Oil and Gas News

The Ministry of Mines and Hydrocarbons grants Historic Two-Year Extensions to Oil & Gas Exploration Companies in…

The OPEC Energy Review is a quarterly energy research journal published by the OPEC Secretariat in Vienna. Each issue consists of…

Dammam, Saudi Arabia: The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution,…

OPEC has predicted that oil prices are set to recover with the OPEC+ production cuts and gradual lifting of lockdowns around the…

On 14 January, 2020, Maersk Drilling announced that it has been awarded contracts for a three-well exploration drilling project…

Fugro has secured a long-term contract for two remotely operated vehicles (ROVs) and a full survey positioning package on Global…

JOHANNESBURG, South Africa, -- H.E. Gabriel Mbaga Obiang Lima shares Equatorial Guinea’s plans in working through the current…

BP has confirmed its commitment to completing the sale of its Alaska business to Hilcorp, first announced in August 2019.…

By Ndubuisi Micheal Obineme The Government of Uganda has applauded the agreement reached between Total and Tullow, which will…

Petroleum Training Institute (PTI), Effurun, Delta State, is seeking support from International Oil Companies (IOCs) to boost…

By Sebastian Wagner JOHANNESBURG, South Africa, -- Scan Western news about OPEC from the last few years and a common…

...The country is projected to be one of the hardest-hit African economies by the global pandemic According to Africa Oil…

HOUSTON – BP is joining forces with the U.S. government, leading universities and the world’s largest technology companies by…

Royal Dutch Shell has formally announced plans to reduce greenhouse gas emissions to net-zero by 2050. In an update to…

LUKOIL commissioned its first digital power substation at the Chashkinskoye field in Perm Region. The new facility distributes…

By NJ Ayuk Africa’s rich resources still represent opportunity, including a wealth of natural gas waiting to be discovered …

Along with other African producing countries, South Sudan has been a key supporter of the Declaration of Cooperation and OPEC+…

Up to 20 million barrels of oil per day could come off the market in combined efforts CAPE TOWN, South Africa, -- In a…

By Ndubuisi Micheal Obineme Following the recent OPEC meeting to curtail production, Nigeria's Minister of State for…

... Mexico is the lone holdout in a global deal to save the oil and gas industry. US set to see production decline CAPE TOWN,…

By Ndubuisi Micheal Obineme Nigeria has joined other OPEC+ counterparts in a historic curtailment of crude oil production to…

The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC countries led by Russia, have agreed to cut down…

LUANDA, Angola - The Angolan and African energy industry has welcomed the reappointment of Diamantino Pedro Azevedo as Minister…

According to African Energy Chamber analyses, Angola, Senegal, Cameroon, Ghana, and Nigeria are among the most hard-hit amid…

Following a competitive European tender process, Concordia Damen has been nominated to build a new training vessel for the STC…

Woodside has achieved an important regulatory milestone for its Scarborough gas development offshore Western Australia. The…

By Ndubuisi Micheal Obineme The maiden edition of the Nigerian Oil & Gas Opportunity Fair (NOGOF) was held in 2017 in…

The Nigerian National Petroleum Corporation (NNPC) has officially announced that it will expand its domestic gas footprint with…

The Nigeria LNG Limited has said it supplied 275,000MT of Liquefied Petroleum Gas (LPG) to the domestic market in 2019. Mr…

By Ndubuisi Micheal Obineme Petroleum Technology Association of Nigeria (PETAN), and Global Event Partners (GEP), has made it…