Oil Declines Amid Ukraine Truce Negotiations
Oil prices dipped after Ukrainian President Zelenskiy agreed to a partial truce, raising hopes for…
Tullow Oil Prioritizes Ghana for Debt Reduction
Tullow Oil aims to maximize West Africa output to cut debt below $1B.Tullow Oil is…
Eni Commences Construction of a 90 MW Solar Power Facility in Spain
Eni will fund solar installations on three public buildings and implement biodiversity measures at its…
ExxonMobil Divests Operating Assets in Thailand
Horizon Oil Ltd. has agreed to acquire ExxonMobil’s stakes in three onshore development licenses in…
Trump: 25% Charge on Nations Buying Venezuelan Oil & Gas
Trump announced a 25% tariff on nations buying Venezuelan oil and gas, citing migration and…
Aramco Opens CO2 DAC Pilot Plant in Saudi Arabia
Aramco, in partnership with Siemens Energy, has launched Saudi Arabia’s first direct air capture (DAC)…
Dangote Refinery Jet Fuel Export Reshapes Global Trade
Dangote Refinery’s jet fuel exports to North America are reshaping global fuel trading by establishing…
NLNG Pledges to Maintain Nigeria’s LPG Supply and Price Stability
NLNG is implementing new initiatives to ensure long-term LPG market stability and price control. It…
Iraq Plans Floating Gas Terminals to Address Power Shortage
Iraq is negotiating to acquire two floating storage regasification units (FSRUs) by June to address…
Oil Market to See 3M Barrels Daily Supply Surge – Report
The global oil market is set for its largest supply surge in a decade, with…