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Oil And Gas
Chevron signs SPA with Petrobras to Buy Pasadena Refinery System for $350 million
SAN RAMON, -- Chevron U.S.A. Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation, has signed a Share Purchase Agreement…
South Sudan signs agreement with the African Energy Chamber
This technical assistance will support South Sudan in building an enabling environment for business and a world-class oil…
ExxonMobil & Partners Set To Advance Integrated Gas-for-Power Development in Vietnam
Proposed development to provide cleaner, reliable power and stimulate economic growth and improved living standards
Front-end…
ExxonMobil makes FID for Beaumont Refinery Expansion
ExxonMobil has reached a final investment decision and started construction on a new unit at its Beaumont, Texas refinery…
RoyalGate Energy Extends License in Equatorial Guinea
Equatorial Guinea’s block Z holds an estimated 3.6 tcf of gasAfrican independent RoyalGate Energy has been granted an extension…
BP invests in new artificial intelligence technology
BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence…
Marsh Bellofram Acquires Lowery Well Heads and EZ Flow Control/Talco
...Boosts offering to oil and gas industry
Newell, W.Va.— Recent acquisitions are enabling Marsh Bellofram to round out its…
Survey says US oil and gas firms are ready to spend as confidence grows
By Kalu Emmanuel Chidubem
Executives in the U.S. oil and gas industry are said to be much more
optimistic about growth in the…
First tanker of Indy fuel leaves MPC refinery
On January 14th 2019, the first truck of Indy fuel was loaded out of MPC's Catlettsburg refinery. “We are excited to be a part of…
New global alliance commits over $1.0 billion to end plastic waste in the environment
Sets goal of investing $1.5 billion USD
An alliance of global companies from the plastics and consumer goods
value chain…
Shell appoint Wael Sawan as new Upstream Director
Royal Dutch Shell plc has officially announced the appointment of Wael Sawan as Upstream Director with effect from 1st July 2019.…
BelGAS CP P5300 Series Back Pressure Regulator
NACE-MRO175 construction, 300 psi max pressure, 100% interchangeability
Newell, W.Va.—The BelGAS CP P5300 Series back…
African Energy Chamber Congratulates Equatorial Guinea on Setting Up One-Stop Shop for Investors and…
The government does recognize it has an enormous task of fostering an environment where investors and small and medium…
Maersk Drilling strengthens its Board of Directors
Maersk
Drilling Holding A/S has made the planned progress to
ensure the company is ready for an independent listing on Nasdaq…
Rainmaker Well Positioned to Deliver Innovative Solutions in Nigeria’s Energy Sector
By Ndubuisi Micheal Obineme
Rainmaker, a Canadian based company with its headquarter in Calgary, has proven its ability by…
Equatorial Guinea: Oil Producers should ‘Stand Together’
Collaboration of Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers in committing and adhering to oil…
Shell completes divestment of upstream interests in Ireland worth $1.30 billion
Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has completed the sale of its shares in…
Shell completes sale of Draugen and Gjøa interests to OKEA
A/S Norske Shell has completed the sale of its interests in the Draugen and Gjøa fields in Norway for 4,52 Billion NOK (~US$526…
African Energy Chamber urges oil producers to support OPEC’s efforts on stabilizing the oil markets
The Chamber urges African producing nations, both those that are Organization of the Petroleum Exporting Countries (OPEC) members…
Mexico E&P: aiming high, but growth unlikely to materialize
Mexico’s production has been following a declining trend, which is not expected to be reversed before at least 2025. Despite high…
Explorationists say Nigeria cannot attain 40bn barrels oil reserve – NAPE
The absence of fiscal policy will continue to retard investments flow in Nigeria’s oil and gas industry, such that attainment of…
Angola Joins The Gas Exporting Countries Forum (GECF)
The African Energy Chamber congratulates Angola on becoming the sixth African country to join the Gas Exporting Countries Forum…
Africa Oil Week 2018 explores the financial opportunities in the African oil and gas market
CAPE TOWN, South Africa, -- Africa Oil Week – the leading event dedicated to the African oil and gas industry hosted a live…
PwC releases Latest Outlook for Africa’s oil & gas industry
As the oil price is steadily rising towards pre-collapse levels, the outlook for the industry is hopeful
JOHANNESBURG, South…
Total and Sempra Energy sign MOU to develop North American LNG Export Projects
SAN DIEGO and PARIS, – Sempra Energy and Total S.A. has entered into a Memorandum of Understanding (MOU) that provides the…
Considerable investments needed to maintain Nigeria’s production levels
Following oil production disruptions still periodically affecting the country’s output, Nigerian oil and condensate production…
12th Gabon Shallow and Deep Water Licensing Round Announced
The Republic of Gabon has officially announced the opening of 12th Shallow and Deep Water Licensing Round of open blocks, at the…
Ghana is currently our main focal point in West Africa – Maersk Drilling
By Ndubuisi Micheal Obineme
Maersk Drilling, based in Copenhagen, Denmark, is a leading rig operator in the oil and gas industry,…
Shale gas production in Pennsylvania surpasses 17 billion cfpd
Pennsylvania Department of Environmental Protection (PA DEP) published preliminary oil and gas well production data for August…
Shell adds new deepwater production in Brazil
New deep-water production is underway today at Lula Extreme South in the Brazilian Santos Basin. Royal Dutch Shell plc, through…