By Jonathan Wambi Tullow Oil Plc, an Africa-focused explorer headquartered in London, has agreed to sell its Kenyan business to Nairobi-based Gulf Energy Ltd for at least $120mn, effectively ending ...

Company has been involved in lucrative State deals including G2G oil import tender. Tullow has been trying to get a strategic ...

Chief executives of the US Gulf’s larger players, including Chevron’s Mike Wirth and Occidental’s Vicki Hollub, touted the basin as an on-ramp toward greater fortunes in 2025, in part because of Trump ...

Tullow Oil has agreed to sell its Kenyan operations, including the Turkana oil project, to Gulf Energy for KSh 15 billion in a deal aimed at reducing financial risk.

BP announced on Monday that it had made an oil find at the Far South Field in the U.S. Gulf of Mexico. The energy giant is ...

The Department of Interior Thursday released an analysis of fossil fuel deposits showing an additional 1.30 billion barrels ...

Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world’s proven crude oil reserves.

Kenya has renewed a contract to purchase fuel on credit from three state-owned Gulf firms by 24 months and renegotiated lower ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Hanoi (VNA) – Vietnam and Japan signed a landmark 25-year production sharing contract (PSC) for oil and gas exploration in Block 15-2 of Cuu Long basin in Vietnam’s southern waters on March 31.

What might also have jumped out for some, besides the images shown below, is Delph’s opening reference to “a Gulf of America outing.” The designation is so new that few are accustomed to ...