The Supreme Court has ruled a local council should have considered the full climate impact of burning oil from new wells – a landmark decision which could put future UK oil and gas projects in question.
The future of new oil and gas projects in the UK has been thrown into doubt following a landmark decision by the Supreme Court.
Revenir Energy Inc., formerly known as Legacy Reserves Inc., has completed its exit from the market, concluding its process of monetizing its oil and gas assets and returning capital to its shareholders.
wners of a US$10-billion liquefied natural gas (LNG) project that has stalled with the bankruptcy of its main contractor are asking a court to immediately oust Zachry Indus-trial from the project, a court filing showed.
Aiteo Eastern Exploration and Production Company, AEEPCO, operator of the Oil Mining Lease, OML, 29 on Wednesday announced that the shutting of its Nembe Oilfields following a leak.
Nigeria’s total oil production increased marginally by 1.45 per cent in May 2024 to 1.46 million barrels per day, up from 1.44 million barrels per day in April.
German oil and gas company Wintershall Dea has made a discovery of gas, condensate and oil in an exploration well next to the Vega field in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.
Technip Energies, through its joint-venture TKJV LLP with KPSP, announced the signing of a long-term services frame agreement with Karachaganak Petroleum Operating B.V. (KPO) for the development of the Karachaganak oil and gas field onshore northwest Kazakhstan.
Recent discoveries fan the flames of African country’s hopes for triple oil production boost by 2027
While the search for hydrocarbons has been ongoing in certain parts of Africa for decades with varying degrees of success, a slew of new oil and gas discoveries has pushed the continent to the forefront of global exploration hotspots. Given its string of recent discoveries, one of the countries in West Africa, Cote d’Ivoire, is forecasting a threefold boost in its oil output over the next three years.
In a significant development towards transforming Ghana into a leading petroleum and petrochemical
hub in Africa, the Petroleum Hub Development Corporation (PHDC) has officially signed a US$12
billion agreement with TCP-UIC Consortium