Oil prices spiked as a result of the mid-September attack on Saudi Arabia’s production facilities but have since fallen back.
The Rivers State government claims to have bought Shell Petroleum Development Co.’s (SPDC) 45% stake in OML 11, part of the Ogoniland, in execution of a legal ruling.
Losses and downtime from Nigeria’s OML 18 have reached 32% of production, San Leon Energy has reported in its half-year results.
Gulf Marine Services (GMS) has made progress in shoring up its future but much rests on its negotiations with lenders.
A collection of supercars that had been owned by Equatoguinean Vice President Teodorin Nguema Obiang has been sold at auction in Geneva.
Total has closed its purchase of Anadarko Petroleum’s 26.5% stake in the Mozambique LNG project.
London-listed Solo Oil is cutting assets it no longer sees a future in and shaking up its personnel, in part of its drive to become a mid-cap exploration and production company.
Eni’s CEO Claudio Descalzi is under investigation over a potential conflict of interest in Congo Brazzaville.
Uganda and Tanzania are pushing ahead with their plans for the East African Crude Oil Pipeline (EACOP) despite Total’s decision to put work on hold, following the breakdown of talks on the sale of Tullow Oil’s Ugandan stakes.
Novatek has signed deals with Mitsui OSK Lines (MOL) and the Japan Bank for International Co-operation (JBIC) on its LNG transhipment projects.
Ghana has set out a proposal on how to develop potential cross-border resources with its neighbour, Cote d’Ivoire.
Algeria’s state-owned Sonatrach has held talks with Chevron this week, with technical workshops held in order to consider joint opportunities.
Chariot Oil & Gas is covered for its near-term work commitments but to step ahead it must sign up partners for its various projects.
Total’s investor presentation walked a fine line between commitments to new projects and steps to secure the confidence of investors.
South Korea has struck a 15-year deal with BP for LNG supplies, covering 1.58 million tonnes per year.
Aminex is becoming more positive on its delayed farm out in Tanzania, giving it sufficient confidence to get under way with preparations for the Chikumbi-1 well.
Nigeria is set to make a fresh push into rehabilitating its poorly performing refineries, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari said on the weekend.
BP has had further success off Senegal, with its Yakaar-2 appraisal well finding more gas.
The Federal Energy Regulatory Committee (FERC) has conditionally approved a small-scale liquefaction project in Jacksonville, Florida.
Libya’s National Oil Corp. (NOC) is fighting a rearguard action to secure the company’s unity, following the establishment of a rival board of directors for the Brega Petroleum Marketing Co. (BPMC).
The Algerian government has set out steps intended to bring an end to the discontent that has left the country paralysed since February.
An Abuja court has found two officials from Ireland’s Process and Industrial Developments (P&ID) guilty on a number of fronts. This led to the Nigerian judge declaring all of P&ID’s assets to be forfeit.
Europa Oil & Gas has signed up to explore Morocco’s Inezgane offshore permit, with the aim of hunting Lower Cretaceous fans.
NextDecade has signed a memorandum of understanding (MoU) with Enbridge on the construction of a pipeline from Texas’ Agua Dulce area to the proposed Rio Grande LNG project, in Brownsville.
Qatar Petroleum (QP) and Shell have agreed to a joint venture focused on global LNG bunkering. The company’s respective Wave LNG Solutions and Shell Gas & Power Developments are backing the new plan.