Operators can implement controls and shift their mindsets to shield against inflationary pressures and uncertainties around labor and material supply.
Nigeria’s rig count has been growing since the last quarter of last year and crude oil production has also been on the rise on the back of aggressive exploration and improved security in the Niger Delta. OPEOLUWANI AKINTAYO examines the impact these recent developments would have on the country’s economy Nigeria’s oil rig count has maintained an […]
Calgary-based Baytex Energy Corp. announced on Tuesday that is has agreed to acquire Eagle Ford Shale pure play Ranger Oil Corp. for $2.5 billion, including net debt of $650 million.
A French court has rejected a demand to suspend a controversial oil and gas project largely owned by energy giant TotalEnergies in East Africa. But a lesson could be drawn from the verdict.
Independent oil and gas exploration and production company Tullow Oil has named Roald Goethe as its new independent non-executive Director.
The United States produces more oil and gas than any other country.
Higher global oil prices have encouraged investments in these fields
European banks are quietly continuing to tighten their oil and gas policies in significant ways, in contrast with the US where debate is raging about the acceptability of limits on fossil fuel financing.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says five petroleum industry regulations have been gazetted.
Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil and gas it produces by 2030.