake in the Baleine offshore oil and gas project in Côte d’Ivoire to SOCAR, the State Oil Company of the Republic of Azerbaijan.
Italy’s Eni has signed a binding agreement to sell a 10% stake in the Baleine offshore oil and gas project in Côte d’Ivoire to SOCAR, the State Oil Company of the Republic of Azerbaijan. The deal reduces Eni’s operating stake to 37.25% while leaving it as project operator. Vitol retains a 30% interest and Côte d’Ivoire’s state oil company Petroci holds 22.75%.
TMC Compressors has been awarded a contract by COSCO Shipping Heavy Industry to deliver a complete marine compressed air system for SBM Offshore’s newbuild floating storage and offloading (FSO) unit, Chalchi. The FSO Chalchi is being constructed for deployment at the Trion deepwater oil field offshore Mexico. Under the contract, TMC will supply a medium-sized marine compressed air system, including […]
Shell may be considering leaving the Vaca Muerta shale play in Argentina, Reuters has reported, citing unnamed sources. Both a partial asset sale and a full exit are on the table, according to the report, with the deal or deals potentially fetching billions. The Vaca Muerta play is considered the second-largest shale oil and gas formation […]