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TotalEnergies sells Nigerian onshore oil assets to Chappal Energies for $860m

*TotalEnergies headquarters in Paris. (Photographer: Nathan Laine/Bloomberg). Paris — TotalEnergies has sold its minority share in a major Nigerian onshore oil joint venture to Mauritius-based Chappal Energies for $860 million, the French energy group said […]

North Sea regulator launches investigation into oil and gas decommissioning practices offshore UK

(WO) – North Sea operators must take action on well decommissioning to support the UK’s supply chain, clean up their oil and gas legacy and stop costs spiraling, the industry regulator has warned. […]

Perenco Cameroon launches first gas-to-industry supply project in Central Africa

(WO) – Perenco Cameroon announced the launch of the Perenco Group’s first gas-to-industry supply project in Central Africa with delivery of gas from the Bipaga Gas Processing Centre, operated by Perenco Cameroon, to the ceramic […]

Community youths shut down Port Harcourt refinery over employment

*One of the protesters at the Port Harcourt Refinery entrance Mkpoikana Udoma Port Harcourt — Youths of Alesa and Alode communities in Eleme, host to the Port Harcourt Refining Company, on Tuesday occupied the main entrance […]

Nigeria to become net fuel exporter by December

*Mele Kyari Oritsegbubemi Omatseyin Lagos — The Group Chief Executive Officer, GCEO, of the Nigerian National Petroleum Company Limited, NNPC, Mr. Mele Kyari, has said Nigeria will be a net exporter of refined petroleum products […]

Angola’s 2025 oil and gas licensing round to follow “string” of milestones from ExxonMobil, TotalEnergies, more

(WO) – To support production growth, Angola has introduced a fresh slate of blocks spanning marginal fields, onshore and offshore opportunities. In a first for the country, five marginal fields are on offer in Block […]

TGS launches early access to Gulf Coast CCS data in Texas, Louisianna

(WO) – TGS announced early access to a comprehensive carbon storage assessment dataset along the Texas and Louisiana Gulf Coast, covering the available GLO lease blocks. This evaluation will help prospective bidders maximize their bid […]

NNPC’s 20% stake in Dangote refinery slashed to 7.2%

NNPC, which is in talks over another oil-backed loan to boost its finances, agreed three years ago to buy shares for $2.7 billion in the 650,000 barrels per day refinery. “NNPC no longer owns a […]

Oil holds its ground as Chinese demand concerns weigh

The reaction of the wider markets to the attempted assassination of former U.S. President Donald Trump was in focus. The U.S. dollar steadied after gains earlier in the session that had weighed on oil. Brent […]

Angola’s 2025 oil and gas licensing round underscores attractive exploration opportunities in Africa

(WO) – With details for Angola’s 2025 licensing round announced earlier this week, African exploration markets are making a push for upstream investment by deploying more attractive terms and offerings for global investors. […]