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CANADIAN EXPLORER REBRANDS FOR NAMIBIAN OIL RUSH WITH $7M WAR CHEST

Canadian exploration company Supernova Metals is making a bold pivot into Namibia’s booming offshore oil sector, announcing a $7 million equity financing package and strategic acquisition that will dramatically increase its stake in the coveted Orange Basin Block 2712A from 12.5% to nearly 34%. The company is simultaneously rebranding as Oregen Energy Corp to reflect […]

PANORO ENERGY STRIKES GOLD WITH MASSIVE GABON OIL DISCOVERY

PANORO ENERGY STRIKES GOLD WITH MASSIVE GABON OIL DISCOVERY Independent exploration company Panoro Energy has announced a game-changing oil discovery at the Bourdon prospect on the Dussafu block offshore Gabon, alongside steady Q1 2025 production of approximately 12,000 barrels per day. The discovery represents the largest hydrocarbon column found to date at Dussafu. The breakthrough […]

SHELL AND LIBYA LAUNCH HIGH-STAKES ENERGY PARTNERSHIP TALKS

SHELL AND LIBYA LAUNCH HIGH-STAKES ENERGY PARTNERSHIP TALKS Libya’s Ministry of Oil and Gas has entered into high-level negotiations with energy giant Shell to explore new partnership opportunities that could reshape the country’s energy sector. The talks signal Libya’s aggressive push to attract international investment and modernize its oil and gas operations. Libya’s Minister of […]

REVOLUTIONARY $2M SOLAR SYSTEM POWERS ANGOLA OFFSHORE PLATFORM

REVOLUTIONARY $2M SOLAR SYSTEM POWERS ANGOLA OFFSHORE PLATFORM Aberdeen-based JCE Energy has successfully delivered a groundbreaking modular solar power system to energize a supermajor’s unmanned Sea Swift production platform offshore Angola. The £1.5 million ($2 million) system represents a major breakthrough in sustainable offshore energy solutions. The innovative system features over 100 offshore-grade solar panels […]

SUBSEA7 LANDS MAJOR WEST AFRICAN CONTRACT WORTH UP TO $150 MILLION

SUBSEA7 LANDS MAJOR WEST AFRICAN CONTRACT WORTH UP TO $150 MILLION Subsea 7 S.A. has secured a substantial subsea contract in West Africa valued between $50-150 million, the company announced Wednesday. The Norwegian subsea engineering giant will handle the transportation and installation of flexible pipelines, umbilicals, and critical subsea components to connect a floating production, […]

Scotland given new 20-year targets in climate report

Scotland given new 20-year targets in climate report A general view of Grange mouth refinery with industrial towers, chimneys with trees mountains and water in the background. The Climate Change Committee says emissions need to fall by 57% in five years. Independent experts have proposed a new set of targets to tackle climate change in […]

Campaigners battle solar farm plans near village

Campaigners battle solar farm plans near village A woman engineer is checking solar photovoltaic panels at a solar farm. She is wearing a high-vis jacket and helmet and smiling. The 271-acre solar farm is planned for land either side of the A449 near Powick, Worcestershire. Campaigners fighting plans for a 271-acre (109.7-hectare) solar farm near […]

Tropical forests destroyed at fastest recorded rate last year The world’s tropical forests, which provide a crucial buffer against climate change, disappeared faster than ever recorded last year, new satellite analysis suggests. Researchers estimate that 67,000 sq km (26,000 sq mi) of these pristine, old-growth forests were lost in 2024 – an area nearly as […]

TECH TITAN UNVEILS N23 BILLION BLUEPRINT TO REVOLUTIONIZE NIGERIA’S OIL INDUSTRY

TECH TITAN UNVEILS N23 BILLION BLUEPRINT TO REVOLUTIONIZE NIGERIA’S OIL INDUSTRY Dr. Doghor Boyo, CEO of DEP Multifunctional Services Ltd, has announced an ambitious N23 billion technological roadmap designed to transform Nigeria’s oil and gas sector through modernization, improved efficiency, and sustainable practices integration. Speaking at an Abuja press conference, Dr. Boyo described the initiative […]