Shell has begun production from the Penguins FPSO in the UK North Sea. Posted by By Esther Udoh February 6, 2025 Shell has resumed production at the Penguins field in the UK North Sea using a…
Nigeria’s gas supply in West Africa to decrease as WAPCo begins pipeline maintenance. Posted by By Esther Udoh February 5, 2025 WAPCo announces major scheduled maintenance for the West African Gas Pipeline.Due to significant asset repairs,…
Nigeria to Present Gas Investment Strategies at CEIF 2025. Posted by By Esther Udoh February 5, 2025 CEIF 2025, held from March 24-26 in Brazzaville, will highlight partnership and investment opportunities in…
Oil Prices Drop on USA-China Trade War Concerns Posted by By Esther Udoh February 5, 2025 Oil dipped as US-China trade war fears outweighed Iran sanctions.West Texas Intermediate dropped 0.6%, closing…
CNRI and VAALCO finalize production phase at Baobab FPSO, West Africa. Posted by By Esther Udoh February 4, 2025 As per the project timeline, the FPSO Baobab Ivoirien MV10, operated by Canadian Natural Resources…
EU just meets gas storage target as restocking challenges arise. Posted by By Esther Udoh February 4, 2025 Europe narrowly achieved its February target for natural gas inventories, with some countries failing to…
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…
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%…
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…
Kuwait Petroleum Corporation (KPC) has appointed new CEOs for its subsidiaries: Posted by By Esther Udoh February 3, 2025 Kuwait Petroleum Corp.’s trading unit appointed Abdullatif Almukhaizeem as CEO and Robert Johnson as CFO.…