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bp plc
Europe

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…
Wandayi: Turkana oil production to start before year-end
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…
oil drilling
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…
Etu Energias Moves to Block Energean's Acquisition of Chevron-Operated Offshore Angola Blocks 14 and 14K
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…
Sonatrach
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…
Brazil, Guyana and Venezuela Transform South America Into the World's Fastest Growing Oil Export Region in 2026
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…
Dangote-Refinery,-Nigeria
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…
Saudi-Jafurah-Field
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…
All staff redundant as UK engineering firm in administrationAll staff redundant as UK engineering firm in administration
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…
Eni
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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