While big tech has stolen the headlines, big energy has been the real winner of the past three years.
Tullow Oil is yet to make much headway in its search for a strategic partner, which remains one of the key aspects needed to move Kenya’s oil project forward.
Kenya’s dream of joining the oil exporters club petrodollar remains intact and is just awaiting a revision of the Field Development Plan (FDP), with commercial exports expected in 2028, according to oil giant Tullow.
The Guyanese Government says it intends to implement later this year, an oil and gas data repository that will enable the country to consolidate all historical and current petroleum data in a centralised local facility.
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) is positioning itself for a major breakthrough in Namibia’s burgeoning energy sector, led by an oil and gas veteran.
The federal government yesterday disclosed that the recent reforms embarked upon by the Bola Tinubu administration had led to the takeoff of the $550 million upstream gas project, a deal between the Nigerian National Petroleum Company Limited (NNPC) and TotalEnergies.
Oil stares at a bleak future as China’s economy sputters. The good news: A market ‘bust’ is unlikely
As the world’s oil traders and analysts gathered at the annual Asia Pacific Petroleum Conference in Singapore last week, the slump in oil and where it was headed was foremost in everybody’s mind.
The fossil fuel sector is on track to miss 2050 net-zero targets by a wide margin, according to an analysis of data from S&P Global’s Sustainable1 unit.
(THE CONVERSATION) On a recent visit to Rangely, a small town in northwest Colorado, my colleagues and I met with the administrators of a highly regarded community college to discuss the town’s economy. Leaving the scenic campus, we saw families driving into the mountains in off-road vehicles, a favorite activity for this outdoors-loving community. With a median household income above US$70,000 and a low cost of living, Rangely does not have the signs of a town in economic distress.
Petrobras is set to emphasise upstream oil and gas operations in its forthcoming 2025-29 strategic plan, reported Reuters, citing the company’s CFO Fernando Melgarejo.