Latest Stories

Engen reportedly headed for IPO in H1-2020

8 October 2019

Engen, a petroleum refiner and retailer that operates in seven African countries, is reportedly gearing up for an initial public offering (IPO) of stock.

Nigerian minister comments on compliance with OPEC quotas

8 October 2019

Nigeria’s Minister of State for Petroleum Resources Timipre Sylva said last week that his country was determined to meet its obligations as a member of OPEC by complying with the group’s oil production quotas.

BP replaces CEO

7 October 2019

Buhari comments on Nigerian government’s plans for new oil law, security measures

7 October 2019

Muhammudu Buhari, the president of Nigeria, said last week that his administration hoped to ratify a new version of the law governing the oil industry in the near future.

Hungary utility-scale solar capacity reaches 1.1GW

7 October 2019

Hungary can rely on two energy sources, nuclear and solar energy to meet the climate goals set out in the Paris Agreement, said President Janos Ader recently.

Cyprus accuses Turkey of “bullying tactics of an era long gone” as drill ship heads for ‘licensed’ waters

4 October 2019

On same day, Greek PM warns Ankara not to “exploit” the migrant crisis for its own ends as overcrowded camps experience sharp spike in arrivals.

Total completes acquisition of Anadarko’s Mozambique LNG stake

3 October 2019

France’s Total has completed its $3.9bn acquisition of Anadarko Petroleum’s 26.5% operated interest in the Mozambique LNG project.