Equinor, ExxonMobil, Occidental Petroleum and Schlumberger are examining how their technology could be used to process lithium.
Equatorial Guinea, a small nation located on the west coast of Central Africa, has been steadily emerging as a significant player in the global energy market.
Crude oil demand is set to rise to 110 million barrels daily by 2045, which would be a 23% increase from current levels.
The assurance is contained in a statement issued on 24 June under the hand of both the board of directors and the management of TOR
Trillion Energy International has announced recompletion of the West Akcakoca-1 gas well resulting in an increase of production to 5.3 MMcf/d at the SASB gas field, offshore Turkey. Two additional gas bearing intervals, 3,561.5 to 3,564.5 metres MD (measured depth) and 3,498.5 to 3,501.5 metres MD, for a total of 6 metres were perforated and put onto production at about 5.3 […]
It was meant to be an arrangement by which Nigeria swapped crude oil for refined petroleum products but now it has emerged the country has accumulated up to $3 billion in debts owed to trading houses such as Vitol and oil majors like BP for fuel supplies.
A glut of unsold Nigerian oil has built up again with as much as half of output due to be loaded next month still searching for buyers.
China’s longest deepwater oil and gas pipeline has entered the final stage before operation, following the completion of work on laying the submarine long-distance pipeline in waters off South China’s Hainan Province on Saturday, according to China Media Group (CMG).
Energy market reforms in Guyana have been gaining momentum in recent years, as the country seeks to diversify its energy sources, reduce its dependence on imported fossil fuels, and promote sustainable development.
Tullow and the Jubilee Partners are working to increase daily average production to over 100,000 barrels of oil per day (bopd) from the Greater Jubilee Field during the second half of 2023, when the Jubilee South-East (JSE) Area development is up and running.