Africa’s oil production is set for a gradual decline in 2024, the African Energy Chamber said in a new report on the industry this weekend.
he Federal Government has lost an estimated $16tn to natural gas flaring in 10 years, a report obtained by The PUNCH on Monday has shown.
Saudi Arabia’s new natural gas discoveries are no threat to Nigeria’s LNG business. This is according to Kayode Oluwadare, the Regional Energy Partner at Energy Compact.
This year’s Local Content Conference and Exhibition (LCCE), organised by the Petroleum Commission, is expected to attract over 1,200 participants to Takoradi in the Western Region from tomorrow to Friday.
Aramco discovers two significant natural gas fields in the Empty Quarter, yielding substantial reserves for Saudi Arabia’s energy security
The federal government has met with a team from Seplat Energy, to resolve the stalemate arising from the proposed $1.3 billion ExxonMobil’s oil asset sale which has now been held up for close to two years.
It wasn’t clear what the details of the meeting which took place in Abuja were, but the Minister of State, Petroleum (Oil), Senator Heineken Lokpobiri, hinted that it bordered on ways to resolve the prolonged altercation.
French energy giant TotalEnergies said that it is in the process of drilling the first of three wells on a field offshore Nigeria with one of Noble Corporation’s drillships.
Petroleum and other minerals ownership Ghana’s legal foundations for the ownership of petroleum and other minerals are firmly established within the constitutional framework of 1992.
Oil prices have weakened recently, mostly on the back of equally weak economic data from the two largest markets for oil.
Traders, this week, focused on rising U.S. crude oil inventories, record American oil production, weaker Chinese refinery and economic data.