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Angola’s largest private producer targets 80,000 bpd

Angolan oil producer Etu Energias is pursuing accelerated oil production in Angola, with advancements in onshore exploration and offshore development positioning it to achieve its 80,000 bpd goal. Etu Energias has eight exploration […]

Navy seizes 105,450 litres of AGO, arrests eight in Bonny

*Illegally acquired AGO laden in six Geepee tanks intercepted by operatives of the Nigerian Navy in Bonny, Rivers. Mkpoikana Udoma Port Harcourt — The Nigerian Navy has uncovered and neutralized a massive illegal petroleum products […]

Nigeria LNG inks long-term contracts to secure gas supply

*Nigeria LNG (NLNG) plant, Bonny Island Photo: Daewoo Engineering Lagos — Nigeria LNG Ltd has inked 20-year gas supply contracts with NNPC Ltd and other oil firms for the supply of 1.29 billion standard cubic […]

News

NOIA speaks out after Trump halts nearly complete Revolution Wind project

After the U.S. Department of the Interior ordered all work on the nearly complete Revolution Wind project to stop on Friday, National Ocean Industries Association (NOIA) President Erik Milito issued the following statement: […]

Trump withholds Venezuelan oil approval for non-U.S. majors

Venezuelan president Nicolas Maduro (Bloomberg) — The Trump administration is withholding approval for several Western oil majors seeking to operate in Venezuela, ramping up pressure on Nicolás Maduro’s government even as Chevron Corp. […]

Etu Energias targets 80,000 barrels per day

*Angolan oil producer Etu Energias. – Joins AEW 2025 as Silver Partner Cape Town, South Africa — Angolan oil producer Etu Energias has joined this year’s African Energy Week (AEW): Invest in African Energies conference […]

Surging US LNG exports to fuel growth in shale gas production

U.S. LNG exports are on track to soar from a record 11.9 billion cubic feet per day (bcfd) in 2024 to 21.5 bcfd in 2030, according to a U.S. Energy Information Administration, (EIA) outlook. U.S. […]

Cenovus to acquire oil sands producer MEG for $5.7 billion

Christina Lake operations. Image: Cenovus Energy Cenovus Energy has entered into a definitive agreement to acquire MEG Energy in a cash and stock transaction valued at $7.9 billion CAD ($5.7 billion USD), inclusive […]

Africa’s $100bn refining opportunity unlocks as new capacity surges toward 2030

*Aliko Dangote, President of the Dangote Group standing in front of a section of his multi-billion-dollar Dangote Refinery. Cape Town, South Africa — Africa is set to add 1.2 million barrels per day (bpd) of […]

ConocoPhillips signs 20-year LNG purchase agreement with Sempra

ConocoPhillips has signed a long-term sales and purchase agreement (SPA) to purchase 4 million tonnes per annum (MMtpa) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 2 project under development by Sempra […]