Germany bails out Uniper with multi-billion euro package
Germany has agreed to buy a stake in Uniper and also provide multi-billion euro in various instruments.
Germany has agreed to buy a stake in Uniper and also provide multi-billion euro in various instruments.
A Chevron team has visited Cyprus today to talk about developing the Aphrodite field, in the island’s exclusive economic zone (EEZ).
The Dutch Public Prosecutor has dropped its investigation into Shell’s role in acquiring OPL 245 in Nigeria, following a similar move from Italy earlier this week.
The Court of Appeal has reversed a conviction of Aberdeen exec Stephen Whiteley, the third such reversal for cases stemming from the Unaoil scandal.
A Ghanaian court has ordered the government to halt payments to Eni and Vitol, amidst the ongoing legal dispute with local company Springfield Exploration & Production.
Upland Resources has signed a farm-out agreement with Pennpetro Energy on the Saouaf permit, in Tunisia.
Woodside Energy has dropped plans to sell down a stake in its Senegal project, the offshore Sangomar development.
Recent world events have shone light on the vital role that energy plays in societies throughout the world. Whilst western powers are dealing with what is rapidly turning out to be one of the worst energy crises ever experienced, poorer nations across the world are increasingly suffering the detrimental costs of climate change, the consequence of the exploitation of fossil fuels and unsustainable industrial practices.
Eiffage Génie Civil Marine have completed the central platform of the hub for the Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.
Apache is scaling up drilling in Egypt but at the same time is working to tackle flaring, through a new gas-to-site power model.
Chariot has upgraded the amount of gas it believes may be under its licence offshore Morocco, following the drilling of the Anchois-2 well.
Nigerian National Petroleum Corp. (NNPC) has held a glitzy ceremony celebrating its relaunch as a limited company and a newfound sense of independence.
The Milanese prosecutor has dropped its appeal targeting Eni (ENI:MI) and Shell (LON:SHEL) for the alleged corruption in securing OPL 245, in Nigeria.
Congo Kinshasa has increased the number of blocks it is offering from 16 to 30 at an upcoming bid round.
Technip Energies and Abu Dhabi’s National Petroleum Construction Co. (NPCC) have agreed to establish a joint company, aiming to focus on the energy transition.
Eni, TotalEnergies, Occidental Petroleum and Sonatrach have signed a production-sharing contract (PSC) extending control over two blocks in Algeria’s Berkine Basin.
Adnoc and TotalEnergies have signed a deal to work together, while France and the United Arab Emirates have also made high-level commitments.
Impact Oil & Gas has set out an open offer to raise up to $60 million in order to finance its participation in Namibia’s Venus discovery.
Afentra has struck a second deal in Angola, boosting its stake in Block 3/05, via an agreement with Croatia’s INA.
When GlassPoint succumbed to bankruptcy in 2020 the vision of solar-powered steam production seemed to have come to a close.
The UK will provide another £2 million to help the FSO Safer, a deteriorating vessel holding around 1 million barrels of oil offshore Yemen.
Libyan exports appear to be restarting following the appointment of a new chairman to state-owned National Oil Corp. (NOC).
Mainstream Renewable Power and Actis have struck a deal to sell Lekela Power to Infinity Group and Africa Finance Corp. (AFC).
Sasol Ltd., South Africa’s largest fuel producer, declared force majeure on the supply of petroleum products due to delays in deliveries of crude to the Natref refinery it owns with TotalEnergies, leaving just a fraction of the country’s fuel-production capacity still operational.
SDX Energy faces opposition in its plans to sell itself to Canada’s Tenaz Energy, with Aleph Commodities voicing its disapproval.