VAALCO acquires 70% stake in West Africa offshore block
VAALCO Energy has officially entered into a farm-in agreement for the CI-705 block, an offshore…
Ghana Halts Gold Payments for Oil
Ghana’s newly appointed central bank governor has halted the country’s program of using gold to…
Crude Experiences Sharpest Monthly Decline Since September
Oil recorded its biggest monthly drop since September as escalating tariff threats from US President…
Afreximbank to Establish $1B Oil Financing Platform in Guyana
Afreximbank plans a $1B oil financing facility in Guyana to boost local and African participation.…
USA and Ukraine Intensify Discussions on Minerals Agreement During Envoy’s Visit
Ukrainian and US negotiators aim to finalize a critical minerals deal amid strained transatlantic ties,…
NZEC starts Tariki gas storage design.
NZEC advances design for Tariki gas storage, aiming for year-end launch to ease supply strain.Drilling…
Chevron to Reduce Global Workforce by 20% to Cut Costs
Chevron will cut up to 9,000 jobs, aiming to save $2–$3 billion by 2026. After…
Shell: AI will revolutionize energy.
AI adoption across industries could drive significant energy demand growth while helping cut carbon intensity…
Nigeria to boost training for women in the oil sector.
Presidential adviser Olu Verheijen warns of challenges from losing oil and gas experts but sees…
Dutch Supreme Court Revives Shell Climate Case
Friends of the Earth Netherlands has taken its climate case against Shell to the Dutch…