Harbour Energy has discovered gas and condensate in the Norwegian sector of the North Sea, a find that could be developed using existing infrastructure, Norway’s Offshore Directorate said. The discovery…
Oil prices fell on Thursday as markets reacted to persistent global oversupply and growing concerns about weakening U.S. demand. The decline came despite Venezuela’s confirmation that its oil exports continue…
China Gas International (an indirect wholly-owned subsidiary of China Gas Holdings Ltd) will purchase 3.4 million MMBtu of liquefied natural gas (LNG) from Beijing Gas Singapore. Key details of the…
Shell Nigeria Gas (SNG) signed a new agreement to supply natural gas to SG Industrial FZE, a leading steel company in the Guangdong industrial zone. Note by Alessandro Bazzoni
Upstream Licensing Round: A pre-bid conference for the 2025 oil and gas block auction was held in Lagos today, December 17. The NUPRC is offering 50 blocks (onshore, shallow, and…
The BP and Eni joint venture, Azule Energy, is selling its stakes in two legacy offshore Angolan oil assets to a consortium of BW Energy and Maurel & Prom for…
The former French-owned TotalEnergies gas stations have been acquired by the local Coris Invest Group and rebranded under the new national identity Barka Energies. The rebrand was officially launched in…
Hungary has reached a new agreement to import natural gas from Azerbaijan, securing 800 million cubic metres over the next two years, Foreign Minister Peter Szijjarto announced. The deal strengthens…
Oil prices fell nearly 2% on Thursday, extending a December slump despite signs that market fundamentals are improving. Brent crude eased toward $61 a barrel as weak sentiment continued to…