Ghana Secures $3.5 Billion Investment Injection to Reverse Oil Production Decline
The Government of Ghana has finalized a landmark $3.5 billion investment package aimed at revitalizing the nation’s struggling oil and…
Egypt Sets March Deadline for Chevron’s Aphrodite Gas Connection Agreement
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has established a firm end-of-March deadline for finalizing technical and commercial…
South Africa Unveils New Upstream Law to Revive Investment After Supermajor Exodus
South Africa is attempting to reverse years of upstream decline with the introduction of the Upstream Petroleum Resources Development Act,…
Libya’s Al-Sarir Refinery Returns To Full Operation After Major Overhaul
Libya’s National Oil Corporation has announced the resumption of full operational activity at Al-Sarir Refinery following successful completion of a…
U.S. Set to Produce Nearly One-Fourth of Global Oil Output in 2026
According to the latest forecast from the U.S. Energy Information Administration (EIA), American petroleum and liquid fuels production is projected…
Global Energy Sector Faces Talent Challenges as Workforce Ages
The oil and gas industry’s workforce faces growing structural hurdles as an aging population and declining labor mobility threaten the…
Global Carbon Markets Expand as Countries Accelerate Climate Finance Efforts
Governments across Europe, Asia, and parts of Africa are expanding their participation in global carbon markets as part of broader…
Shell Announces $3.5 Billion Buyback Despite Profit Slide
Royal Dutch Shell has revealed a $3.5 billion share buyback program for the upcoming quarter even as its financial results…
ConocoPhillips Plans $1 Billion Cost Cuts Amid Weak Oil Prices
U.S. upstream giant ConocoPhillips unveiled a major cost-reduction initiative for 2026 following weaker-than-expected oil prices that led to profits missing…
TotalEnergies Signs 3.3 TWh Power Deal With Airbus in Strategic Energy Shift
TotalEnergies has finalized two long-term power supply contracts with aerospace giant Airbus covering German and British operations, in a deal…
Norway Awards 57 Offshore Drilling Permits in Major Energy Round
Norway’s Energy Ministry has granted 57 new offshore drilling licences, a move designed to strengthen its role as a stable…
Egypt Achieves Major Cost Savings With Locally-Produced Oil Well Chemical
Egypt’s Ministry of Petroleum and Mineral Resources has honored a team of engineers for successfully developing and commercializing a locally…
Cameroon And Equatorial Guinea Formalize Cross-Border Gas Development Agreement
Cameroon and Equatorial Guinea have officially signed an operating agreement to jointly develop the Yoyo-Yolanda gas field, which straddles the…
Morocco Unveils $1 Billion Nador West Med LNG Hub To Transform Regional Energy Landscape
Morocco has officially approved the construction of a $1 billion liquefied natural gas facility that will position the North African…
Libya’s National Oil Corporation Clinches Strategic Exploration Deal With Hungarian Energy Giant
Libya’s National Oil Corporation has secured a major international partnership with MOL Group, Hungary’s leading energy company, in a move…
NNPC In Advanced Talks With Chinese Petrochemical Giant To Revive State Refineries
Nigeria’s state oil company is on the verge of a major partnership deal that could finally end decades of refinery…
Oil Majors Return to West and Southern Africa in Search of Next Major Discovery
Major international oil companies including Chevron and TotalEnergies are significantly expanding their exploration footprint in West and Southern Africa as…
Egyptian Petroleum Companies Allocate $112.6 Million for Exploration and Production Expansion
North Sinai Petroleum Company has announced plans to allocate $89 million in investment for the upcoming fiscal year, targeting the…
Egypt Courts Foreign Energy Giants with $16.7 Billion Investment Package
Egypt has secured investment commitments worth $16.7 billion from international oil companies over the next five years as part of…
NNPC Engages Proven Experts to Revamp Nigerian Refineries with Focus on Sustainable Operations
The Nigerian National Petroleum Company Limited is engaging partners with proven expertise in refining and petrochemical operations to deliver sustainable,…