Aramco Cuts Record Dividend
Aramco cut its dividend to ease financial strain, impacting Saudi Arabia’s budget deficit. The payout…
Oando’s Offshore Refinery Deal Backed by Strong Finances
Trinidad and Tobago selected Oando as the preferred bidder for the Guaracara Refinery lease, citing…
US to Supply One-Third of Global LNG by 2035: Shell
Shell projects the U.S. could supply one-third of global LNG demand by 2035, doubling Japan…
NNPCL Exploration Aims for 550,000 BPD by 2027
NNPC Exploration and Production Limited (NEPL) aims to boost oil output to 550,000 BPD by…
Rosneft’s Ufa refinery in Bashkortostan catches fire.
A fire broke out at Rosneft's Ufa refinery in Bashkortostan early Monday, reportedly after "technological…
Texas Alliance and IPAA praise Congress for scrapping the methane tax rule
The Senate passed H.J. Res. 35 to repeal Biden's 2024 EPA methane tax rule, following…
Africa Oil Plans to Finalize Reorganization This Month
Africa Oil Corp. expects to complete its full takeover of Prime Oil & Gas in…
Dangote Bears N16Bn Loss to Keep Petrol Affordable for Nigerians
Dangote Refinery will refund customers who buy PMS above its new price from key partners—AP,…
U.S. Senate Votes to Overturn Biden’s Methane Tax
The Senate voted Thursday to repeal a U.S. methane emissions fee for oil and gas…