Oil and Gas

Erin Energy announces farm-out deal approval with FAR in The Gambia

Erin Energy Corporation has announced that the Government of the Republic of The Gambia has approved the farm-out agreement with…

NLNG CEO sees price of Nigeria cooking gas falling 20% in weeks

Tony Attah, the chief executive officer of Nigerian Liquefied Natural Gas (NLNG) Limited has given signs yet of a likely…

NLNG says amendment Act amounts to double taxation, threat to FDI into Nigeria

Liquefied natural gas (LNG)-producing company, NLNG has stated that making amendments to the NLNG Act would amount to double taxation…

Baker Hughes, GE Oil & Gas in business combination to create a full-stream oil and gas company

Baker Hughes and GE have announced that the transaction combining GE’s oil and gas business with Baker Hughes is complete.…

Libya oil output at 4-year high loosens OPEC grip on supply

Libya’s oil production has climbed to more than 1 million barrels a day for the first time in four years,…

US oil-rig count falls for the first time in 5 months

The count of working oil rigs in the US fell this week for the first time in 24, breaking the…