BW Energy has confirmed the presence of liquid hydrocarbons in the Kudu license area in Orange basin offshore Namibia.
South Sudan said it had resumed oil shipments after attacks on energy facilities in neighboring Sudan disrupted activity.
Exxon Mobil and Abu Dhabi National Oil Co. are among several companies showing interest in acquiring international assets of the sanctioned Russian oil company Lukoil, Bloomberg reported. Reuters confirmed that Exxon is actively exploring options as well. Earlier, US energy giant Chevron and the investment firm Carlyle Group had already expressed interest in Lukoil’s overseas operations. While some potential buyers are reportedly […]
Energy Minister John Abdulai Jinapor has directed the Ghana National Petroleum Corporation (GNPC) and its subsidiary, GNPC Explorco, to step up exploration efforts and lead the national response to Ghana’s declining oil production.
Vice President Professor Naana Jane Opoku-Agyemang held a strategic meeting with Portage Energy, a global clean-energy firm specialising in sustainable waste management, waste-to-energy conversion, and Sustainable Aviation Fuel (SAF) production.
The Government of Ghana is considering a State-led takeover of Springfield Exploration and Production Limited’s (SEP) stake in the West Cape Three Points Block 2 (WCTP2) as part of efforts to safeguard declining petroleum assets and boost national oil production.
Turkey’s state energy company Turkiye Petrolleri AO plans to sell as much as $4 billion in Islamic debt as part of its push to expand oil and gas production, marking the firm’s first such international debt offering.
The role of UK technical and service collaboration in Africa’s energy future was underscored at the Wider African Energy Summit (WAES) in Aberdeen on Tuesday, where operators and industry leaders emphasized the strategic value of North Sea engineering, offshore delivery experience and workforce training for Africa’s next phase of growth.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large build of 4.4 million barrels in the week ending November 14. Crude oil inventories gained 1.3 million barrels in the week prior.
TotalEnergies SE agreed to buy a 50 percent stake in a portfolio of European power assets for about EUR 5.1 billion ($5.9 billion), expanding in the sector even as some major oil and gas peers retreat.