TotalEnergies sells stake in Nigeria’s bonga oilfield to Shell for $510m
TotalEnergies agreed to sell its 12.5 per cent stake in Nigeria’s Bonga offshore oilfield to Shell for $510…
Browsing Tag
oil and gas
Egypt explores new mechanisms to secure local gas needs, ease import burden
Egypt’s Ministry of Petroleum, the Egyptian General Petroleum Corporation (EGPC), and the Egyptian Natural Gas…
Norway’s oil, gas investment to hit record in ’25
Norway’s oil and gas investments are set to reach a record 269.1 billion crowns ($26.62 billion) in 2025, up from…
Egypt’s Petroleum Min. opens TAQA’s new operations centre
Egypt’s Minister of Petroleum Karim Badawi inaugurated Saudi TAQA’s new Integrated Operations Centre in Katameya on…
Egypt, Shell discuss scaling up oil, gas projects
Egyptian President Abdel Fattah El-Sisi met with Shell CEO Wael Sawan on Thursday to discuss expanding the…
Egypt’s c. bank forecasts growth rebound in FY2024/25 as economy recovers
Egypt’s Central Bank expects real GDP growth to rebound to 4.3 per cent in the fiscal year 2024/25, up from 2.4 per…
Malaysia, Turkmenistan pledge stronger oil, gas effort
Malaysia and Turkmenistan leaders affirmed their commitment to enhancing collaboration in the oil and gas industry.
BP, Apollo reach $1b partnership on Trans Adriatic Pipeline
BP and Apollo on Monday announced a strategic partnership, the two companies said in a joint statement.
Khalda Petroleum announces new oil discovery in Egypt’s Western Desert
Khalda Petroleum, which operates concessions in Egypt for US Apache Corp, has made a new oil find in the west of…
AfDB forecasts Algeria’s GDP to grow by 4.0% in ’24, 3.7% in ’25
The African Development Bank (AfDB) forecasts Algeria’s gross domestic product (GDP) will grow by 4.0 per cent in…