(Bloomberg) – French energy major TotalEnergies SE may greenlight a $750 million gas project in Nigeria next year, potentially signaling that the African nation’s efforts to revive investment in its hydrocarbon production are making progress. SourceContinue Reading
South Africa is in talks to obtain liquefied natural gas from Qatar as the country faces a decline in supplies from neighboring Mozambique in the coming years. SourceContinue Reading
Russia’s controversial Nord Stream 2 pipeline lost the latest round of its legal fight against European Union gas market rules, in a largely symbolic court defeat for the now-shuttered project. SourceContinue Reading
(Bloomberg) – Suncor Energy Inc.’s crude output from wells in Alberta rose to a record in October on gains at the Firebag oil sands site, which the producer’s chief executive has called a “rock star” operation. SourceContinue Reading
The African Energy Chamber (AEC) has voiced its support for the inaugural Congo Energy & Investment Forum (CEIF), set to take place in March 2025. This milestone event signals the nation’s commitment to strengthening its role as a key energy player on the continent. SourceContinue Reading
Empire Petroleum Corporation announced that it has entered into an amendment to its Revolver Loan Agreement with Equity Bank, increasing the total principal commitment to $20.0 million, up from an initial $10.0 million through December 29, 2026. SourceContinue Reading
Enverus Intelligence® Research (EIR), a subsidiary of Enverus, has released its annual Montney and Duvernay Play Fundamentals that examines recent drilling trends, well inventory counts and associated economics within both Canadian plays. SourceContinue Reading
McDermott has received the ISO 50001 certification for energy management at four of its major fabrication yards. These certified yards are integral to McDermott’s engineering, procurement, construction, and installation (EPCI) services, enabling major offshore and onshore projects worldwide. SourceContinue Reading
(Bloomberg) – Alberta intends to invoke legislation allowing it to defy a federally proposed cap on emissions from the oil and gas industry in opposition to Prime Minister Justin Trudeau. The Canadian province holds the world’s third-largest crude reserves in its oil sands. SourceContinue Reading
