The Public Interest and Accountability Committee (PIAC) is advising the government to promote a very business-friendly regulatory environment in the upstream petroleum sector to attract foreign investors.
Oil rebounded on Thursday, with Brent crude topping US$93 a barrel for the first time this year, as expectations of a tighter supply outlook for the rest of 2023 overshadowed concerns over weaker economic growth and rising U.S. inventories.
Dutch commodities trading firm Vitol is selling A$714 million ($459 million) worth of shares in Australian fuel retailer Viva Energy (VEA.AX) in a block trade on Tuesday, a term sheet seen by Reuters showed.
When JP Morgan Chase CEO Jamie Dimon speaks, the world tends to listen. He warned investors that the world may be grappling with one of the most dangerous periods in decades as we see the Israel-Hamas conflict evolve.
Africa has been substantially impacted by natural disasters, which are set to increase in severity and frequency.
(Bloomberg) – Norway’s oil and energy ministry will streamline its name as the country looks beyond the hydrocarbons that today account for about a quarter of gross domestic product.
In a key move to revitalise the Nigerian economy, the Senate Committee on Upstream Petroleum led by Senator Etang Williams, conducted an inspection tour at the Kaztec Engineering Facility in Lagos.
Oil is on track to be the largest export item for the United States this year for the first time in history, highlighting the growing influence of U.S. oil production and exports on the global oil market.
Saudi Arabia has big plans to decarbonise its economy through the diversification of its energy sector, investing significantly in clean technologies and introducing commercial-scale carbon capture systems in its oil and gas operations
Will Russian President Vladimir Putin finally be able to secure a Chinese commitment on an ambitious natural gas pipeline project that could transform energy flows across Asia?