In a statement posted on its website recently, 80 Mile Plc announced that an independent petroleum reserves and resources evaluation identified “13 billion barrel potential” at Jameson Land Basin in Greenland. “80 Mile plc … notes the recent announcement … by its U.S. joint venture partner, March GL Company and Pelican, regarding the results of an independent assessment and […]
SM Energy Co. and Civitas Resources Inc. have agreed to merge in an all-stock transaction valued at approximately $12.8 billion, creating one of the largest independent oil-focused producers in the United States. Under the terms of the agreement, Civitas shareholders will receive 1.45 shares of SM Energy common stock for each Civitas share. Upon completion, […]
bp plc reported operating cash flow of $7.8 billion and underlying replacement cost profit of $2.2 billion for the third quarter of 2025, reflecting stronger upstream performance and improved refining margins across its global portfolio. Chief Executive Officer Murray Auchincloss said bp delivered “another quarter of good performance across the business,” highlighting continued operational strength, cost […]
Thierry Lepercq, Founder and President of HyDeal Ambition – a platform uniting 30 companies across the entire green hydrogen value chain – will speak at the MSGBC Oil, Gas & Power 2025 conference and exhibition, taking place from December 8–10 in Dakar, where the company will also participate as a Strategic Partner. Building on its […]
Kosmos Energy Ltd. (KOS) Q3 2025 Earnings Call November 3, 2025 11:00 AM EST Company Participants Jamie Buckland – Vice President of Investor RelationsAndrew Inglis – Chairman & CEONeal Shah – Senior VP, Chief Commercial Officer & CFO Conference Call Participants Matthew Smith – BofA Securities, Research DivisionBob Brackett – Sanford C. Bernstein & Co., […]
The Indian Government has welcomed the elevation of bilateral ties with Ghana to the level of a comprehensive partnership, promising to assist the country for a successful energy transition. Mr Manish Gupta, the Indian High Commissioner, said the authorities would work jointly under the new partnership framework, sharing development experiences and technology transfer to achieve […]
Gas is driving Ghana’s industrial transformation – and Stanbic Bank Ghana is at the centre of it, financing the infrastructure that powers its progress.
The KM250 project adds 250 million standard cubic feet per day (MMscf/d) of new processing capacity, boosting Khor Mor’s total output to 750 MMscf/d—a 50% increase. The expansion will significantly strengthen power generation across the KRI and contribute to Iraq’s broader electrification goals by delivering cleaner-burning natural gas to regional power plants.
Shale Gas Market Expands Rapidly with Rising Energy Demand and Technological Advances
The Dangote Petroleum Refinery has announced a major production milestone, achieving a combined daily output of 70 million litres of petrol and diesel, 45 million litres of petrol and 25 million litres of diesel, surpassing Nigeria’s domestic fuel demand.