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May 22, 2024
Environmental activists have rejected Shell's divestment plans and potential exit from the country without following the due process of
May 22, 2024
Galp shares jumped 21 percent after the company said in April that a well test potentially indicated Mopane could be an important commercial find in Nami...
May 22, 2024
A company owned by Australian mining billionaire Andrew Forrest will no longer develop the world’s biggest hydropower project in Democratic Republic of Congo, according to President Felix Tshisekedi’s office, which has replaced the firm with a Nigerian oil producer. Natural Oilfield Services signed a preliminary deal with Congo on May 9 to build a smaller version of Fortescue's proposed Grand Inga project, which would have generated around 40 GW of hydropower.
May 22, 2024
Civil society organisations have asked Shell to address the environmental impacts of its operation in the Niger Delta region.
May 22, 2024
The London-based major now aims to reduce its net carbon intensity by 15% to 20% by 2030, compared with a previous target of 20%.
May 16, 2024
Sembcorp Industries, Macquarie Group, and JSW Neo Energy have also submitted non-binding bids for the green energy company.Ayana has 5 GW of operational and under-construction green energy projects, which it aims to double to 10 GW next year
May 7, 2024
The world’s biggest crude oil exporter announced the total payout, including a special component, for the first quarter.
May 7, 2024
BP Plc maintained the pace of its share buybacks even as first-quarter profit and cash flow fell by more than expected and net-debt increased. The result…
May 5, 2024
Natural gas markets have recorded a sharp spike in the current week with Henry Hub prices jumping 24% to $2.06/MMBtu as Europe mulls cut...
May 4, 2024
Producers and midstream companies are increasingly bullish on the Eagle Ford’s natural gas prospects.