March 14, 2025

Oil and Gas

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Investment

Africa’s Oil and Gas Investment to Hit $43 Billion in 2025

  • March 13, 2025

Operators and developers are expected to spend a total of $43 billion on oil and gas projects in Africa this year, as established producers and newcomers see growing investments, the African Energy Chamber said in a new report. Longer term projections point to capital expenditure (capex) hitting a decade-high of $54 billion in 2030, thanks

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Finance

Cook Inlet gas producer assails royalty rates as another seeks state financing

  • June 2, 2024

Offshore oil platforms in Cook Inlet. (Loren Holmes / ADN archives) John Hendrix was stressed on Thursday. He temporarily shut down a well that produces 50% of his company’s gas from Cook Inlet for a mandatory state test. The well produces large quantities of water and Hendrix didn’t know if gas would flow again. “We

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