Eni launches phase 2 of Congo LNG project
The new Nguya unit will boost output at the Eni-operated Congo floating LNG project
TotalEnergies to raise extra financing after UK, Netherlands exit Mozambique LNG project
The UK and Netherlands withdrew from the $20bn project citing human rights abuses by the Mozambican armed forces.
Shell and Equinor form new JV “Adura” to manage North Sea operations
The 50:50 joint venture is said to be the UK North Sea’s largest independent producer and is designed to deliver…
UK, Netherlands withdraw funding support for TotalEnergies’s $20bn LNG project in Mozambique
The exit of UK and the Netherlands from the gas project leaves a huge funding gap that TotalEnergies has to…
NNPC posts strong gas gains in October despite oil output decline
NNPC records significant growth in gas production and exports despite falling oil output
Nearly 20,000 Ugandans already employed in budding oil sector
Local content is part of Uganda’s national strategy as the country prepares for first oil in 2026
Cameroon, Equatorial Guinea to begin hydrocarbon production in contested waters
The joint exploration and production could bring the yearslong cross-border conflict to an end.
Sterling Oil’s Sandesara brothers fined $570m in major fraud case
The Sandesara brothers paying of the fine could settle a long-running fraud case that has linked India’s banking system with…
Nigeria government backs Ebenco’s 30,000 b/d modular refinery in Delta State
Projects like Ebenco’s modular refinery help address a lingering problem of oil theft and illegal refining in Nigeria’s oil-rich Niger…
Oil prices fall as Ukraine nears peace deal with Russia
The energy market takes a downward turn as the possibility of a peace deal between Kyiv and the Kremlin looms…