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Equinor commends Angola oil reforms, foresees production and investment growth

Norwegian multinational energy firm Equinor has commended Angola’s recent Incremental Production Decree as a landmark reform that enhances the country’s ability to attract oil and gas investments, while boosting production and driving economic growth. The […]

Equinor’s Nigeria business acquired by Chappal Energies

(Bloomberg) – Chappal Energies has completed the acquisition of Equinor Nigeria Energy Company, a unit of Norway-based Equinor ASA, a transaction first announced in 2023. Nigerian regulators approved the transaction in November after months of […]

OPEC+ kicks the can again as Trump is added to demand dilemma

*OPEC+ Launceston, Australia — It was likely a fairly easy decision for OPEC+ to once again delay plans to increase oil output. The soft state of global demand is by itself sufficient reason to justify […]

PETROAN secures deal with Dangote Refinery

*PETROAN’s National President, Dr. Billy Gillis-Harry presented an honorary life council membership to the Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari on Friday. – Assures of zero PMS scarcity during yuletide Mkpoikana […]

Petrobras, Ecopetrol aim to triple Colombia’s gas reserves with offshore discovery

(Bloomberg) – Colombia’s biggest offshore natural gas discovery by Petrobras and Ecopetrol SA could triple the country’s reserves if the deposit is commercially viable, potentially easing the nation’s shortfall. The Sirius-2 exploration well has confirmed […]

Petroleum Economist’s Paul Hickin recognized among the 50 voices in commodities worth following

Paul Hickin, Editor-in-Chief of Petroleum Economist, has been named one of Cititec’s 50 Voices in Commodities Worth Following. This prestigious recognition underscores Paul’s exceptional contributions to commodity market analysis and his leadership in the global […]

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BOEM advances oil and gas leasing program for Gulf of Mexico

National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing in the […]

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