Construction and assembly of topside modules will continue at full speed, jacket will be installed offshore and we will be drilling production ... oil and gas resources to support it. This chart ...

Pre-AASB 16 operating cash flow ... Bauna's 2024 production was at some 7.5 million barrels, significantly below 2023 levels, mainly as a consequence of lower FPSO uptimes due to various topside ...

Higher exports and increased demand from the huge new African refinery, Dangote, pushed Nigeria’s oil production in February 70,000 barrels per day (bpd) above its OPEC+ quota of 1.5 million bpd ...

Shell has started first oil production from the next development phase of a deepwater oil project offshore Malaysia, the UK-based supermajor said on Friday as Europe’s largest oil and gas ...

Eggheads and industry stakeholders will today converge on the Transcorp Hilton, Abuja, to chart a pathway for increased production in the country’s crude oil production. The Leadership forum ...

Athabasca (Thermal Oil): The Thermal Oil division underpins the Company’s strong Free Cash Flow outlook, with unchanged production guidance of 33,500 – 35,500 bbl/d and an unchanged ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward ...

The oil company also produced $3 billion in free cash, $2 billion of which it returned to shareholders. It's on track for another strong year of production and free cash flow generation in 2025.

Heirs Energies, Africa’s fast-growing indigenous integrated energy company, has joined other stakeholders to discuss ways of ramping up oil production in Nigeria. The company recently hosted its ...

FILE - A view of the oil pipes at the Central Oil Tank Farm near Nelahozeves, Czech Republic, Tuesday, Jan. 14, 2025. (AP Photo/Petr David Josek,File) ...

China said on Saturday it had built the world’s first offshore oil production and storage vessel capable of capturing carbon dioxide, taking another step towards meeting its carbon emissions ...

Members of the Organization of Petroleum Exporting Countries will revive oil production in April, committing to a deadline energy experts assumed was headed for a delay. The coalition and allies ...