Kosmos Energy announced  its financial and operating results for the third quarter of 2023. For the quarter, the Company generated a net income of $85 million, or $0.18 per diluted share. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net income(1) of $126 million, or $0.26 per […]

bp has successfully started production from the Seagull oil and gas field in the UK North Sea, boosting energy supplies, supporting the supply chain and jobs, and underpinning continued production from an offshore facility that’s been operating for 25 years.  Seagull has been developed by Neptune Energy as a subsea tieback to the bp-operated central […]

Quarter Analysis Income attributable to Shell plc shareholders, compared with the second quarter 2023, mainly reflected higher refining margins, higher realised oil prices, higher LNG trading and optimisation results, and higher Upstream production, partly offset by lower Integrated Gas volumes. Third quarter 2023 income attributable to Shell plc shareholders also included impairment charges, largely offset […]

Shell U.K. Limited has signed an agreement to purchase MIDEL and MIVOLT, two lines of business currently owned by Manchester-based M&I Materials Ltd. Boosting Shell’s global lubricants portfolio, the acquisition of MIDEL’s premium product range will enable Shell to complement its differentiated position in Transformer Oils used for power distribution, offshore wind parks, utility companies […]

Now at its 22nd edition, the World Energy Review (WER) is the statistical review on energy, edited and presented by Eni. A reference for the energy industry, the publication has accompanied its evolution from conventional sources to renewables, devoting more and more space to strategic issues, such as natural gas and critical minerals, which are […]

We are delighted to announce the appointment of Olufemi Oladapo Soneye as our Chief Corporate Communications Officer. Mr. Soneye, a seasoned journalist with full-time and freelance experiences at some of the world’s most respected publications in Nigeria, Australia, and the United States of America, will lead our Corporate Communications team and drive our brand penetration, […]

Chariot, the Africa focused transitional energy company, has announced its unaudited interim results for the six-month period ended 30 June 2023. Adonis Pouroulis, CEO of Chariot commented: “We continued to progress all workstreams across the business throughout the period and further enhanced our portfolio with the award of the Loukos licence onshore Morocco and the acquisition […]

bp today announced that Kate Thomson has been appointed interim chief financial officer. Her appointment follows the appointment last week of Murray Auchincloss as bp’s interim chief executive officer. Kate is currently bp’s senior vice president, finance for production & operations, responsible for the financial stewardship of and commercial partnering with the business globally. She […]

The Nigerian National Petroleum Corporation Limited has announced change in its senior management level of the corporation. According to the information made available via its official Twitter handle, the change is In line with NNPC Ltd.’s commitment and drive for organisational renewal which is anchored on the corporation’s business imperatives, standards of excellence, “…… people […]

The chief executive of BP has resigned less than four years into his tenure after admitting that he failed to fully detail relationships with colleagues. Bernard Looney who has spent his entire career with BP, has departed the £88bn company immediately in a surprise move. The company has informed investors that Looney “did not provide details […]