While keeping the petroleum portfolio for himself, Nigeria’s President Muhammadu Buhari has appointed Timipre Silva as the minister of state for petroleum
Exploration
Eni’s zohr gas production reaches 2.7 bcfd
The production from Zohr field has reached more than 2.7 bcfd, about five months ahead of the plan of development (PoD), oil and gas company Eni said
Oil and gas sector tops Forbes profit growth list of 2019
Oil and gas have advanced past technology and communications to become the leading sector in the Forbes 2019 list of the world’s largest public companies with a 16.2 per cent y-o-y growth in revenue generation, according to GlobalData, a data and analytics company
Brazil fuels booming global FPSO market
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance, according to energy research firm Rystad Energy
Gazprom tops global growth ranking, says Rystad Energy
Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the USA and China, while BP dominates among the majors, according to Rystad Energy