oil and gas

BP Strategy Reset: Prioritizing Oil and Gas Over Green Energy

BP Strategy Reset: Prioritizing Oil and Gas Over Green Energy

Reversing its earlier ambitions, BP a British multinational oil and gas company, one of the world's oil and gas "supermajors"… Read More

2 months ago

The Lunch Hour: Kola Karim – Nigeria Should Be Producing 4–5 million Barrels of Oil Per Day

"We saw an opportunity to deepen our participation in oil and gas, and we took it." Kola Karim is the… Read More

2 months ago

Angola’s Oil and Gas Sector Ripe for Investment Post-OPEC

At the Africa Energy Week (AEW) 2024, Angola’s Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, emphasised the nation’s… Read More

6 months ago

Top 5 Indian Oil And Gas Billionaires

India, one of the world's largest economies, has a well-known oil and gas sector full of Billionaires. Major players like… Read More

7 months ago

Aramco Shelves Saudi Chemical Project as Focus Shifts to Asia

Saudi Arabia’s petroleum giant, Saudi Aramco, has canceled plans for a major chemical project while reviewing other investments as it… Read More

7 months ago

Shell to Reduce Exploration Workforce by 20% as Part of $3 Billion Cost-Cutting Plan

Shell, in a bold move to cut costs, plans to reduce its workforce by 20 per cent in its oil… Read More

8 months ago

Strategic Refining Hubs: How Nations Without Oil Reserves Drive Global Economy

In the complex web of global energy markets, some of the most crucial players are countries that, paradoxically, have little… Read More

8 months ago

Refineries: New superpowers overtake once dominant Western oil companies

Key Points Shift in Refining Landscape: Historically dominated by international oil companies (IOCs). Now led by national oil companies (NOCs)… Read More

10 months ago

NNPC subsidiary NETCO posts 137% profit increase in 2023, sets 2024 ambitious goal

The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd.), has reported… Read More

11 months ago

Upstream Oil And Gas Investments Fell By 27% From 2019 To 2020

Upstream oil and gas investments fell by 27% from 2019 to 2020, on top of reduced investments since 2015. This… Read More

3 years ago

Oil Marketers, PENGASSAN, NUPENG Warn Against Creation Of Monopoly by PIB

Oil marketers as well as the two unions in the oil and gas industry, Petroleum and Natural Gas Senior Staff… Read More

4 years ago

Scottish Startup Founded By Nigerian Secures £1.2M Investment

Research and Development (R&D) outfit RAB-Microfluidics, founded in 2016 by Nigerian Dr. Rotimi Alabi and spun out of Scotland’s University… Read More

4 years ago