Brazil’s Petrobras Eyes Nigeria’s Deepwater Horizon as an Appealing Investment Opportunity
Brazil’s state-owned oil company, Petrobras, is exploring offshore expansion in Nigeria, drawn by the country’s…
OPEC to Maintain Output Increase Through July as May Production Reaches 26.75 Million Barrels Per Day
OPEC and its allies (OPEC+) are accelerating the reversal of previous output cuts, aiming to…
UK Unveils Underwater Robot in Defense Trial
The UK’s Defense Science and Technology Laboratory (Dstl) has tested an underwater robot designed to…
Domestic Oil Producers to Boost Nigeria’s 1 Million Barrel Production Increase
Indigenous Nigerian oil companies now produce over 50% of the country’s crude, up from 40%,…
Expert Claims New Oil Policies Won’t Resolve Nigeria’s Operational Challenges
Energy analyst Kelvin Emmanuel has expressed skepticism about the effectiveness of Nigeria’s new executive directives…
Africa’s Oil and Gas Industry Set for Robust Investment Growth in the Coming Years
Africa’s oil and gas sector is expected to see strong investment growth, according to analysts…
Nigeria Plans to Boost Gas Output to 12 BSCF by 2030
Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, is negotiating with gas producers to increase…
OPEC Plans to Define 2027 Oil Output Targets
OPEC is working on a mechanism to set oil production baselines for 2027, aiming to…
Three confirmed dead in Chevron Angola offshore platform blaze
Two workers injured in the May 20 fire on a Chevron oil platform off Angola’s…
Petronas Awarded Two New Offshore Production Sharing Contracts in Indonesia
Petronas has expanded its presence in Indonesia by signing two new offshore production sharing contracts…