Adnoc Acquires Covestro for €12B, Strengthens Diversification in Europe

Adnoc, the UAE’s national oil company, has acquired German chemical giant Covestro for €12 billion. This…

Nigeria’s Oil and Gas Sector is Poised for a $10 billion Investment Surge

Nigeria, aiming to attract $10 billion in oil and gas investments over the next 12-18 months,…

Vital Energy Expands Permian Footprint in $1.1 Billion Acquisition Deal

Vital Energy, in partnership with Northern Oil and Gas Inc., has finalized a major agreement to…

Galp Calls for Partner to Develop Namibia Oil Block

Portugal’s Galp Energia has stated that they will need a partner to develop a prolific oil find…

LIBYA: Arabian Gulf Oil Company to Suspend Operations

Arabian Gulf Oil Company to suspends operations Government fails to approve the budget for 2020/2021 Libya…