Angola failed to meet government forecasts for oil production in July as its crude output slipped…
Tag: Oil Production
FG to Withdraw Licences of Firms with Dormant Oil Fields
The Federal Government of Nigeria has threatened to withdraw the licences of firms with dormant oil…
Aquaterra Energy Boosts Nigeria’s Offshore Oil Production with Innovative System
To enhance oil production efficiency, offshore engineering firm Aquaterra Energy has secured a multi-million-dollar contract with…
Shell Brasil Greenlights Gato do Mato Project, Aiming for 120,000 Barrels Daily by 2029
Shell Brasil Petróleo Ltda., a subsidiary of Shell plc, has approved the development of the Gato…
Third Explosion Rocks Rivers State: Tensions Soar Over Oil Facility Attacks
A week after the Trans Niger Pipeline explosion in Bodo, Gokana Local Government Area, another blast…
Libya Revives Oil Production at Al Maboruk: A Step Toward Energy Stability
Libya’s oil sector is taking a significant step forward with the resumption of production at the…
BW Energy Uncovers Major 30M-Barrel Oil Field in Gabon
BW Energy has discovered a new oil field in the Bourdon prospect, located within the offshore…
Chevron Exit Fuels Venezuela’s Crisis
The Trump administration cancelled Chevron’s operating license in Venezuela, raising concerns about worsening the country’s economic…
Trump Halts Chevron’s Venezuela Operations Over Migrant Deal Breach
Donald Trump revoked Chevron’s key license to operate in Venezuela after accusing Caracas of failing to…
Uganda to Miss 2025 Target to Begin Oil Production
Uganda will not begin oil production this year, missing a long-standing target to begin extracting crude…