Weeks of fuel scarcities in Nigeria are compounding a cost-of-living crisis, with the state-run oil company acknowledging “financial strain” was hampering supplies.
As part of its efforts to address climate change and reduce greenhouse gas emissions, Nigeria has been focusing on methane mitigation in its oil and gas sector. This factsheet provides a summary of key strategies and initiatives aimed at reducing methane emissions in the sector. The factsheet is based on the landscape mapping conducted in APRI’s earlier publication titled ‘Methane Mitigation and Reduction Mapping Report in Nigeria’s Oil and Gas Sector,’ which provides an overview of methane mitigation and reduction efforts in Nigeria’s oil and gas industry.
President Joko Widodo expressed his desire to build an oil refinery in Ghana. This was revealed by Jokowi during a bilateral meeting with Ghanaian President Nana Addo Dankwa Akufo-Addo in Casablanca Room, Mulia Hotel Nusa Dua Bali, on Monday, September 2, 2024.
Mazoon Petrogas, a subsidiary of Petrogas E&P, along with its partner China National Petroleum Corporation (CNPC), has signed an agreement with the Ministry of Energy and Minerals for the exploration and production of oil and gas in Oman’s Block 15 concession area.
ExxonMobil has joined the global Opec cartel in crossing swords with the International Energy Agency (IEA) and the global net zero movement on what is set to be a critical controversy. That is, how sharply can we cut demand for oil and gas without inflicting widespread economic harm on the path to net zero carbon emissions by 2050?
Crude oil arrivals in the world’s top-importing region, Asia, appear to have rebounded in August from a two-year low in July.
BP, Chevron, ExxonMobil, Equinor, Shell, and TotalEnergies among those funding industry-backed scheme to accelerate efforts to curb emissions from oil and gas projects
Since the late 1930s, the offshore industry has advanced from the first platform in 14 ft of water to the ultradeepwater 20K era. Driven by seismic, drilling, and development breakthroughs, the industry has pushed into deeper waters, high-pressure reservoirs, and new frontiers like Guyana, continually expanding the limits of offshore exploration.
Fueled by a strong performing oil and gas sector, which has seen increased production and earnings, Guyana’s real economy grew by an estimated 49.7% in the first half of this year, according to the Ministry of Finance’s Mid-Year report.
The South African Department of Mineral Resources and Energy (DMRE) has issued an invitation for written comments on a proposed investigation under Section 50 of the Mineral and Petroleum Resources Development Act (MPRDA), 2002. This announcement, published in the Government Gazette on Friday, puts the Karoo Basin in the spotlight for Minister Gwede Mantashe’s plans to develop the country’s gas economy.