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JERA deepens Australian LNG foothold with larger stake in Chevron’s project

Japan’s power generation major JERA has locked in majority control of Pan Pacific Energy, upgrading its indirect stake in Australia’s liquefied natural gas (LNG) project in a strategic play to shore up long-term energy security for Japan. JERA has strengthened its indirect participation in the Chevron-operated Wheatstone LNG project by acquiring all shares held by […]

Shell, Chevron sign exploration MoU as Petrobras eyes Ghana’s oil blocks

Shell and Chevron have signed a memorandum of understanding to explore opportunities in Ghana’s Eastern Keta Basin, Ghana Investment Promotion Authority (GIPA) CEO Simon Madjie has said. Brazil’s Petrobras has also expressed interest in the country’s oil acreage and blocks, adding to activity in the petroleum sector. Speaking on Joy News’ PM Express Business Edition […]

Angola signs new deepwater exploration deals with Shell, Chevron, TotalEnergies

Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) has signed a series of offshore exploration agreements with Shell, Chevron, TotalEnergies and other international operators covering deepwater blocks across the Kwanza and Congo basins. ANPG signed risk-service contracts for deepwater Blocks 19, 34 and 35 with Shell, Equinor and Sonangol E&P. The agreements establish terms […]

Chevron, Shell sign preliminary agreement with Ghana as country reviews oil and gas sector

Oil majors Shell (SHEL.L), opens new tab and Chevron (CVX.N), opens new tab have signed a non-binding agreement for the acquisition of production ​rights over Ghana’s South Deepwater Tano Cape Three Points ‌oil and gas block, Ghana’s energy minister said. The memorandum of understanding with Ghana National Petroleum Corporation, signed on Tuesday, comes as ​the […]

Venezuela oil reforms draw new investment from Eni, Chevron, GeoPark

Venezuela’s energy sector is entering a period of significant commercial change, with a reworked hydrocarbons framework beginning to translate into new agreements with international energy companies. Venezuela is moving from regulatory reform toward implementation. In January 2026, the country enacted a reform of its Organic Hydrocarbons Law, introducing new contractual mechanisms for primary hydrocarbon activities […]

Ghana Expands Oil Exploration After Shell And Chevron Inks MoU For South Deepwater Tano block

Ghana has moved further to deepen its oil exploration with the endorsing of a Memorandum of Understanding (MoU) with Shell and Chevron covering exploration and production rights over the South Deepwater Tano Cape Three Points block. The MoU includes the appraisal of the existing Nyankom discovery as the country seeks to revive upstream investment. The agreement […]

Ghana signs preliminary deal with Shell and Chevron

The Government of Ghana, the Ghana National Petroleum Corporation (GNPC) and GNPC Explorco have signed a non-binding memorandum of understanding with Shell and Chevron. The MoU covers the South Deepwater Tano Cape Three Points block offshore Ghana’s Western Region. As reported by Reuters, the agreement was signed in Accra on September 1, 2026, at the […]

Chevron, Shell sign preliminary agreement with Ghana as country reviews oil and gas sector

Oil majors Shell and Chevron have signed a non-binding agreement for the acquisition of production rights over Ghana’s South Deepwater Tano Cape Three Points oil and gas block, Ghana’s energy minister said. • The memorandum of understanding with Ghana National Petroleum Corporation, signed on Tuesday, comes as the West African country looks to encourage investment […]