The Libyan National Assembly of Parties (LNAP) has levelled accusations against the Government of National Unity (GNU), alleging they ousted Oil and Gas Minister Mohammed Aoun to push through controversial oil agreements.
Eni, Fincantieri and RINA have signed an agreement to develop joint initiatives for the energy transition, the shipbuilding company announced in a press release.
Italian energy major Eni has renewed its membership in the MIT Energy Initiative (MITEI) as a founding member until the end of 2027. The company said in a media release that this step reaffirms its commitment to the field of low-carbon energy research.
The Nigerian federal government plans to adopt trucks and barges to transport crude oil to tackle pipeline vandalism.
This was contained in a document by the Nigerian Upstream Petroleum Regulatory Commission on “Stability in the Nigerian Energy Sector: Integrated Strategies for Infrastructure, Transportation and Security”.
Singapore onshore fuel oil inventories fell to a two-week low, driven by a fall in imports to the city state for the week ending 27 March, according to Enterprise Singapore data.
The Federal Government has adopted a virtual means of evacuation of crude oil that involves the utilisation of barges and trucks for the transportation of crude from the point of production to injection/storage points for eventual transportation to export terminals.
HOUSTON, April 1, 2024 /PRNewswire/ — Darcy Partners (“Darcy”), a leading provider of technology-focused market intelligence to the energy sector, recently announced awards for the Top Innovators across five key areas in the upstream Oil & Gas value chain.
Mitsui Oil Exploration Co., Ltd. (MOECO) and its business partners have made a final investment decision on the Vietnam Block B project, an integrated development project involving an upstream gas field and a pipeline to link it to a gas-fired thermal power plant complex.
The cut in oil production measure put in place by the Organisation of Petroleum Exporting Countries (OPEC+) towards the end of last year may be yielding the desired results.
Despite being blessed with abundant oil and gas resources, Wood Mackenzie, also known as WoodMac, a global provider of data and analytics for the energy sector, has said that Africa will account for only 6% of global upstream investment over the next ten years, noting that the Continent’s production will drop from a projected 12.4 million Barrels of Oil Equivalents Per Day (BOEPD) in 2024, to 10.1 million in 2033 due to under-investment.