Eni sells 10 per cent stake in Egypt’s concession to Mubadala Petroleum

Eni MubadalaEni has agreed to sell a 10 per cent stake in the Shorouk concession, offshore Egypt, where Zohr's super-giant gas field is located to Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Company

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Nigeria earned US$476.25mn from crude oil, gas exports in December 2017

Nigeria CrudeNigeria has earned a total export receipt of US$476.25mn in December 2017, from sale of crude oil and gas as against US$201.11mn in November 2017

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Total acquires 16.33 per cent stake in Libya’s Waha Concessions

Waha LIbyaTotal has acquired Marathon Oil Libya Limited which holds a 16.33 per cent stake in the Waha Concessions in Libya

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NNPC and Kogi State government sign MoU to produce 84mn litres Bio-fuel

NNPC BioThe Nigerian National Petroleum Corporation (NNPC) and the Kogi State government have signed a MoU to develop fuel-ethanol processing plant that would produce 84mn litres of bio-fuel per year

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Innovation and big data continues to drive oil optimism

OilGas ImageThe oil industry has every reason to be optimistic, explains Kurt Kuckein, director of marketing at DDN

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