You are Here

Category: Gas

Corporate News Exploration Gas International

Egypt Signs $340 Million Oil and Gas Exploration Deals with Shell, Eni, ARCIUS, and Zarubezhneft

Egypt Secures $340M Investment from Shell, Eni, ARCIUS, and Zarubezhneft for Mediterranean and Delta Exploration The Egyptian Natural Gas Holding Company (EGAS) has signed four major agreements with Shell, Eni, ARCIUS Energy, and Russia’s Zarubezhneft to expand oil and gas exploration in the Mediterranean and Nile Delta regions. The agreements cover the drilling of 10 wells, with total minimum investments exceeding $340 million. Mahmoud Abdel Hamid, Chairman of EGAS, signed the agreements in the presence

Loading

Read More Here

Oil Exploration Gas News

Africa’s Energy Sector Surges in 2025 with Major Oil and Gas Discoveries

Africa’s 2025 Oil and Gas Boom: Congo, Rwanda, Namibia, and Angola Lead Exploration Growth Africa’s energy sector is accelerating in 2025, as countries across the continent announce major oil and gas discoveries, issue new exploration licenses, and launch ambitious surveys to tap untapped reserves. One of the latest developments is a new oil exploration licensing agreement between the Republic of Congo and Qatar. From Central Africa to the Atlantic coast, governments and international energy companies

Loading

Read More Here

Local Gas Oil Technology & Innovation

Angola’s Oil & Gas Sector Embraces Digital Innovation and Clean Energy

Angola’s Oil & Gas Sector Embraces Digital Transformation and Clean Energy Transition Angola is accelerating its transformation into a modern energy hub by deploying cutting-edge digital technologies in oil and gas exploration while expanding its renewable energy portfolio. The country, traditionally dependent on crude exports, is pursuing a balanced strategy: boosting efficiency in hydrocarbon production while investing in clean energy and infrastructure that can power sustainable growth. Angola’s oil-rich offshore basins remain a cornerstone of

Loading

Read More Here

Corporate News Gas International

Shell Nears Acquisition of Egypt’s Offshore Rahmat Gas Field

Shell is close to finalizing a deal to acquire development rights for Egypt’s offshore Rahmat natural gas field. The deepwater field is estimated to hold 1.3 trillion cubic feet of natural gas and 80 million barrels of condensate, according to data from the Pharaonic Petroleum Company, a joint venture between BP and the Egyptian government, Asharq Business reported. BP previously controlled the concession but relinquished it two years ago after missing the development deadline. Shell

Loading

Read More Here

International Gas News Oil

Mozambique President Urges African Businesses to Join LNG Project Supply Chain

Mozambique Invites African Entrepreneurs to Partner in $20 Billion LNG Project Mozambican President Daniel Chapo has called on African business leaders, particularly from Mozambique and Rwanda, to form partnerships supporting the logistics and supply chain of a major Liquefied Natural Gas (LNG) project led by TotalEnergies. The $20 billion project had been suspended in 2021 following a terrorist attack on Palma, in Cabo Delgado province, but is now poised for resumption. Speaking at the Kigali

Loading

Read More Here

Corporate News Gas International

BPCL Secures LNG Marketing Rights from Mozambique Project as Development Resumes

Bharat Petroleum Strengthens Upstream Presence with Mozambique LNG Project Revival Bharat Petroleum Corp. Ltd (BPCL) has secured the rights to market liquefied natural gas (LNG) from Mozambique’s long-delayed Offshore Area 1 project, in which it holds a 10% stake, as full-scale development is set to resume following improved security conditions. Addressing BPCL’s annual general meeting, Chairman and Managing Director Sanjay Khanna said the project, jointly owned by three Indian public sector undertakings (PSUs) with a

Loading

Read More Here

Gas International News

Senegal to End Natural Gas Imports by 2026

Senegal to Stop Gas Imports in 2026, Saving 140 Billion CFA and Lowering Electricity Costs Senegal will cease importing natural gas starting in 2026, Prime Minister Ousmane Sonko announced, citing projected annual savings of 140 billion CFA francs and a reduction in electricity costs. Local production will replace expensive imports used for power generation. This move comes as Senegal emerges as a new oil and gas producer, with operations beginning at the Greater Tortue Ahmeyim

Loading

Read More Here

International Economy Gas News

Economist Advocates for Gas Development to Boost Namibia’s Economy

Namibia Should Prioritize Gas Over Oil to Create Jobs and Drive Economic Growth, Says Economist Economist Robin Sherbourne has urged Namibia to place greater emphasis on gas development, arguing it offers far more potential for job creation and local economic benefits than oil. Speaking on BW Energy’s Kudu gas project, Sherbourne noted that while oil may generate significant government revenue, it creates limited direct employment opportunities. In contrast, gas development can play a transformative role

Loading

Read More Here

International Energy Gas News Oil

Mozambique LNG Project Set to Resume, Aiming for Global Energy Supply by 2030

Mozambique LNG Megaproject to Restart in 2025, Supplying Japan and Asia by 2030 Construction of TotalEnergies’ liquefied natural gas (LNG) project in Mozambique is expected to resume by September 2025, with production projected to begin between 2029 and 2030, Mozambican President Daniel Chapo told the Japanese newspaper Nikkei last week. The $20 billion project, which also involves Mitsui & Co., was suspended in 2021 following an attack by Islamist militants. TotalEnergies has requested security guarantees,

Loading

Read More Here

Corporate News Gas International Petroleum

Seplat Energy Completes First Domestic LPG Supply, Boosts Nigeria’s Energy Security

Seplat Energy Delivers First Domestic LPG Supply to Cut Cooking Gas Imports and Strengthen Nigeria’s Energy Security Seplat Energy PLC has successfully completed its first domestic supply of Liquefied Petroleum Gas (LPG)—Butane from the Bonny River Terminal (BRT) in Rivers State, Nigeria. The inaugural shipment involved loading 12,600 metric tons (MT) of LPG, a milestone that underscores Seplat’s strategy to expand local energy availability and reduce Nigeria’s reliance on imported cooking gas. Until now, LPG

Loading

Read More Here

1 … 6 7 8 9 10 … 82