The Federal Government of Nigeria has said it would soon begin enforcement of the "drill or drop" provisions of the ...

Shell has completed the sale of its interest in subsidiary Shell Singapore Pte. Ltd.’s integrated refining and petrochemical ...

The Federal Government has called on International Oil Companies (IOCs) operating in Nigeria to ramp up investments in the country’s oil and gas sector, emphasizing that the administration of ...

Serica Energy (SQZ) is in the midst of negotiating a merger with EnQuest (ENQ), moving from Aim to the main market, while also lobbying the government for lower taxes after 2030. Its 2024 results show ...

The AIM-listed group now expects to deliver between 33,000 and 37,000 barrels of oil equivalent [boepd] per day this year, ...

Brazilian state-controlled oil company Petrobras has launched a new tender to contract a mid-sized floating production, ...

The spending plans for 2025 indicate that the oil giants are prioritizing efficiency and returns over aggressive growth ...

EQNR begins production at the Johan Castberg oil field in the Barents Sea, with expected plateau production in 2025 and the ...

Serica Energy, a British oil and natural gas company, lowered its production forecast for 2025 on Tuesday due to delays at its ...

Reduced production of around 27,600 boepd in the first quarter of 2025 was due to the shutdown of the Triton FPSO in February and March, the firm explained. Production has been disrupted due to damage ...

Serica Energy reported a fall in profit for 2024 on Tuesday, as lower production volumes and realised gas prices weighed on ...

Serica said on Tuesday that production guidance for 2025 has now been amended to between 33,000 boepd and 37,000 boepd, ...