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ADNOC Drilling stock to be included in “prestigious” MSCI indexes

(WO) – ADNOC Drilling’s stock has been selected for inclusion in the prestigious MSCI indexes, effective post market close on August 30, 2024. ADNOC Drilling will be included in the MSCI Indexes, including MSCI EM, […]

ADNOC Drilling stock to be included in “prestigious” MSCI indexes

(WO) – ADNOC Drilling’s stock has been selected for inclusion in the prestigious MSCI indexes, effective post market close on August 30, 2024. ADNOC Drilling will be included in the MSCI Indexes, including MSCI EM, […]

IEA trims 2025 oil demand outlook as China offsets global gains

*Globe immersed in oil depicting global oil demand scenario. London — The International Energy Agency (IEA) kept its 2024 global oil demand growth forecast unchanged on Tuesday but trimmed its 2025 estimate, citing the impact […]

Both oil and gas, renewables needed for successful energy transition, offshore leaders say in windfall tax meeting with UK Treasury minister

(WO) – On Monday, Exchequer Secretary to the Treasury, James Murray MP, co-hosted a Fiscal Forum at Offshore Energies UK’s Aberdeen offices with senior industry leaders. Offshore Energies UK CEO David Whitehouse The […]

Impact Oil & Gas becomes 100% owner of exploration block offshore South Africa near Namibia’s prolific Orange basin

(WO) – Impact Oil & Gas Limited’s wholly-owned subsidiary, Impact Africa Ltd, has entered into an agreement with Silver Wave Energy Pte Ltd to acquire its entire interest (10%) in Area 2 offshore South Africa. […]

PETAN seeks partnership with Aradel to boost oil production

*PETAN, led by the Chairman, Engr. Wole Ogunsanya, paid a courtesy visit to the Chief Executive Officer of Aradel Plc, Mr. Adegbite Falade in Lagos. Oritsegbubemi Omatseyin Lagos — The Petroleum Technology Association of Nigeria, […]

PETAN seeks partnership with Aradel to boost oil production

*PETAN, led by the Chairman, Engr. Wole Ogunsanya, paid a courtesy visit to the Chief Executive Officer of Aradel Plc, Mr. Adegbite Falade in Lagos. Oritsegbubemi Omatseyin Lagos — The Petroleum Technology Association of Nigeria, […]

Atiku sounds warning on Dangote Refinery project

Atiku Abubakar, former VP of Nigeria. Mkpoikana Udoma Port Harcourt — Former Vice President Atiku Abubakar has warned against potential attempts to hinder the progress of the Dangote Refinery Ltd, describing the project as a […]

Granite Ridge Resources acquires onshore oil and gas drilling assets across prolific U.S. basins

(WO) – In a quarterly financial update, Granite Ridge Resources revealed it closed multiple transactions in Q2 2024, adding 16.4 net future drilling locations for $22.4 million (including $5.8 million of expected future drilling carries). […]

Argentina to divest in non-core businesses in Vaca Muerta shale drilling push

(Bloomberg) – Argentina’s state-run oil company, YPF SA, is moving to sell several business units and stakes as a divestment plan aimed at focusing its efforts on heralded shale patch Vaca Muerta gathers steam. […]