*OPEC+ barrel stock – But shaky demand caps gains Singapore — Oil prices inched up on Thursday, clawing back some of the previous session’s big losses after an OPEC+ panel maintained oil output cuts to […]
*ADNOC Gas Bengaluru — UK oil services firm Petrofac (PFC.L) said on Tuesday it got a more than $600 million contract from ADNOC Gas (ADNOCGAS.AD) for the Habshan carbon capture and storage (CCS) project, as […]
Lagos — PetroNor E&P has announced a binding agreement with New Age (African Global Energy) to acquire New Age’s interests in OML 113 in Nigeria which contains the Aje field. This acquisition not only strengthens […]
London — Oil prices slipped by around 1% in early Asian trade on Tuesday, after falling to a three-week low in the previous session, on a stronger U.S. dollar, rising U.S. bond yields and mixed […]
*Executive Director of YEAC-Nigeria, Mr. Fyneface Dumnamene Fyneface. Mkpoikana Udoma Port Harcourt — The Youths and Environmental Advocacy Centre, Yeac-Nigeria, says with the ongoing divestment of onshore and shallow offshore upstream assets by international oil […]
*Crude oil supply vessel. Launceston, Australia — Asia’s crude oil imports slipped for a second consecutive month in September as refinery maintenance trimmed demand and the impact of higher prices started to weigh. The world’s […]
*President Bola Tinubu Abuja — Nigerian President Bola Tinubu on Sunday announced an interim wage rise for low-income workers and mass buses running on gas to ease the impact of a petrol subsidy removal, just […]
Michael James Leeds, England — Savannah Energy plc says it has recorded 12 percent increase in Nigerian production in its unaudited half-year results for the six months ended 30 June 2023. The H1 2023 Unaudited […]
News wire — The Indian government increased windfall tax on petroleum crude, while reduced it on aviation turbine fuel and diesel, according to a government notification on Friday. The windfall tax on petroleum crude will […]
Nicosia — Cyprus and international energy companies led by Chevron have agreed to extend talks on how to develop its Aphrodite offshore gas field amid progress in negotiations, its energy minister said on Friday. “It […]
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