Nigeria’s Dangote Group has offered a 30% stake in a planned refinery in Kenya to East African nations, a senior economic adviser to Kenya’s President William Ruto said.
Saudi Arabia has boosted its crude oil exports from Egypt’s Mediterranean port of Sidi Kerir by about 33% in the month since the Houthis threatened Saudi oil shipments in the southern Red Sea and the Bab el-Mandeb Strait, tanker-tracking data compiled by Bloomberg showed on Friday.
Iraq wants to more than double its oil production within six years. First, it needs OPEC to let it.
Baghdad is targeting output of between 8 million and 10 million barrels per day, up from roughly 4 million bpd before the Iran war, Prime Minister Ali al-Zaidi said Friday.
ExxonMobil Holdings Corp. has told Kazakhstan that the country’s top oil field is already on the cusp of peak output and its production will slump sharply in the coming decade.
The UK government is reportedly considering investment in additional LNG import capacity as domestic North Sea production declines, prompting criticism from industry and business groups over the country’s offshore oil and gas policies.
Iran said it discovered more than 7.5 trillion cubic feet of natural gas, after months of war with the U.S. and Israel seriously disrupted its energy sector.
Tanker traffic via the Strait of Hormuz remained weak over the weekend, with fewer than 20 vessels traversing the chokepoint as Iran and the United States traded threats again.
DNO ASA, the Norwegian oil and gas operator, is selling its entire Côte d’Ivoire business to Panoro Energy ASA, a London-based E&P company. The deal comprises an indirect 9.09% interest in the Ivorian offshore Block CI-27, which DNO ASA holds through its subsidiary, DNO CI LLC.
The Ghana National Petroleum Corporation (GNPC) has marked four decades of operations with a renewed focus on restoring petroleum production growth, expanding gas commercialisation, advancing exploration and strengthening its capacity to take on a greater operatorship role. The Corporation outlined these priorities at its 3rd Annual General Meeting, held at the Labadi Beach Hotel in […]
The Ghana National Petroleum Corporation (GNPC) is targeting a recovery in oil production, expanded gas commercialisation and increased exploration as it marks 40 years of operations. The Corporation outlined the priorities at its 3rd Annual General Meeting at the Labadi Beach Hotel in Accra. The meeting, held under the theme “40 Years of Resilience,” reviewed […]