Yinson Production, the Singapore-based unit of Malaysian energy infrastructure group Yinson Holdings, will open an office in Namibia in January 2026 to tap into the country’s burgeoning oil and gas sector.
Italy’s Eni has completed the sale of a 49.99% stake in its carbon capture subsidiary Eni CCUS Holding to Global Infrastructure Partners, the company said on Thursday.
Japan Petroleum Exploration Co., Ltd. (JAPEX) has approved the acquisition of U.S. tight oil and gas assets through the purchase of all equity interests in Verdad Resources Intermediate Holdings LLC, marking a significant expansion of its North American upstream portfolio.
Egypt’s multibillion-dollar natural gas deal with Israel is “purely commercial” and has no bearing on its support for Palestinian rights, a government spokesman has said.
Government has assured investors that Ghana’s upstream petroleum sector remains a safe and attractive destination for investment, as it rolls out reforms across both the upstream and downstream segments to enhance stability in the energy and power sectors.
Sharjah National Oil Corporation (SNOC) has signed an agreement with SAP to adopt RISE with SAP, marking a major milestone in its corporate drive toward advanced modernization within the energy sector. The initiative supports Sharjah’s long-term strategy to enhance operational excellence and sustainability under the leadership of H.H. Sheikh Sultan bin Ahmad Al Qasimi, Deputy Ruler of Sharjah and President of SNOC.
Canada has announced rules that have been promised for years to reduce methane emissions in the country’s oil & gas sector.
Oil and gas consumption increased in Ireland last year amid the country’s sluggish switch from fossil fuels to clean energy.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw yet another large draw, this time of 9.3 million barrels in the week ending December 12. Crude oil inventories shrank by 4.8 million barrels in the week prior.
Nigeria’s richest man Aliko Dangote escalated his fight with regulators on Sunday, accusing them of enabling cheap fuel imports that threaten local refineries.
Nigeria is Africa’s biggest oil producer, but relies heavily on imports, and Dangote’s refinery was meant to change that.