Make oil production greener by going local
Extracting oil from the ground is a massive logistical undertaking. It requires an army of workers, vehicles and equipment to even get started, let alone produce sustainably and profitably.
Extracting oil from the ground is a massive logistical undertaking. It requires an army of workers, vehicles and equipment to even get started, let alone produce sustainably and profitably.
Saipem will challenge an Algerian conviction connected to a liquefaction project, with the Italian company denying the allegations against it.
Ghana’s government is taking steps to tackle the fuel crisis, but protests are on the rise at the high price of living.
Reconnaissance Energy Africa has launched its second phase of drilling, with the highly anticipated 8-2 well begun on the weekend targeting a potential 799 million barrels.
Shell Executive Vice President: Integrated Gas West & CCUS De la Rey Venter is leaving the supermajor to take the reins at EIG-backed LNG specialist MidOcean Energy.
Germany’s Emerging Energy Corp. (EEC) has issued a call for a green hydrogen feasibility study in Niger.
Sonatrach has made a significant addition to its reserves at the Hassi R’Mel licence.
Libya’s National Oil Corp. (NOC) has warned that it may call force majeure on its Gulf of Sirte loadings within the next 72 hours.
Eco Atlantic Oil & Gas has struck a deal to buy another 6.25% stake in a South African block, while also raising $12.3 million.
The heads of Engie, EDF and TotalEnergies have called on the French to cut energy consumption as the European energy system comes under strain.
San Leon Energy has been working on a Nigerian transaction, and as a result its shares suspended, for so long that it faces the prospect of its listing on London’s AIM being cancelled.
Lamprell (LON:LAM) faces “urgent and severe liquidity constraints”, the company has admitted, with an immediate need for $75 million, due in June and July this year.
Over the past few months, Europe has radically accelerated its energy ambitions, placing hydrogen at the centre.
The war of words between Reconnaissance Energy Africa (TSX-V: RECO) and various environmental critics shows no signs of abating as the company nears a return to drilling.
Freeport LNG has provided an update on the circumstances of the June 8 fire at its facility on Quintana Island, Texas, warning that a return to full operations will not come until late 2022.
Prieska Power has struck a partnership with South Africa’s Industrial Development Corp. (IDC) to develop a green hydrogen project in Prieska Northern Cape.
Saudi Aramco has extended its contract with Shelf Drilling for a jack-up rig in the Arabian Gulf.
Fitch Ratings has increased its oil and gas price forecast, indicating increased pressure on the European market driven by strong demand.
Eco Atlantic Oil & Gas has dropped its plans to acquire JHI Associates, which has a 17.5% stake in a Guyana block.
BP is selling off its oilsands project in Canada under a deal with Cenovus Energy, which will see it paid in cash and a stake in the offshore Bay du Nord project.
Major investors have signed a framework agreement with Tanzania, marking progress for the country’s LNG aspirations.
TotalEnergies and its partners on Angola’s Block 17 have taken the final investment decision (FID) on the $850 million CLOV Phase 3 development.
A Nigerian driver drove a flaming tanker out of a Delta State community on June 11, winning plaudits for his heroism.
Wentworth Resources has struck a deal to buy Scirocco Energy’s 25% stake in the Ruvuma licence, for up to $16 million.
TotalEnergies has won a 25% stake in the North Field East (NFE) LNG project, from QatarEnergy (QE).