Blog
BP SEEKS BUYERS FOR US NATURAL GAS PIPELINE SYSTEM STAKE.
BP is seeking buyers for a stake in its U.S. natural gas pipeline network, potentially raising up to $3 billion to reduce its growing debt. This sale is part of CEO Murray Auchincloss's strategy to improve the company's financial performance amid investor pressure and ongoing concerns about its energy transition plans.
- 1 year, 10 months
NANKABIRWA: UGANDANS IMMENSELY BENEFITING FROM OIL AND GAS SECTOR.
Uganda's oil and gas sector has significantly reduced unemployment, with 90% of its workforce being locals, including many from communities directly involved in the industry. Efforts to promote local participation include extensive training programs, joint ventures, and a focus on providing goods and services through Ugandan companies, contributing to the country's economic growth.
- 1 year, 10 months
ARAMCO, TOTALENERGIES, AND SIRC PARTNER ON SAF PRODUCTION IN SAUDI ARABIA.
Aramco, TotalEnergies, and SIRC have signed an agreement to develop a Sustainable Aviation Fuel (SAF) production unit in Saudi Arabia, using local residues like used cooking oil and animal fats. This collaboration supports Saudi Arabia's Vision 2030 and Green Initiative, aiming to reduce aviation emissions and promote a circular economy.
- 1 year, 10 months
CHEVRON'S $1 BILLION ANNUAL SPENDING BOOSTS NIGERIA'S OIL AND GAS SECTOR DEVELOPMENT.
Chevron's annual spending of approximately $1 billion on Nigerian suppliers is vital for the growth and sustainability of the country's oil and gas sector. The company remains committed to fostering local capacity, creating job opportunities, and supporting Nigeria’s long-term economic development through strong partnerships and investments.
- 1 year, 10 months
SHELL AND EQUINOR TO FORM UK OIL AND GAS JOINT VENTURE.
Shell and Equinor are merging their UK offshore oil and gas assets into an equal joint venture, expected to produce over 140,000 barrels of oil equivalent per day, with the deal to be finalized by 2025. The new entity will become the largest independent producer in the British North Sea, while both companies retain control over specific assets, including offshore wind and carbon capture projects.
- 1 year, 10 months
AFRICAN ENERGY CHAMBER URGES IVORY COAST TO CONTINUE BEING A HOME OF OIL & GAS (O&G) INVESTMENT.
Ivory Coast is becoming a major force in West Africa’s oil and gas sector, attracting significant investments through strong policies, local content initiatives, and innovative partnerships. With key projects like the Baleine field and new discoveries such as the Calao find, the country is positioning itself as a regional energy hub while focusing on sustainability and economic growth.
- 1 year, 10 months
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