A landslide in the Amazonian province of Napo, which caused the Marker River Bridge to collapse, forced the shuttering of Ecuador’s two principal oil pipelines five days ago.
Nigeria’s rig count has been growing since the last quarter of last year and crude oil production has also been on the rise on the back of aggressive exploration and improved security in the Niger Delta. OPEOLUWANI AKINTAYO examines the impact these recent developments would have on the country’s economy Nigeria’s oil rig count has maintained an […]
Calgary-based Baytex Energy Corp. announced on Tuesday that is has agreed to acquire Eagle Ford Shale pure play Ranger Oil Corp. for $2.5 billion, including net debt of $650 million.
Saipem has been awarded by the Joint Venture Eni Côte d’Ivoire Ltd. and Petroci a drilling contract offshore the Ivory Coast worth 400 million USD. This value is to be considered gross of the leasing costs of the Deep Value Driller vessel that will be used for the operations.
Norwegian major acquires Wellesley Petroleum’s interests in Troll, Fram and Kvitebjorn area of the Norwegian North Sea
Natural gas flaring is a significant contributor to greenhouse gas emissions and environmental concerns.
Official documents seen by JOY NEWS show that the vessel alleged to have shipped 600,000 barrels of Russian crude oil to Ghana had its port of loading in Kazakhstan.
A French court has rejected a demand to suspend a controversial oil and gas project largely owned by energy giant TotalEnergies in East Africa. But a lesson could be drawn from the verdict.
A French court has rejected a demand to suspend a controversial oil and gas project largely owned by energy giant TotalEnergies in East Africa. But a lesson could be drawn from the verdict.
TotalEnergies has agreed to acquire the United Arab Emirates upstream assets of Compañía Española de Petróleos, S.A.U. (CEPSA).