The oil-rich nation’s state-owned outfit has also refuted claims of unremitted funds to Nigeria’s federation since January.
Woodside has successfully negotiated an end to the two-year legal challenge by the Australian Conservation Foundation (ACF) concerning the environmental approval of its Scarborough, UK, energy project.
Quantum Capital Group has completed the acquisition of Caerus’ oil and gas operations in a deal valued at $1.8bn.
India’s Bharat Petroleum Corporation (BPCL) plans to make investment of Rs1.7tn ($20.26bn) to expand its core oil refining and fuel marketing business.
Norway’s state-owned energy giant Equinor suspended production at its Gullfaks C platform late on Sunday due to a “well control incident.”
Diversified Energy has closed the acquisition of interest, operated natural gas properties and related facilities in eastern Texas, US, from Crescent Pass Energy.
Turkey is set to dispatch its research vessel, the Oruc Reis, to oil blocks offshore Somalia next month, in a strategic move to diversify its crude supply and strengthen its energy security, reported Bloomberg.
Chevron will pay Richmond $550m over ten years as part of a settlement that led to the withdrawal of a planned tax initiative on the oil company’s refinery.
Spanish company Cepsa has agreed to sell its liquefied gas subsidiary, Gasib, in Spain and Portugal to a unit of Chile’s Empresas Copec.
MOL Pakistan, a fully owned subsidiary of MOL Group, has made three gas discoveries in the TAL Block located in the Kohat Plateau of Khyber Pakhtunkhwa.
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