Oil and Gas Consolidation Reshapes African Market
OilPrice
JULY 8, 2025
Africa’s upstream oil and gas sector is undergoing a transformative shift. Angola and Nigeria have been the epicenters of this consolidation wave.
OilPrice
JULY 8, 2025
Africa’s upstream oil and gas sector is undergoing a transformative shift. Angola and Nigeria have been the epicenters of this consolidation wave.
OilPrice
MARCH 11, 2025
The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston.
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Oil & Gas 360º
MARCH 11, 2025
(Oil Price) –The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the CERAWeek by S&P Global conference in Houston.
OilPrice
MARCH 19, 2025
The worlds largest independent oil trader, Vitol, will buy stakes in some upstream assets in West Africa from Eni for $1.65 Eni has been pursuing in recent years the so-called dual exploration model, under which it sells part of its majority stakes to other companies to fast-track oil and gas discoveries to production.
OilPrice
JUNE 9, 2025
The upstream shale oil and gas sector has been written off by investors thanks to a 30% decline in oil prices since the first of the year. From near $80 in mid-January, tariff-led demand fears have overcome supply fears, and the price of WTI-the benchmark crude for most U.S. companies, to the upper $ 50s.
Enverus
JUNE 6, 2025
The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. Conclusion The M&A landscape in 2025 presents both challenges and opportunities for small to medium-sized upstream operators.
OilPrice
MARCH 27, 2025
BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the ten major new projects that the UK supermajor promised to start up by 2027. In the upstream, BP will aim for 10 new major projects to start up by the end of 2027, and a further 810 projects by the end of 2030.
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