Oil rose as US sanctions hit Russian crude supplies. Posted by By Esther Udoh February 12, 2025 WTI gained 1.4% to top $73, adding to Monday’s 1.9% jump. Millions of Russian barrels…
OPEC Giants Raise Oil Prices as Sanctions Disrupt Russian Supply Posted by By Esther Udoh February 11, 2025 U.S. sanctions on Russian oil have let top Middle Eastern producers raise prices sharply.Iraq hiked…
NNPC cuts routine flaring by 96% at Anyala, Madu fields. Posted by By Esther Udoh February 11, 2025 NNPC and First E&P cut routine flaring by 96% at Anyala and Madu fields, reinjecting…
Africa in Global LNG: Opportunities and Risks Posted by By Esther Udoh February 11, 2025 As the world embraces natural gas for cleaner energy, Africa’s vast gas reserves offer major…
North America’s Rig Growth Streak Ends Posted by By Esther Udoh February 11, 2025 North America’s rig count fell by five last week, per Baker Hughes’ February 7 report.…
Dangote Refinery set for full operation soon. Posted by By Esther Udoh February 11, 2025 Dangote Oil Refinery, currently operating at 85% capacity, is set to reach full production within…
Niger Delta community members cleared to sue Shell in UK court. Posted by By Esther Udoh February 11, 2025 Around 4,000 Niger Delta residents can now sue Shell in the UK High Court over…
The fate of Shell and Equinor’s North Sea project awaits a decision from the UK Energy Secretary. Posted by By Esther Udoh February 11, 2025 UK Energy Secretary Ed Miliband is set to face a request from oil companies to…
Kosmos Energy achieves first LNG production from bp-operated GTA project off West Africa. Posted by By Esther Udoh February 11, 2025 On December 31, 2024, the first phase of the Greater Tortue Ahmeyim (GTA) project reached…
Chevron Secures 80% Stake in Offshore Namibia Exploration Block Posted by By Esther Udoh February 10, 2025 Custos Energy confirmed Chevron's acquisition of an 80% stake and operatorship in Namibia's PEL 82,…