Eni flags Africa and gas growth to tackle demand crunch
Africa will play a critical role in providing more supply for Eni’s portfolio, CEO Claudio Descalzi set out during the company’s capital markets day.
Africa will play a critical role in providing more supply for Eni’s portfolio, CEO Claudio Descalzi set out during the company’s capital markets day.
Noble Corp. and Maersk Drilling have set out the executive team that will lead the new company, confirming Noble’s Robert Eifler as president and CEO.
Beleaguered Australian minnow FAR has appointed explorer Alan Stein as a non-executive director, suggesting the company is sticking to its growth plans.
Sky-high oil prices and extreme volatility have exposed the fragility of the world’s dependence on fossil fuels.
Adnoc has awarded contracts worth $658 million under framework agreements to secure cementing services.
Nigerian President Muhammadu Buhari has issued an apology to the nation following problem in petroleum products supply and an increase in power blackouts.
SDX Energy has begun producing at the MSD-25 well in Egypt, shortly after drilling the well.
Scrutiny of Paria Fuel Trading and contractor LMCS is mounting in Trinidad & Tobago following a deadly accident in late February.
Petrofac is back in Adnoc’s good books, the contractor has said, allowing it to participate once more in tenders.
Trafigura Group, one of the world’s top oil and metals traders, has been holding talks with private equity groups to secure additional financing as soaring prices trigger giant margin calls across the commodities industry.
US-focused Pennpetro has set out a plan to diversify into Tunisia through a deal with Upland Resources.
Greenpeace France and Amis de la Terre have warned of legal action against TotalEnergies based on its continued activity in Russia.
A legal challenge by Friends of the Earth (FoE) to Mozambique LNG has split opinions among High Court judges.
RWE has flagged energy security concerns as driving the need for more green business – although raising the prospect of restarting coal power plants in the near term.
Petrofac has won work on an early stage study to assess the feasibility for a green hydrogen to ammonia facility in Egypt.
Italian Minister of Foreign Affairs Luigi di Maio has visited Angola and Congo Kinshasa in order to secure new sources of gas.
Ivanhoe Mines is buying a minor stake in South Africa’s LNG and helium producer Renergen – with an option to scale up its involvement.
Iran’s Islamic Revolutionary Guards Corp (IRGC) fired missiles into a Kurdistan city, the autonomous region of Iraq, on March 12.
Eco Atlantic Oil & Gas has struck another deal, agreeing to issue shares to buy its partner in Guyana, JHI Associates.
BP and Eni have reached an agreement to combine their Angolan businesses in a 50:50 joint venture.
South Africa has made clear it is not moving away from hydrocarbons in the near term, talking up exploration plans and gas imports, in addition to scope for new coal generation.
Eco Atlantic Oil & Gas has completed its acquisition of Azinam Group, setting the stage for drilling offshore South Africa late this year.
Norway’s Scatec has signed a memorandum of understanding (MoU) for a green hydrogen and ammonia plant in Egypt.
Saudi Aramco has taken a final investment decision (FID) on a major refinery and petrochemical project in China.
French NGOs have celebrated a legal victory over Perenco, on access to the oil company's files on its actions in Congo Kinshasa.