Energy

Oil major, Shell, has appointed the first female Chief Executive Officer/Managing Director for its Nigerian subsidiary. The appointment of Ms Elohor Aiboni was announced by...

REVIEW OF MARCH SECOND PRICING-WINDOW Local Fuel Market Performance  Price of fuel on the local market remained largely stable within the window under review. Price...

The business world seems to have doubts about the economic viability of the energy transition, a survey by Standard Chartered has suggested. According to the...

Oil product tanker rates have surged almost double since a giant container ship ran aground the Suez Canal on Tuesday, blocking traffic on the vital...

European oil majors Shell, Eni, and OMV are looking to sell their oil and gas assets in North African country Tunisia, sources in the industry...

Algeria, Chad, Iraq and Nigeria will be among the first countries to experience political instability as oil producers feel the effects of a transition to...

Aker Energy has terminated its agreement with Yinson Holdings Berhad for the provision of a purpose-built Floating Production Storage and Offloading (FPSO) vessel to be...

HitecVision-backed Norwegian energy company Sval Energi has completed its $300 million acquisition of Edison Norge, expanding its portfolio and workforce as part of the company’s...

Over the last decade, Russia’s sphere of influence in Africa has been broadening. Among, peace, security, and investment, natural resources have been at the forefront...

After last year’s lowest spending on new field developments in 30 years, the offshore oil and gas sector is set to significantly increase capital expenditures...