Sonatrach and Sinopec International Energy Investment (HK) Holding have signed a hydrocarbons PSC worth USD 850 million for exploration and development in Algeria, the Algerian NOC announced.
The Minister of Energy and Green Transition, John Abdulai Jinapor, acting on the orders of President John Dramani Mahama, has withdrawn the controversial Unitisation Directives imposed by the Akufo-Addo government on April 9, 2020, October 14, 2020 and November 6, 2020
Last week, U.S. President Donald Trump unveiled the National Energy Dominance Council that is tasked with enhancing America’s energy security and cutting reliance on foreign entities.
Iraq is committed to increasing investment in its gas sector as a key driver for economic growth, according to Oil Minister Hayan Abdul Ghani recently.
Global LNG demand will increase by around 60% by 2040, driven by economic expansion in Asia, emissions reductions in heavy industry and transport, and the growing impact of AI, Shell has forecast in its LNG Outlook 2025.
Eni has signed three collaboration agreements with Emirati companies to develop data centres, enhance renewable energy transmission between Albania and Italy, and strengthen critical minerals supply chains, the Italian company said on Monday.
SBM Offshore N.V. has posted record directional revenue for 2024, as well as increases in earnings before interest, taxes, depreciation, and amortization (EBITDA) and net profit.
bp today reached agreement on all contractual terms with the Government of the Republic of Iraq to invest in several giant oil fields in Kirkuk providing for the rehabilitation and redevelopment of the fields, spanning oil, gas, power and water with potential for investment in exploration.
Woodside Energy Group Ltd. is preparing to give the go-ahead for its Louisiana LNG project as Australia’s biggest natural gas producer looks beyond its core markets in Asia.
Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output.