EU Trade Chief Open to Lower Tariff Deal with USA Posted by By Esther Udoh February 21, 2025 The EU is open to lowering tariffs on US industrial goods and boosting purchases of…
Namibia lowers oil expectations after recent drilling. Posted by By Esther Udoh February 20, 2025 Namibia scales back oil expectations after recent drilling setbacks, with Chevron, TotalEnergies, and Shell reporting…
Depots must limit petrol tankers to a 60,000-liter axle load. Posted by By Esther Udoh February 20, 2025 NMDPRA has directed depots to stop loading fuel trucks exceeding 60,000 liters, enforcing a government…
Putin calls for Russia-US-Saudi talks on the global energy market. Posted by By Esther Udoh February 20, 2025 Putin urged Russia-US-Saudi talks on energy, recalling past discussions with Trump and Saudi Arabia's king.…
Falcon Enhances Gas Infrastructure in Nigeria Posted by By Esther Udoh February 20, 2025 Falcon Corporation is expanding LPG access in Nigeria with a 15,000MT storage facility and jetty…
Nigeria imports over 50% of its daily 50 million liters petrol consumption. Posted by By Esther Udoh February 20, 2025 Nigeria relies on petrol imports due to insufficient refining capacity, with local refineries supplying less…
Shell seeks stronger partnerships to drive national development. Posted by By Esther Udoh February 20, 2025 SPDC urges ongoing collaboration between oil and gas professionals and government to boost Nigeria’s socio-economic…
Aramco to Buy 25% Stake in Philippine Fuel Retailer Posted by By Esther Udoh February 20, 2025 Aramco has agreed to acquire a 25% stake in Unioil Petroleum Philippines to expand its…
SBM announces Brazil’s largest FPSO is now operational and on hire. Posted by By Esther Udoh February 20, 2025 FPSO Almirante Tamandaré, Brazil’s largest oil-producing unit, is now operational with a processing capacity of…
Europe’s Diesel Market Signals Concerns Over Supply Strains Posted by By Esther Udoh February 19, 2025 Diesel futures in Europe signal market tightness as traders face supply pressures.On Tuesday, near-term contracts…