Despite biting economic hardship and shortages in gas supply to critical industries and household, Nigeria lost $1.1 billion, an equivalent of N1.696 trillion, to gas flaring in 2024, as oil and gas ...

Exxon Mobil’s (XOM) shares were up nearly 1% on Thursday afternoon as investors awaited the oil major’s earnings report on ...

Despite President Donald Trump’s calls to "drill, baby, drill,” many oil companies operating in the Gulf will likely sit on ...

MJL Bangladesh, the country's largest lubricant company, has decided to purchase a 12.5% stake in Omera Petroleum from Dutch development bank FMO to strengthen its holdings in the company.

Shell and BP have been trying to close valuation gaps towards similar levels that the major US-based oil players enjoy, which would come around from a bump-up in share prices. Several companies have ...

The energy major's 2024 profit came in under forecasts and fell compared with 2023 due to lower oil and gas prices and lower margins in the downstream business. But management has kept to its $3.5bn ...

Ekperikpe Ekpo, has urged Seplat Energy Producing Nigeria Unlimited (SEPNU) to accelerate its natural gas delivery efforts for domestic use and export markets. The Minister shared this statement on ...

Kazkah President Tokayev wants improved terms in new contracts with Western majors operating the country’s leading projects ...

The initiatives seek to improve the quality of life of vulnerable populations while fostering long-term stability in the region, in line with the United Nations Sustainable Development Goals (SDGs) ...