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Equatorial Guinea plans licensing round in 2025 to boost exploration, production

Equatorial Guinea is taking decisive steps to revitalize its upstream sector, with plans to launch a new licensing round in 2025 aimed at increasing exploration and production. With the global energy landscape evolving […]

CLG experts unpack Congo’s upcoming gas code & investment opportunities

*Congo oil reserve. Brazzaville, Republic of the Congo — The matter of the gas code will undoubtedly be discussed at the Congo Energy & Investment Forum, taking place from March 24-26, 2025, in Brazzaville. This […]

China National Petroleum resumes crude production in South Sudan

(Bloomberg) – Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said. The company, operated […]

Shell sees bright future for Nigeria’s deep-water production with the right conditions

*L-R: Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Ron Adams; Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri ; Executive Secretary, Nigeria Content Development and Monitoring Board, Felix Omatsola Ogbe; and […]

Petro-Victory, ATO to acquire 13 oil fields in Brazil’s prolific Potiguar Basin

Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the Potiguar Basin, onshore Brazil, from seller Brava Energia. […]

Tanzania hopes to conclude talks for LNG project by June

*Tanzania Energy Minister Doto Biteko. New Delhi — Tanzania is discussing tax incentives with investors in a stalled project to construct a $42 billion liquefied natural gas plant in the country, Energy Minister Doto Biteko […]

Svanehøj to supply CO2 pumps for INEOS’ Project Greensand in the North Sea

INEOS has selected ITT’s Svanehøj to supply CO₂ pumps for the onshore facility and the first LCO₂ carrier for Project Greensand in the Danish North Sea. This strategically significant order further strengthens Svanehøj’s position in […]

Army arrests 29 suspected oil thieves in one week

*Suspected illegally refined AGO concealed in sack bags, impounded by operatives of the Nigerian Army along Orashi River. Mkpoikana Udoma Port Harcourt — In a major crackdown on illegal oil bunkering in the Niger Delta, […]

Oil prices advance despite concern over more US tariffs

Brent crude futures were up 87 cents, or 1.2%, at $75.53 a barrel by 1413 GMT. U.S. West Texas Intermediate crude added 1.3%, rising 90 cents to $71.90. Monday’s gains could be down to bargain […]

Shell, Equinor North Sea project’s fate to be decided by UK Energy Secretary

(Bloomberg) – UK Energy Secretary Ed Miliband will soon be asked by oil companies to approve a new field that he’s previously criticized for being “climate vandalism.” His pending decision on the Rosebank site developed […]