Overnight, LME copper opened at $9,325.5/mt, then shifted lower, fluctuating rangebound in early trading. It continued to decline during the session, bottoming at $9,258.5/mt, before slightly ...

U.S. upstream oil and gas mergers and acquisitions totaled $105 billion in 2024, marking the third highest year on record ...

Global upstream M&A activity is expected to slow down in 2025 following a peak driven by US shale consolidation.

The US oil and gas industry signalled a lukewarm reaction to President Donald Trump’s 10% tariff on energy imports from ...

Patrick Pouyanne says Tamboti’s permeability is ’not good’, although exploration sources say fracking and horizontal drilling ...

This is because of the strong collaboration between the association and the regulators of the upstream sector of the oil and gas industry. But what we are now looking at is to ensure that these ...

AI-enabled scheduling software offers a smarter way to manage drilling, completions, and workovers. Explore how two ...

Patrick Pouyanné outlined a 2025 production growth target of more than 3% for upstream oil and gas, supported by ramp-ups at eight projects, including Mero 2 and Balmor. The company also expects cash ...

Oil has made ... the function of the industry. Oil companies are split into 3 distinct groups based on where they function in the pipeline. The 3 different groups are: Upstream: Companies in ...

A wave of major upstream oil and gas mergers and acquisitions in 2024 had companies taking a break as the year came to a close. Enverus Intelligence Research issued its fourth quarter and full ...

The African National Congress (ANC) congratulates His Excellency, President Cyril Ramaphosa on the historic assent of the Upstream Petroleum Resources Development Bill, officially establishing it as ...

Industry data analysed on Friday revealed ... It was learned that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) allocated only 1.4 million barrels for March. Of this, the NNPC ...