Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at all. Yet the islands are deep wells of profit for European oil giant Royal Dutch ...
BP is set to make around 7,500 compulsory redundancies after roughly 2,500 staff - or just over one in ten of those eligible - applied for voluntary severance, according to an internal memo seen by ...
The firm’s only Africa outpost has expanded its roster in less than a decade to more than 60 lawyers with lateral hires from ...
The coordinator of the Southern Judicial Region of the Attorney General's Office (PGR), Vanderley Bento Mateus, acknowledged on Monday in Lubango the existence of flaws in the oversight of pretrial ...
The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals.
BP Plc (NYSE: BP) approved a $5 billion oil and gas project in the Gulf of America, reinforcing its commitment to the offshore basin as a driver of future growth. The Tiber-Guadalupe development is ...
BW Energy has started a process to potentially acquire Azule Energy’s non-operated interests in Block 14/14K, offshore Angola. According to BW Energy, the move is part of its continuous consideration ...
By Elizaveta Evseeva, International Fellow, African Energy Chamber ( Africa’s hydrocarbon frontier is at an inflection point. Large areas remain under ...
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Global Oil Majors Return to Frontier Exploration for Growth
Global oil and gas majors are increasingly refocusing on frontier regions and technically challenging areas to discover new conventional oil and gas volumes, driven by shrinking reserves and rising ...
As a longtime promoter of African energy potential, Descalzi has overseen major hydrocarbon projects in countries from Congo to Libya to Nigeria — both oil and natural gas. Under his leadership, Eni ...
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