BP says it paid £1.2bn in UK taxes last year amid Government plans to raise more
The energy firm said the total amount of taxes paid in 2025 include £422 million raised from the energy profits…
Africa
Wandayi: Turkana oil production to start before year-end
Kenya is on course to begin commercial oil production in Turkana before the end of the year, Energy Cabinet Secretary…
Europe
Kremlin says Europe needs Russian oil and gas to ‘survive’
The Kremlin’s economic envoy told AFP on Thursday that Europe needed Russian oil and gas to “survive” the energy crisis…
Africa
Etu Energias Moves to Block Energean’s Acquisition of Chevron-Operated Offshore Angola Blocks 14 and 14K
Exploration and production firm Energean said on Wednesday that Chevron had notified the group that Etu Energias has moved to…
Africa
Sonatrach Targets Niger Expansion With New Drilling and Seismic Deals
Algeria’s state energy giant Sonatrach and Niger’s state-owned petroleum company SONIDEP have signed three memoranda of understanding aimed at expanding…
South America
Brazil, Guyana and Venezuela Transform South America Into the World’s Fastest Growing Oil Export Region in 2026
South America has raised its oil exports more than the U.S. has done so far this year as key producers…
Africa
Dangote Breaks Ground on 700,000-Bpd Second Crude Processing Unit
Africa’s biggest refinery is getting bigger. Nigeria’s Dangote refinery has started work on a second crude processing unit that will…
Middle East
KEPCO Wins $1.4-Billion power Project for $100-Billion Saudi Jafurah Field
South Korea’s state-run utility Korea Electric Power Corp. (KEPCO) has won a $1.4-billion deal with Saudi oil giant Aramco to…
Europe
All staff redundant as UK engineering firm in administration
All staff have been made redundant after a manufacturing company ceased trading. The UK company was placed into administration by…
Africa
Italy’s Eni wins exploration rights for oil, gas blocks off Guinea
Italian energy giant Eni has signed an oil and gas exploration deal with non-producing Guinea, the company confirmed June 3,…
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