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Trump Reveals Venezuela to Hand Over Millions of Barrels of Oil

Trump Announces Venezuela Oil Transfer to U.S. as Plans to Revive Caracas Production Unfold

TotalEnergies Sells 40% Offshore Stake to Chevron in New Nigeria Exploration Deal

TotalEnergies Sells 40% Stake in Nigerian Offshore Licences to Chevron Subsidiary

Nigeria Urges Indigenous Firms to Boost Oil Production

“The transfer of ownership from IOCs to Nigerian firms would lead to increased output. Divestment…

Shell Unveils Strategic Plan to Boost Shareholder Returns

The focus now, according to Sawan, is not just on managing Shell’s existing operations, but…

Chevron to Power AI Data Centers with U.S. Natural Gas

Chevron and investment firm Engine No. 1 have announced a strategic partnership to develop large-scale…

Namibia’s Oil and Gas Sector Remains Optimistic Despite Shell Setback

Namibia’s oil and gas development ambitions remain on track despite Shell’s recent announcement that some…

Shell Expands 3 Silvertip Project to Boost U.S. Gulf Oil Production

Shell Offshore Inc., a subsidiary of Shell plc (Shell), has announced the Final Investment Decision…

OPEC’s Embrace: Namibia’s Oil Journey Set to Ignite in 2030

The Organization of the Petroleum Exporting Countries (OPEC) is setting its sights on Namibia as…

Oil Giant Shell Posts Full-Year Profit Beat, Announces $3.5 Billion Share Buyback

British oil giant Shell on Thursday, 1st February 2024, beat expectations for full-year profit, announcing a 4%…

Energy giant ExxonMobil sues EU Against Excess Profit Tax

US oil major ExxonMobil is suing the EU in a bid to force it to…

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