Angola has made its first major offshore natural gas discovery, positioning the country for future LNG development.

The BP-Eni joint venture Azule Energy made a significant gas discovery in a shallow water block offshore Angola, with ...

While many oil companies pulled back from exploration, Eni’s strategy has reaped a string of major discoveries over the past decade.

Eban-Akoma discovery is declared commercial, underscoring President John Mahama's goal of reviving the country's moribund E&P sector ...

Several major energy companies reportedly exited an advisory group that promoted draconian corporate climate targets after learning the alignment could ...

Oil Majors BP and Shell have made agreements with Libya's National Oil Corp (NOC) to conduct studies for hydrocarbon exploration and development at three Libyan oilfields, NOC said on Monday.

BP plc BP and Eni SpA’s E joint venture, Azule Energy, has encountered gas in an offshore block in Angola. Angola’s National Agency of Petroleum, Gas and Biofuels (“ANPG”) stated that the gas ...

Oil prices reacted to the Israel-Iran ceasefire quicker than they did at the onset of the conflict, falling by $6.5 per barrel on Monday, with ICE Brent continuing the drop below $70 per barrel.

This is the Shell Oil logo in front of a Shell gas station in Pittsburgh,, June 25, 2025. Pete Hegseth holding Pentagon press conference to celebrate ‘very upset’ B-2 pilots involved in Iran ...

Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after being told that such a standard would require them to stop developing new oil ...

BAGHDAD (Reuters) -BP, Eni and TotalEnergies have begun evacuating foreign personnel from Iraqi oilfields where they operate, state-run Basra Oil Company said on Monday. Output from Iraq's ...