Eni SpA and Egypt’s Bioenergy Association for Sustainable Development, affiliated with the Environment Ministry, signed Monday an agreement for a feasibility study on biogas production in the North African country using animal and agricultural waste.
Gabon Oil Company (GOC) is emerging as a key growth engine in Central Africa’s hydrocarbons scene. Through strategic acquisitions, disciplined operations and a renewed exploration drive, the national oil company is positioning itself as both a production stabiliser and a catalyst for future energy expansion.
In an oil and gas report sent to Rigzone by the Macquarie team late Monday, Macquarie strategists, including Walt Chancellor, revealed that they are forecasting that U.S. crude inventories will be down by 2.4 million barrels for the week ending October 24.
The company on Wednesday announced a new midterm management plan spanning fiscal years 2026 and 2028, with the goal for dividends to reach 140 yen ($0.92) per share by the end of the period. That compares with its 100 yen dividend for the current fiscal year.
The world’s biggest oil companies are expected to press ahead with plans to accelerate production growth when they report earnings this week, despite weak crude prices and higher supplies from OPEC and its allies.
An Aframax tanker carrying Russian crude to India has reversed course soon after leaving the Russian coast and is currently idling in the Baltic Sea, Kpler has reported, as cited by Bloomberg. The crude on board comes from Rosneft, which the U.S. sanctioned a week ago.
The Ghana Upstream Petroleum Chamber is a non-profit upstream petroleum organisation which aims to achieve long term success of the upstream petroleum industry in Ghana.