Senegal’s Petrosen Launches $100 Million Onshore Oil Exploration Campaign
Petrosen, Senegal’s state-owned oil company, is embarking on an ambitious $100 million exploration campaign this year to discover crude oil…
Egypt Approves EGP 10 Billion Investment Plans for Alexandria and Amreya Refineries
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi has approved comprehensive investment plans for the Alexandria Petroleum Company and…
Libya Charts Path To 2 Million Barrels Per Day Through Brownfield Revival
Libya is advancing a dual development approach across its energy sector, targeting oil production of 1.6 million barrels per day…
Diplomatic Breakthrough Sends Oil Prices Tumbling, Threatens Nigeria’s Revenue Lifeline
Fresh diplomatic talks between the United States and Iran have triggered a sharp decline in global oil prices, sending Brent…
Egypt’s Oil Sector Focuses On Governance And Technology In Strategic Overhaul
Within the framework of the Ministry of Petroleum and Mineral Resources’ directives, the Egyptian General Petroleum Corporation has organized an…
Namibia Government Blindsided By TotalEnergies Offshore Deal, Raises Approval Red Flags
Namibia’s energy ministry has revealed it was not properly notified of a major offshore stake acquisition involving TotalEnergies and Petrobras,…
Nigerian Energy Giant Shoreline Breaks New Ground With Bold U.S. Acquisition
Nigerian energy entrepreneur Kola Karim is making history by taking Shoreline Group beyond its traditional African base through a strategic…
Perenco Deploys $200 Million Platform To Revive Aging Congo Offshore Field
Perenco Congo has successfully completed installation of the new Kombi 2 platform on the Kombi-Likalala-Libondo II field offshore the Republic…
Egypt Launches Ambitious Plan To Double Oil Production Through Advanced Drilling Technologies
Egypt is pursuing an aggressive strategy to double its domestic crude oil production over the next five years through closer…
NUPRC And NNPC Forge Strategic Alliance To Slash Costs And Boost Efficiency
Nigeria’s oil and gas sector is poised for a potential efficiency transformation as the Nigerian Upstream Petroleum Regulatory Commission and…
Shell Highlights Need for Major Discoveries or Strategic Deals to Sustain Reserves
Shell is facing a growing challenge in maintaining its oil and gas reserve base, with industry projections showing a potential…
Oil Prices Adjust as Fuel Stocks Rise in Singapore Markets
Residual fuel oil stocks in Singapore, a key trading hub for Asia’s energy markets, have inched up about 3% in…
Transocean Acquires Valaris in $5.8 Billion Offshore Merger
Transocean, a leading offshore drilling contractor, announced a $5.8 billion all-stock acquisition of Valaris, creating the largest publicly traded offshore…
Chevron-Led Tengiz Oilfield Recovers to 60% of Output After Disruption
Chevron’s Tengiz oilfield, one of Kazakhstan’s most significant producing assets, has resumed about 60% of its typical output following disruption…
Falcon Oil & Gas Holds Investor Presentation With Strategic Overview
Falcon Oil & Gas Ltd. held an investor presentation and Q&A session today, offering analysts, shareholders, and market participants detailed…
International Petroleum Corporation Posts 2025 Results and Maps 2026 Strategy
International Petroleum Corporation (IPC) today announced its 2025 year-end financial, operational results, and 2026 budget and guidance, highlighting resilience in…
ADNOC Gas Reports Record $5.2 Billion Net Income for 2025, Highlights Strategic Growth Momentum
you ADNOC Gas announced today that it delivered a record net income of $5.2 billion for the full year 2025,…
Oil Services Sector Eyes Middle East for Growth Amid Global Demand Shifts
The global oilfield services segment is increasingly targeting the Middle East as a high-growth market, according to new industry insights…
Petronas and QatarEnergy Ink 20-Year LNG Supply Agreement
Malaysian national energy company Petronas has signed a landmark 20-year LNG supply deal with QatarEnergy, marking a strategic long-term collaboration…
RWE and ADNOC Explore Long-Term LNG Supply Partnership to Diversify Europe’s Energy Mix
Germany’s leading utility RWE is in advanced talks with the Abu Dhabi National Oil Company (ADNOC) to secure up to…