Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency (IEA)
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‘Nigeria dominates crude production outlook from greenfield projects’
Nigeria will contribute 46 per cent of total crude production in sub-Saharan Africa from planned and announced projects (greenfield projects) in 2025
Total to acquire Anadarko’s LNG assets for US$8.8bn
French supermajor Total has announced that it has reached a binding agreement with Occidental Petroleum Corporation to acquire Anadarko’s assets in Algeria, Ghana, Mozambique and South Africa for a consideration of US$8.8bn
ExxonMobil provides US$100,000 to support relief efforts in Mozambique
ExxonMobil has announced that it is providing US$100,000 to support disaster relief and recovery efforts in Mozambique following Cyclone Kenneth, which landed on 25 April
Aiteo reaffirms its commitment to the development of its host community
Nigerian energy conglomerate Aiteo has reassured its unwavering commitment to the sustainable development of its host communities
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