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…
Nigeria aims to achieve 2.7 million bpd oil production by 2027. Posted by By Esther Udoh February 4, 2025 Nigeria aims to raise oil output by 60% to 2.7 million bpd by 2027, a…
Equinor extends Deepsea Atlantic Rig contract until 2027. Posted by By Esther Udoh February 4, 2025 Equinor has extended its contract for the Deepsea Atlantic rig until Q2 2027, with an…
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…
ACWA Power signs green hydrogen supply agreement with Germany. Posted by By Esther Udoh February 4, 2025 ACWA Power has signed an agreement with Securing Energy for Europe (Sefe) to supply 200,000…
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…
IEA faces pressure from its former oil market chief to reduce focus on energy transition. Posted by By Esther Udoh February 3, 2025 The IEA faces criticism from Trump’s administration for its shift toward clean energy. At a…
PETROAN Enhances Market Operations, Explores Cheaper Distribution Posted by By Esther Udoh February 3, 2025 PETROAN President Billy Gills-Harry pushes for affordable petrol prices, urging a rail distribution system 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.…
Syensqo and Ardent collaborate to advance point source carbon capture innovation. Posted by By Esther Udoh February 3, 2025 The partnership strengthens the two companies’ positions in the fast evolving energy transition landscape, with…