Latest Stories

Canadian election heightens oil sector concerns

23 September 2021

The re-election of the Liberal Party has deepened the oil and gas sector’s uncertainty about the future.

GAC acquires second Alberta SAGD project

23 September 2021

Greenfire Acquisition Corp. (GAC) has successfully acquired its second steam-assisted gravity drainage (SAGD) oil sands project in northern Alberta.

Coal investment in power-poor countries continues to hold up

23 September 2021

Investment in new coal-fired power plants has proved to be strong in countries with low access-to-power rates, a recent report from the Climate Policy Initiative (CPI) and SEforALL warned.

Shell aims to wrap up US Gulf repairs this year

23 September 2021

Royal Dutch Shell has said it expects to resume production from some of its assets in the Mars corridor of the US Gulf of Mexico this year.

First Nations enter LNG NL project

23 September 2021

First Nation groups from Canada’s eastern Newfoundland and Labrador Province have announced plans to invest in a local liquefied natural gas that will target the European market.

Laredo snaps up Permian acreage from Pioneer

23 September 2021

Laredo Petroleum has signed of a sale and purchase agreement (SPA) to acquire around 20,000 net acres (80.94 square km) in the Permian Basin from Pioneer Natural Resources.

Chinese investment in Africa rises in 2021

23 September 2021

Chinese investment in Africa rose to $2.96bn in 2020, despite the impact of global pandemic on economies.

Tullow unveils new plan for Kenya

23 September 2021

Tullow Oil and its partners are looking to extract more oil from Blocks 10BB and 13T in the South Lokichar basin.

South African energy company plans a green reform with new ambitious emissions targets

23 September 2021

South African energy and chemicals company Sasol announced ambitious emissions reduction targets on 22 September, and will not be investing in new coal projects. Instead it is changing direction to a new sustainable solutions business.

Libyan PM says Sanalla will remain in place as NOC chairman

23 September 2021

Libya’s Prime Minister Abdul Hamid Dbeibah has taken action to ensure that Mustafa Sanalla, the long-time chairman of Libya’s National Oil Corp. (NOC), will remain at his post.

Tanzania says it is discussing fertiliser project with several potential partners

23 September 2021

Tanzania’s government says it is in talks with several potential investors on a fertiliser project that would make use of locally produced natural gas.

Liberia, Cote d’Ivoire discuss plans for fuel supply deal

23 September 2021

Officials from Liberia and Côte d’Ivoire gathered in Abidjan last week to discuss proposals for a fuel supply agreement.

Nigeria establishes NNPC Ltd as new NOC

23 September 2021

Nigerian President Muhammadu Buhari has issued an order authorising the incorporation of Nigerian National Petroleum Corporation Ltd, in line with the recently signed Petroleum Industry Act.

bpTT brings Matapal field on stream ahead of schedule

23 September 2021

BP Trinidad and Tobago (bpTT), a subsidiary of BP (UK), revealed on September 20 that it had begun extracting natural gas from the Matapal field offshore Trinidad and Tobago.

Petrosen says Woodside has finished drilling first development well at Sangomar

23 September 2021

Petrosen, the national oil company (NOC) of Senegal, revealed recently that Australia’s Woodside Petroleum had finished drilling its first production well at the offshore Sangomar block.

PIAC reports on Ghanaian oil revenues

23 September 2021

Ghana’s Public Interest and Accountability Committee revealed last week that the country has collected more than $6.5bn in oil revenues since 2011, when its first crude oil deposit began commercial production.

DNG, Masana unveil plans for pilot LNG project targeting transport sector

23 September 2021

DNG Energy of South Africa is expanding its effort to promote the use of LNG as a transport fuel through the launch of a pilot project with Masana Petroleum Solutions, one of its own subsidiaries.

ISTANBUL BLOG: Paris Agreement ratification becomes a no-brainer for Erdogan

23 September 2021

President faces an election by 2023 and millions of Turkish teenagers who will vote for the first time know their country has just been through a summer of climate change hell.