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API sends letter to President-elect Trump, outlines Five-Point Roadmap for energy policy

The American Petroleum Institute (API) has released a new policy roadmap for the incoming Trump administration and next Congress to secure American energy leadership and help reduce inflation. Beginning with an open letter […]

Ultra Capital Energy partners NIPEX, OGFZA to enhance Nigeria’s energy sector

*Managing Director of OGFZA, Alhaji Bamanga Usman Jada (middle) with members of Capital Luxury Group. Mkpoikana Udoma Port Harcourt — Ultra Capital Energy Limited, a leading energy firm, has announced partnership with the Nigerian Petroleum […]

Oil & Gas Decarbonization Charter publishes baseline report to track progress on emissions reductions

The Oil & Gas Decarbonization Charter (OGDC) has published its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductions made by the 54 oil and gas companies — representing almost […]

‘Shell will continue to power progress on energy security in Nigeria’

*Leadership team of the Nigeria Association of Petroleum Explorationists (NAPE) visit the Shell stand during the opening ceremony of the 2024 conference and exhibition at Eko hotel…Lagos. Lagos — Shell will continue to power progress […]

PETROAN anticipates PMS price reduction over Dangote’s sales agreement with marketers

*Petrol dispenser nozzle. Mkpoikana Udoma Port Harcourt — The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has expressed optimism about a potential reduction in the price of Premium Motor Spirit, following a direct […]

Shell wins appeal against landmark Dutch climate ruling

*Instruments of dispensing justice. London — A Dutch court on Tuesday dismissed a landmark climate ruling against Shell, after the oil giant was ordered to drastically reduce its global carbon emissions back in 2021. The […]

ADNOC Gas to acquire 60% stake in Ruwais LNG from ADNOC

ADNOC Gas announced it expects to acquire ADNOC’s 60% stake in the Ruwais Liquified Natural Gas (LNG) plant in the second half of 2028 at cost. ADNOC Gas expects ADNOC to transfer its 60% share […]

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Algeria unveils six onshore blocks to upstream investors

Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) presented six onshore conventional licensing opportunities at African Energy Week: Invest in African Energies on Thursday. The six high-potential opportunities consist of a […]

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Oil falls as China stimulus fails to boost sentiment, US dollar rises

Brent crude futures were down $1.83, or 2.48%, to $72.04 a barrel by 1444 GMT while U.S. West Texas Intermediate crude futures were at $68.47 a barrel, down $1.91, or 2.71%. Both benchmarks fell more […]

Last Mile Production adopts B4ECarbon to reduce emissions in West Texas operations

Last Mile Production, LLC., has announced plans to implement B4ECarbon™ in its West Texas oil and gas operations. A collaborative effort by Blockchain for Energy (B4E) and Enovate Ai, B4ECarbon™ is an emissions management solution […]