News

Israel's strikes on Iran have expanded to target oil and natural gas sites including a section of the South Pars field, one of the world's largest gas fields, according to press reports.
Domestically, he pointed to South Korea's significant emergency oil storage (approximately 100 million barrels) and its evolving “optimal mix” of energy sources – nuclear, gas, solar, wind ...
E teams up with PETRONAS in a 50:50 joint venture to merge oil and gas assets across Southeast Asia, targeting a 500,000 boepd output.
Africa's upstream oil and gas sector is on the precipice of significant growth, boosted by a $54 billion capital expenditure drive expected by 2030.
World Bank to end ban on nuclear energy projects, still debating upstream gas By Andrea Shalal June 11, 20254:06 PM PDTUpdated June 11, 2025 ...
The AEC urges the World Bank to turn its policy review into meaningful action. Supporting upstream oil and gas development is not only an economic necessity – it is a moral imperative if we are ...
According to its “Crude Oil and Condensate Production May 2025,” in the period under review, Nigeria’s crude oil and condensate outputs were 1.45mbopd and 204,493bopd respectively.
Italian energy major Eni S.p.A. E has signed a major Framework Agreement with Malaysian state energy giant PETRONAS to merge their upstream oil and gas assets in Indonesia and Malaysia, paving the ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has welcomed a delegation from the Independent Petroleum Producers Group (IPPG) at its headquarters in Abuja. The visit was led by ...
As a foremost regulator and business enabler, of the upstream petroleum oil and gas sector, he has deposited both his time, energy and resources at ensuring he creates a more fulfilling and ...