Turkey will conduct natural gas and oil exploration missions in Somali waters, deploying its research vessel…
Tag: oil
Foreign Investors Secure Majority Stake in Aramco’s $11.2 Billion Share Sale
Saudi Arabia has successfully sold over half of its $11.2 billion secondary share offering in Aramco…
Aramco’s New Public Offering: A Boost for Saudi Arabia’s Vision 2030?
State-owned oil giant Aramco’s new public offering comes at a critical time for Saudi Arabia, as…
TotalEnergies and Petrobras Expand Oil Fields in Brazil for Increased Production
Oil giants TotalEnergies and Petrobras have decided to extend two oil fields in Brazil, TotalEnergies announced…
TotalEnergies Reaches 2 GW of Renewable Energy Capacity in France
TotalEnergies, the energy giant, announced on Thursday that it has achieved a total capacity of 2…
Africa : Galp Energia Withdraws from Mozambique Gas Exploration
The Portuguese oil and gas group Galp Energia has reached an agreement to sell a 10%…
Angola : TotalEnergies launches deepwater offshore project
TotalEnergies announced on Tuesday the launch of an offshore oil project off the coast of Angola,…
Russia Continues as China’s Primary Oil Provider for the 12th Consecutive Month in April
In April, Russia maintained its position as China’s primary oil supplier for the 12th consecutive month,…
Africa : Benin renews authorisation for Nigerian oil exports
The export of Nigerian oil through the Beninese port of Sèmè has been authorized once again,…
Aramco, the Saudi company, announces a 14.5% decrease in its net profit in the first quarter.
Saudi Aramco, the oil giant, reported a net profit of $27.27 billion in the first quarter,…
Balancing Energy Security and Decarbonization: The Role of Oil Companies in the Energy Transition
The 2022 energy crisis has created uncertainty about global energy security. However, it has not been…
Powering Africa: Egypt’s experience
To achieve SDG 7, access to affordable, reliable and modern energy services for all must be…