At the "Final Close-Out of the Addax Transfer, Settlement and Exit Agreement" conducted at the NNPC Ltd’s Towers in Abuja, Nigeria, the Nigerian National Petroleum Company Ltd (NNPCL) terminated the...

According to the BP Energy Outlook 2023, global oil demand is expected to peak between the late 2020s and early 2030s as the Russian invasion of Ukraine is accelerating investment...

Claudio Descalzi, CEO of Eni, and Farhat Bengdara, Chairman of Libya's National Oil Corporation (NOC), signed an Exploration, Production and Sharing Agreement Development (EPSA) contract in Tripoli. The US$ 8...

Eni, a major Oil and Gas Company in Italy, and the national energy company of Algeria, Sonatrach, have struck agreements to speed up emissions reduction and increase energy security. The...

Although technological difficulties prevented Australian company Invictus from extracting a fluid sample to satisfy regulatory standards to proclaim a commercial discovery, significant natural gas and oil reserves have since been...

According to a spokesman for the field's operator, French TotalEnergies, the Dalia offshore oilfield in Angola, which pumps 200,000 barrels per day (bpd), will undergo planned maintenance for more than...

As part of its ongoing attempts to become a significant oil producer on the continent, Uganda began drilling its first oil well in the Kingfisher oil field on Tuesday, January...

To build a bridge for trade between Africa and Europe, Eni and Sonatrach of Algeria will research cooperative initiatives to increase the North African nation's energy export potential, the Italian...

According to the International Energy Agency (IEA), China's reopening will increase global oil demand to a record high of 101.7 million barrels per day (bpd) this year, up 1.9 million...

The Ugandan cabinet said on Thursday that the energy ministry would enter into PSAs with two oil companies, including a subsidiary of Australia's DGR Global, for two oil exploration blocks....