Petrobras Shifts Focus to Local Greenfield Projects

Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…

World Bank Grants Iberdrola €300m to Develop Renewable Projects

The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…

TotalEnergies Plans to Invest $6bn in Nigeria’s Oil and Gas

TotalEnergies plans to invest $6 billion, focusing on offshore oil projects and boosting gas production. According…

South Africa Selects Gazprombank as Investment Partner for Gas-to-liquid Refinery

South Africa has agreed to the national oil company PetroSA’s recommendation to select Russia’s Gazprombank Africa…

Norway, Scotland Signs Agreement for Floating Wind Project

A Norway-based offshore wind company, Vargronn and Scotland’s Flotation Energy, have signed an agreement to develop…

Electric Cars to Increase 10 times by 2030 –IEA

The International Energy Agency (IEA) has said there will be almost ten times as many electric…

Oil and Gas Production to Increase in Few Months –NUPRC

The Nigeria Upstream Petroleum Regulatory Commission has said oil and gas production in Nigeria will increase…

South African Gas Master Plan Nears Completion

South Africa has completed its Master Gas Plan market. This is part of its overall strategy…

IOCs Bid for Oil and Gas in Lebanon

Lebanon’s energy ministry has said that Total Energies, Eni, and Qatar Energy have made a last-minute…

Guyana Offers ExxonMobil More Investment Than Nigeria

Guyana-Suriname Basin, an Atlantic-margin basin in South America, is offering ExxonMobil Corp. better terms than Nigeria.…