ReconAfrica shares plunge as well disappoints
Reconnaissance Energy Africa (TSXV:RECO)has reported its 8-2 well, in northeast Namibia, to be a non-commercial gas discovery.
Reconnaissance Energy Africa (TSXV:RECO)has reported its 8-2 well, in northeast Namibia, to be a non-commercial gas discovery.
Fertiglobe has begun commissioning the first phase of its Egypt Green hydrogen plant in a high-profile ceremony involving Egyptian President Abdel Fattah El-Sisi.
NewMed Energy has signed a non-binding memorandum of understanding (MoU) to supply natural gas, and develop blue hydrogen, for delivery into Europe with Uniper.
Equatorial Guinea has said it will send the Heroic Idun VLCC, and crew, to Nigeria, where they may stand trial for charges related to potential oil theft.
Kosmos Energy is taking steps to ramp up production by 50% by 2024 – and in the longer term scale up its West African gas projects.
BP has signed a memorandum of understanding (MoU) to explore green hydrogen opportunities in Mauritania, where the company is also working on major LNG export plans.
In a major COP27 move, Masdar has signed up to develop a 10 GW onshore wind project in Egypt, said to be one of the largest such plans in the world.
ExxonMobil has drilled a successful exploration well on Block 15, offshore Angola, according to local regulator Agência Nacional de Petróleo Gás e Biocombustíveis (ANPG).
CNOOC Uganda has erected the Kingfisher rig on location, in Uganda’s western Lake Albert, as drilling plans move ahead.
Energean has added another 13 billion cubic metres of gas offshore Israel at its Zeus exploration well, with one more well to drill.
The Middle East’s investments in energy will see the region come to lead in the energy transition, Wood CEO Ken Gilmartin has said.
African states must defend the use of fossil fuels at the soon starting COP27, in Egypt, African Energy Chamber’s NJ Ayuk has said.
A number of key uncertainties remain over the deployment of hydrogen, but one point of agreement from Adipec this week has been the need for long-term contracts.
A London court has ordered commodity trader Glencore to pay £280.97 million in penalties as a result of its bribe paying.
Seadrill has extended a contract for its Libongos drillship in Angola for another 12 wells, scoring a $402,500 per day rate.
Nigeria is currently producing 1.45 million barrels per day, with plans to scale this up to 1.8mn bpd by the end of November.
Siemens Energy has signed up to work with Adnoc to account for the emissions linked to production.
Adnoc has awarded three drilling fluids contracts, worth $4 billion, to Adnoc Drilling, SLB and Halliburton.
The drive to secure additional energy supplies in the East Mediterranean was a rare case of hydrocarbons aiding, rather than hindering, a political agreement, Energean head Mathios Rigas said this morning.
The latest podcast box set series from Energy Voice Out Loud and EY, the Net Zero Nudge, is leading the conversation on how to nudge behaviour – by consumers, government and industry - to drive the shift to net zero.
The energy industry’s job is to “pay our taxes” and invest, BP (LON: BP) CEO Bernard Looney told attendees at the Adipec conference today.
QatarEnergy (QE) has chosen ConocoPhillips to be its third partner on the North Field South (NFS) LNG development.
Adnoc CEO Sultan Al Jaber has called for the world to produce from all the energy sources it can, while minimising emissions.
KCA Deutag has completed the acquisition of Saipem’s onshore drilling business in Saudi Arabia, the United Arab Emirates and Africa.
Eni and ExxonMobil have both confirmed the start up of the Coral Sul floating LNG (FLNG) project, offshore Mozambique.