Nigeria plans to begin exploratory drilling in search of oil in the northeastern Chad Basin region by October, the head of the state oil company, Emmanuel Ibe Kachikwu, said.
Russian state-owned oil and gas giant Gazprom is pondering to create a liquefied natural gas (LNG) distribution hub in Bahrain, which will be meant to intake LNG from various countries, including Russia.
Oilfield services provider Halliburton Co and smaller rival Baker Hughes Inc announced the termination of their $28b merger deal after opposition from US and European antitrust regulators.
Sound Energy, European and Mediterranean focused upstream oil and gas company, has confirmed the commencement of drilling the first well at Tendrara, onshore Morocco.
Russia exported 6.8m ton of crude oil to China in the first quarter of this year, First Deputy Energy Minister Kirill Molodtsov said, adding that the ministry expects more growth.
Portuguese Galp Energia has bought the first European cargo loaded with US natural gas. According to experts, this is the first shipment in a trade relationship that could shake up the European market.
Malta barred entry to a tanker containing the first oil cargo shipped by the government in eastern Libya since the country with Africa’s biggest crude reserves split into competing power centers in its east and west.
Apache North Sea has awarded Subsea 7 a sizeable engineering, procurement, installation, and commissioning (EPIC) contract for the Callater field development, located 335 km northeast of Aberdeen, Scotland.
Nigeria is planning to plant tracking devices on trucks as nearly a third of the country’s fuel supply is being stolen in the midst of crippling shortages in Africa’s largest oil producer.