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Eni looking to sell assets in Pakistan in portfolio rethink

The company is sounding out potential buyers for a series of oil and gas assets in the country and could have a deal in place before the end of the first quarter, one of the sources said.

read more... 14/12/2020

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UK's SDX looks to accelerate Egyptian onshore gas exploration

UK-listed upstream junior SDX Energy -- which is focused on mostly gas-producing assets in Egypt and Morocco -- plans to accelerate new drilling at its flagship South Disouq concession onshore Egypt, its CEO Mark Reid said Nov. 19.

read more... 20/11/2020

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Africa Is The Undeniable Final Frontier For Oil

The pandemic has been devastating for the oil industry globally. Explorers suspended drilling, producers idled wells, Big Oil majors put up assets for sale. But the world continues to need oil, albeit lower amounts of it than a year ago, and it will continue to need it. Exploration is not dead. It is especially not dead in Africa—a hot spot in oil and gas before the pandemic.

read more... 24/09/2020

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Investors call on EU to boost carbon-emission reduction goals

An investor group with a combined €33 trillion ($39.1 trillion) in assets has called on the European Union to set 2030 carbon-emission reduction goals at 55%, in an effort to support low-carbon economy investments.

read more... 16/09/2020

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Asset sale to NEO Energy will help Total’s crisis plan: CFO

Total said Thursday its sale of non-core assets in the UK North Sea to NEO Energy is contributing to its action plan amid the “economic crisis,” Kallanish Energy reports.

read more... 07/08/2020

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