Category: Uncategorised

Author | Legal Icon | Energy Expert

Germany Purchases LNG from Australia

According to Reuters, the Australian energy giant, Woodside has sent its first LNG shipment to Europe. Germany's Uniper purchased the 75,000-ton shipment. The North West Shelf project in Western Australia...
Read More

Nigeria’s President Buhari Launches Historic Oil Drilling in Northern Nigeria

President Muhammadu Buhari signalled the start of the first crude oil drilling operation in northern Nigeria on Tuesday, on the border of Bauchi and Gombe states. The Kolmani River II...
Read More

Saipem Announces New Drilling Jobs worth $800M in Ivory Coast, Angola and the Middle East

Saipem, an Italian oilfield services company, announced on Tuesday that is has signed several new drilling contracts in the Middle East and West Africa, totaling over $800 million. The company...
Read More

Russia’s Oil Production May Drop by 1.4 Million Bpd In 2023 – IEA

According to the International Energy Agency, if the EU embargo on crude oil imports by sea goes into effect next month, Russia's oil production might decrease by 1.4 million barrels...
Read More

OPEC Cuts Oil Demand Growth Estimates for 2022 & 2023

OPEC cut its forecast for the growth of the world's oil demand for this year and next in its Monthly Oil Market Report (MOMR), which was released on Monday. This...
Read More

COP27: Nigeria’s Minister for Disaster Management Calls for Increased Funding

Sadiya Umar Farouq, the minister of humanitarian affairs, disaster management, and social development (FMHADMSD), yesterday pleaded with developed nations to increase funding for initiatives that would help the most vulnerable...
Read More

COP27: United Kingdom to provide Two Hundred Million Pounds to Support Africa

The government of the United Kingdom has declared that it will contribute an additional £200 million to help African nations adapt to the effects of climate change. The pledge, which...
Read More

Eni and Sonatrach Algeria Announce Start of Production in Berkine Basin

The HDLE/HDLS oil field, which is connected to the Zemlet El Arbi contract and is situated in the Berkine basin about 300 kilometres south-east of Hassi Messaoud, has begun production,...
Read More

COP27: Developing Nations Blame IOCS and Western Nations for Global Warming

In their addresses on Tuesday at the COP27 climate meeting in Egypt, leaders from developing nations accused affluent nations and oil firms of causing global warming and demanded compensation for...
Read More

Uganda Gets ACP-EU Support for EACOP

The 1,443-kilometer-long East African crude oil pipeline project (EACOP), which will be built between the oil wells in Uganda's Western Region and the seaport of Tanga in Tanzania, has received...
Read More