ESG/Investment
News
April 29, 2025
Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (MMtpa) Louisiana LNG development. Woodside is targeting first LNG in 2029.
News
April 29, 2025
Petro-Victory聽has completed its acquisition of Capixaba Energia LTDA, a producing oil and gas asset in the Esp铆rito聽Santo聽Basin. The acquisition was completed in partnership with BlueOak Investments, Petro-Victory's strategic financial聽partner.
News
April 28, 2025
Ever since oil and gas majors announced massive hydrocarbon discoveries in Namibia鈥檚 offshore Orange Basin, interest in additional exploration in has been intense. Will negotiations stall, as we鈥檙e seeing all too often in African nations, or will the process move forward smoothly?
News
April 24, 2025
The African Energy Chamber (AEC) is calling for a deliberate and accelerated approach to moving Namibia鈥檚 recent oil and gas discoveries into production 鈥 emphasizing the importance of speed, investor confidence and strategic collaboration.
News
April 23, 2025
Amid declining Russian oil imports and rising energy demand, India is ramping up investments across Africa鈥檚 oil, gas and renewables sectors. The shift comes as India's crude oil imports from Russia fell to a two-year low in February 2025, prompting a renewed push to diversify its sources of energy.
News
April 22, 2025
Elliott Investment Management has built up its stake in bp Plc to just over 5% of shares, as the activist investor continues its pressure campaign at the struggling oil giant. The stake, disclosed in a regulatory filing on Tuesday, would make Elliott one of bp's largest shareholders.
News
April 16, 2025
bp Plc鈥檚 major strategy reset is less than two months old, but the foundations of the company鈥檚 pivot back to oil are already starting to look shaky as Brent crude prices fell below $70 per barrel last week -- a level bp has said is crucial for meeting its targets.
News
April 15, 2025
EXPLORCO, the exploration division of the Ghana National Petroleum Corporation (GNPC), is set to spud its first exploration well in the Voltaian basin in Q1 2026, targeting new leads and play-opening discoveries.
News
April 11, 2025
The UAE鈥檚 recent investments in Mozambique and Egypt highlight its expanding role in Africa鈥檚 energy sector, positioning it as the continent鈥檚 largest investor and a key partner in driving future growth.
News
April 10, 2025
The equity investment into Kimmeridge's SoTex HoldCo marks Mubadala Energy's U.S. market entry and ambitious expansion strategy. Kimmeridge's highly scalable upstream gas and LNG business comprises currently producing upstream gas assets and a pre-FID LNG project.
News
April 07, 2025
Striving to increase production and reverse natural declines in mature oilfields, Ghana is promoting new investment across its upstream oil and gas sector through national upstream regulator the Petroleum Commission of Ghana.
News
April 03, 2025
In a bid to bolster significant global investment and competitiveness within Africa's oil and gas sector, national oil companies (NOCs) in Nigeria and Angola are progressing with long-anticipated initial public offerings (IPOs).
News
April 01, 2025
In a significant development for Africa's energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the minimum required funding from APPO.
News
March 28, 2025
Nigeria鈥檚 state oil company is courting international and local markets for advisers as it prepares for a long-delayed initial public offering. CFO Olugbenga Oluwaniyi stated that the company was in the 鈥渇inal stage鈥 of obtaining a listing.
News
March 26, 2025
A conservation group is challenging Britain鈥檚 government in a London court over 31 North Sea oil and gas exploration licenses that it says could put marine protected areas and climate stability at risk.
News
March 25, 2025
The North Sea Transition Authority raised its forecasts for investment and production in the coming years after 2024 figures were higher than expected. The NSTA said capex totaled 拢5.95 billion ($7.7 billion) last year, more than 50% above an October projection.
News
March 20, 2025
Climate activist Follow This is calling for investors in bp Plc to vote against the reappointment of Chairman Helge Lund at next month鈥檚 annual general meeting, in a public rebuke to the company鈥檚 recent pivot back toward oil and gas.聽
News
March 19, 2025
Citadel has agreed to buy assets from closely held Paloma Natural Gas in a deal valued at about $1 billion, people familiar with the matter said. The acquisition gives the hedge fund access to acreage and producing assets, though it will not operate them directly.聽
News
March 19, 2025
CEOs representing Canada鈥檚 energy industry sent a letter to Canadian federal political leaders outlining an urgent action plan to strengthen the nation's economic sovereignty through rapid regulatory restructuring and investment in oil and natural gas infrastructure.
News
February 26, 2025
In a highly anticipated presentation, bp CEO Murray Auchincloss reversed a plan to shrink oil and gas production and cut investments in low-carbon energy, but also slashed the quarterly share buyback, dimming the appeal to investors.