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Breaking News

Home » Breaking News » Page 4

Nigeria aims to achieve 2.7 million bpd oil production by 2027.

Posted by By Esther Udoh February 4, 2025
Nigeria aims to raise oil output by 60% to 2.7 million bpd by 2027, a…
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Equinor extends Deepsea Atlantic Rig contract until 2027.

Posted by By Esther Udoh February 4, 2025
Equinor has extended its contract for the Deepsea Atlantic rig until Q2 2027, with an…
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US gas prices to rise as Trump’s tariffs hit Canadian, Mexican oil.

Posted by By Esther Udoh February 4, 2025
U.S. consumers are expected to face higher gasoline prices due to tariffs imposed by President…
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ACWA Power signs green hydrogen supply agreement with Germany.

Posted by By Esther Udoh February 4, 2025
ACWA Power has signed an agreement with Securing Energy for Europe (Sefe) to supply 200,000…
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China retaliates against U.S. tariffs by imposing measures on coal, gas, and Google as Trump’s trade policies take effect.

Posted by By Esther Udoh February 4, 2025
After the U.S. imposed 10% tariffs at midnight ET on Tuesday, China responded with 15%…
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Crude Price Drop Lowers Dangote Refinery’s Petrol to N890

Posted by By Esther Udoh February 3, 2025
Dangote Refinery, aligning with market trends, has reduced its ex-depot petrol price from N950 to…
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PETROAN Enhances Market Operations, Explores Cheaper Distribution

Posted by By Esther Udoh February 3, 2025
PETROAN President Billy Gills-Harry pushes for affordable petrol prices, urging a rail distribution system to…
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Oil prices rise after Trump confirms tariffs will include crude.

Posted by By Esther Udoh February 3, 2025
West Texas Intermediate climbed to $73.70 this week following remarks from former President Donald Trump…
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New Jersey Cancels Fourth Offshore Wind Procurement After Shell Withdraws from Atlantic Shores Project

Posted by By Esther Udoh February 3, 2025
The New Jersey Board of Public Utilities (BPU) has called off its fourth offshore wind…
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Russia’s Lukoil seeks $2 billion from the sale of its Bulgarian refinery.

Posted by By Esther Udoh February 3, 2025
Russia's second-largest oil producer, Lukoil, is planning to generate approximately $2 billion from the sale…
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