North Sea-focused independent E&P company Waldorf Production has inked a deal to buy the entire share capital of Alpha Petroleum, an upstream oil and gas company focusing on the UK North Sea, from Shorelight Partners.
Norway’s energy ministry has approved three development projects to increase gas output on the Norwegian Continental Shelf
Germany is in negotiations with some of the world’s top liquefied natural gas suppliers
Brent crude futures for September had fallen US$1.81 to US$105.29 a barrel by 0633 GMT, while U.S. West Texas Intermediate crude for August delivery was at US$102.14 a barrel
The Ghana Chamber of Bulk Oil Distributors has announced the appointment of Dr. Patrick Kwaku Ofori as its new Chief Executive Officer
Having been thrust to the front lines of a climate crisis we did not cause, Africans have long urged rich countries to wean themselves off fossil fuels and slash their greenhouse-gas emissions
Driven by fears that Russia may cut supply to Europe, the EU imported more LNG from the U.S. than pipeline gas from Russia for the first time ever
The West African Gas Pipeline Company Limited (WAPCo) operator of the West African Gas Pipeline (WAGP) has celebrated its 10-year anniversary of commercial operations
Oil prices dropped eight per cent yesterday falling back below $100 per barrel for the first time since May as some experts warn that prices could fall to as low as $60 per barrel by the end of the year if an economic downturn significantly curtails demand.
Oil prices were steady on Thursday after steep losses in the previous two sessions, as investors returned their focus to tight supply even as fears of a global recession persisted.