BW Offshore has completed the Interim Performance Test (IPT) for the BW Opal FPSO, marking a key commissioning milestone for the Santos-operated Barossa LNG project offshore northern Australia.
International Petroleum Corp. (IPC) has achieved first oil at Phase 1 of its Blackrod thermal oil sands project in Alberta, with production beginning ahead of schedule and on budget.
The Ghana National Petroleum Corporation (GNPC) is seeking strategic partners to help develop the Volta Basin, a vast onshore sedimentary basin estimated to hold more than 11 billion barrels of oil equivalent resources.
Global Oil Giants Knocking Ghana’s Doors for Oil Blocks, But Slow Review of Sector Laws Barring Them
Dr. Kwabena Donkor warns that delays in reviewing Ghana’s petroleum laws are deterring major oil investors, including Chevron and ExxonMobil. He urges urgent reforms to restore competitiveness, attract upstream investments, and reclaim leadership from Côte d’Ivoire.
Venezuela signed five agreements with Shell on Thursday to advance oil and gas projects, including the first phase of development of the mothballed Loran offshore gasfield.
U.S. Energy Secretary Chris Wright just gave the market a number that helps explain why Brent crude isn’t trading at $150 per barrel.
A liquefied natural gas tanker has headed for the Strait of Hormuz, following an announcement by President Trump that he had struck a deal with Iran for the reopening of the chokepoint. Itan confirmed the preliminary agreement.
Oil prices plunged in early Monday trading in Asia after the U.S. and Iran announced a deal to reopen the Strait of Hormuz more than 100 days after its closure.
The U.S. and Iran say they have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and potentially ending a conflict that disrupted global energy markets and raised concerns over oil supplies.
Julius D. Rone, group managing director and CEO of UTM Offshore, talks to The Energy Year about progress under Nigeria’s Decade of Gas initiative and how shifting energy-security priorities are creating opportunities for African energy investments.