Oil prices rallied early on Monday amid EU consultations about potentially joining the U.S. in banning imports of Russian oil.
The shock waves of the move would end up costing the UK economy more than $90 billion, the country’s chancellor said.
BP and Eni confirmed today that they have signed an agreement to form a new 50/50 independent company.
The Duport Modular Refinery financed with equity participation by the Nigerian Content Development and Monitoring Board (NCDMB) will be ready for commissioning by end of March
VAALCO Energy has provided an update on the Etame field reconfiguration in conjunction with the replacement of the existing Floating Production, Storage and Offloading unit (FPSO) with a Floating Storage and Offloading vessel (FSO) offshore Gabon
Zenith Energy has announced that it has elected to not renew the Option Agreement with Noble Hill-Network Limited, first announced to the market on November 29, 2021, for the purchase of a 42% (forty-two percent) interest in the share capital of NHNL.