Türkiye receives $52M OPEC Fund loan for energy shift. Posted by By Esther Udoh February 15, 2025 OPEC Fund and TSKB sign €50M ($52.46M) loan deal to support climate and circular economy…
Oil holds steady as tariff delay eases Russian supply concerns. Posted by By Esther Udoh February 14, 2025 Oil remained steady, rebounding from December lows, as uncertainty over U.S. tariff plans offset easing…
Germany Plans to Prolong Rosneft Trusteeship Posted by By Esther Udoh February 14, 2025 Germany plans to extend its trusteeship over Rosneft’s local units for the fifth time as…
Mozambique Commits to Expanding E&P at Stakeholder Meeting Posted by By Esther Udoh February 14, 2025 Mucave stressed that oil and gas investment is key to ending poverty and driving Mozambique’s…
ADNOC Gas Secures 14-Year LNG Deal with IndianOil Worth Up to $9 Billion Posted by By Esther Udoh February 14, 2025 The long-term agreement between ADNOC Gas and IndianOil, valued between $7 billion and $9 billion…
Global LNG Imports Reach 12-Month High in January Amid Europe’s Cold Spell Posted by By Esther Udoh February 14, 2025 Cold weather in Europe is driving LNG demand, with the region leading global trade since…
Chevron to Reduce Global Workforce by 20% to Cut Costs Posted by By Esther Udoh February 14, 2025 Chevron will cut up to 9,000 jobs, aiming to save $2–$3 billion by 2026. After…
South Africa to Establish New NOC, Reshaping Oil and Gas Sector Posted by By Esther Udoh February 14, 2025 South Africa will launch the South African National Petroleum Company (SANPC) on April 1, 2025,…
Colombian Energy Minister Condemns Gas Companies for Raising Prices Posted by By Esther Udoh February 14, 2025 Colombia’s energy chief blames gas distributors for price hikes, citing costly fuel imports.Grupo Vanti, the…
Traders can’t ignore India’s growth: Minister. Posted by By Esther Udoh February 13, 2025 India's oil minister urges traders to focus on India's growing demand as it moves toward…