Engineers India Limited (EIL) has traveled one of the most remarkable growth journeys in India’s engineering and project management sector. Founded in 1965 with the vision of supporting India’s oil and gas infrastructure, EIL has transformed over six decades into a global engineering powerhouse delivering world-class solutions across energy, infrastructure, environment, and advanced technologies. From its early […]
Equinor ASA and Shell PLC have completed the combination of their oil and gas operations on the United Kingdom’s side of the North Sea. Launched Monday, Adura, the 50-50 joint venture, “will be the UK North Sea’s largest independent producer”, Norway’s majority state-owned Equinor said in an online statement. Adura includes Equinor’s 29.89 percent stake […]
Africa stands at a crossroads in the flow of global energy dynamics — a pivotal moment where the continent can leverage its abundant fossil fuel resources for equitable development. To ensure this outcome, stakeholders must concentrate investment on key areas like refining capacity, trading networks, and adoption of cleaner fuels if Africa is to be […]
Ghana has rolled out substantial tax incentives and financial guarantees to attract domestic and international investment in its ambitious 60 billion dollar petroleum hub project in the Western Region.
Roald is a highly experienced oil and gas executive with extensive commercial knowledge of the energy industry in Africa including business development, M&A, and in oil markets, specifically financing, hedging, and trading. In 1994, he joined Trafigura Group as an executive where he had an integral role in the development of the group’s oil trading activities, primarily in West Africa. In 2006, he founded his own company, Delaney Petroleum Ltd, trading crude oil and petroleum products predominantly in West Africa and the Middle East. He then returned for a three-year term with Trafigura Group in Geneva and remained an advisor at the company until the end of 2021.
Brian Unietis, lead country manager for ExxonMobil Angola, talks to The Energy Year about the strategic redevelopment of Block 15 to support Angola’s 2030 oil output goals and the company’s use of advanced technologies to extend asset life and improve efficiency. ExxonMobil Angola explores for and produces oil and gas, operating one of the country’s […]
Swiss commodity trading major Gunvor is considering asset purchases in the U.S. oil and gas space, Reuters has reported, citing unnamed sources, in a bid to build a better relationship with the Trump administration. President Trump called Gunvor a “Russian puppet” after the Swiss company made a bid for the international business of Russian oil […]
Azule Energy, a 50-50 venture between BP PLC and Eni SpA, and its New Gas Consortium (NGC) partners have put into service a natural gas treatment facility with a capacity of about 400 million standard cubic feet of gas a day and 20,000 barrels of condensate per day in Soyo, northern Angola. The plant processes […]
ADNOC Gas PLC has signed a long-term deal worth $3.5-4.2 billion to supply natural gas to Emsteel. “The 20-year agreement, effective January 1, 2027, secures a stable and reliable supply of lower-carbon natural gas to power Emsteel’s operations and future growth”, a joint statement said. Emsteel chief executive Saeed Ghumran Al Remeithi said the contract […]
Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion, putting dividend payments in doubt at a time of lower oil prices. Shares fell. The state-controlled oil producer is caught between the government’s desire to grow the economy – especially ahead of a 2026 presidential election – and investors who […]