The Polo Bahia Terra is known for its comparatively high production costs compared to the prolific pre-salt deepwater fields.

Brazil's state-run oil firm Petrobras is weighing options for its Polo Bahia onshore oil fields, including a potential sale, ...

UK onshore gas volumes fell for the fourth consecutive month in April 2025. Production was the lowest for 18 months, down 23% ...

BP and Shell have signed new deals with Libya’s NOC to explore and assess oil and gas fields, signaling Big Oil’s broader ...

Shell and TotalEnergies are accelerating investments in Nigeria, targeting 2027 for major oil and gas production boosts from ...

Supermajor strikes provisional agreement to secure access to Sarir oilfield — and nearby Messla field — which it discovered ...

Seplat Energy’s current oil production capacity is at 120,000 to 140,000 barrels of oil equivalent per day (kboepd), a ...

Africa's upstream oil and gas sector is experiencing a transformative shift with majors divesting assets and new regional independents, traders, and non-African national oil companies stepping in as ...

Back in February 2024, Synergia and Selan, a Gandhinagar, India-based mining firm, executed a farm-out agreement to set up a joint venture at Cambay.

Shell and TotalEnergies plan first oil from Bonga North and Ubeta fields by 2027 to boost Nigeria’s energy output.

Minister  of Energy Dr Roodal Moonilal says local oil and gas production has been in decline for the past ten years, but oil ...