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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.
It announced in 2017 it would stop funding upstream oil and gas projects beginning in 2019, although it would still consider gas projects in the poorest countries.
The African Energy Chamber (AEC) (www.EnergyChamber.org) is calling on the World Bank to end its ban on financing upstream oil and gas projects, urging the institution to align with Africa’s urgent ...
The programme is designed by Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to boost daily crude oil production.
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 ...
These divestments, which were closely overseen by the Commission, have enabled a significant transfer of upstream oil and gas assets to indigenous operators.
By Paul Ikpambese With a vision that stretches beyond the horizon, Engineer Gbenga Komolafe is crafting a legacy of groundbreaking reforms that are revolutionising the oil and gas industry. His ...
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