Canada-based Africa Oil Corp has agreed to acquire a 50 per cent stake in Petrobras Oil and Gas, which owns a stake in producing assets in deepwater Nigeria

Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing – a trend that has major implications for consumers, businesses and the environment, according to the International Energy Agency (IEA)

A consortium of Fluor, JGC Corporation of Japan and TechnipFMC of France has been awarded an engineering, procurement and construction contract by Mozambique Rovuma Venture S.p.A. (MRV)

Eni has confirmed that the company’s CEO Claudio Descalzi received a warranty notice by the Prosecution office in Milan, Italy, alleging that Descalzi did not disclose, as per art. 2629 bis of the Italian Civil Code, a potential conflict of interest with regards to the relations between Eni Congo S.A. and the group Petroservice