News

Paris – TotalEnergies has signed an agreement to sell, jointly with Inpex, the company Angola Block 14 B.V. to the Angolan Company Somoil. The transaction is subject to the approval of the Angolan authorities. Angola […]

Mkpoikana Udoma Port Harcourt — A stakeholder and Executive Director of Advocacy Centre, Mr Fyneface Dumnamene Fyneface, has tackled Governor Nyesom Wike, over his ongoing clamped down on artisanal refineries in the state, without alternative […]

London — BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car. The milestone will mark a significant moment for BP which wants to […]

China has been the global oil demand driver for the last decade, accounting for 44% of worldwide growth in oil imports since 2015, when Beijing started issuing import quotas to independent refiners. Benchmark Brent crude […]

Oslo — Norway is set to boost its petroleum output by more than 9% by 2024 buoyed by a jump in investment in the country’s biggest export sector, data from the Norwegian Petroleum Directorate (NPD) […]

Johannesburg — Shell’s plan for seismic testing on South Africa’s Wild Coast, which critics say threatens dolphins, seals, whales, penguins and other rare sea life, received all necessary environmental approvals, the country’s energy minister said […]

Mkpoikana Udoma Port Harcourt — Rivers State Governor, Nyesom Ezenwo Wike on Thursday vowed not to spare anyone involved in the illegal oil bunkering and artisanal refining activities that was causing the soot pandemic in […]

PKN Orlen’s purchase of Lotos is part of a wider plan by Poland’s ruling Law and Justice (PiS) party to increase control over the economy and create ‘national champions’ able to compete with global players. […]