African NOCs partner with independents to boost E&P.
African NOCs are evolving into competitive upstream players through privatization, regulatory shifts, and asset expansion,…
U.S. Oil and Gas Industry Payroll Reaches $168 Billion in 2024
The U.S. oil and gas industry payroll reached $168 billion in 2024, up nearly $5…
NNPCL JV Announces New Oil Discovery on OML 85
NNPC Limited and FIRST E&P JV have discovered significant hydrocarbons in the Songhai Field, OML…
The USA Won’t Delay Imposing Sanctions on Russia and Iran, Says Bessent
Treasury Secretary Scott Bessent stated that the US is prepared to impose aggressive sanctions on…
China’s Energy Imports Decline in Early 2025
China's energy imports declined in early 2025 after record coal and gas shipments in 2024…
Oil Rebounds on Trade Tariff Relief
Oil edged up as Trump delayed tariffs on Canada and Mexico. WTI settled above $66,…
Africa Oil Aims to Boost Production in Nigeria
Africa Oil plans to double output to 35,000 bpd by acquiring full control of Prime…
Tanzania to Launch 5th Oil, Gas Licensing Round in May
Tanzania is preparing to launch a new licensing round for multiple oil and gas exploration…
EU Commission Plans New Round of Joint Gas Deals
The European Commission launched a second midterm round for AggregateEU, allowing gas suppliers to bid…
Aramco CEO: AI Tech Being Deployed at Scale
Aramco CEO Amin Nasser announced the company is deploying AI at scale to enhance efficiency…
