Milan/Madrid — Italy’s Enel on Tuesday dismissed suggestions that it is planning to sell its majority stake in Spain’s Endesa and that a deal had been discussed involving energy group Repsol. El Confidencial reported on […]
*North Sea Brent oil Tokyo/Singapore — Oil benchmark Brent fell on Wednesday, reversing some of the gains made after Saudi Arabia and Russia announced they would extend and deepen output cuts into August, as concerns […]
*Uganda National Oil Co CEO Proscovia Nabbanja Kampala — Uganda is seeking new funding for its planned crude oil refinery after negotiations with a consortium that included a unit of U.S. firm General Electric lapsed […]
*An employee counts 100 Chinese yuan banknotes at a bank in Hefei, Anhui province, January 21, 2013. REUTERS/Stringer/File Photo/File Photo New Delhi — Indian refiners have begun paying for some oil imports from Russia in […]
*Fuel dispenser London — Britain’s antitrust regulator said on Monday drivers have been paying more for fuel since 2019 due to weakening competition between retailers, publishing the results of a year-long investigation into competition in […]
*OPEC+ barrel stock Riyadh — Saudi Arabia is expected to extend its unilateral 1 MMbpd oil production cut for at least another month, as global crude markets remain pressured by economic fears. Riyadh surprised oil […]
*The Paris climate agreement goals credit tree aid London — Top oil and gas companies have made little progress in turning away from hydrocarbons and towards the goals of the 2015 Paris climate deal, multinational […]
*Fuel dispenser nozzle. – Accuses NLC of betraying ordinary Nigerians Mkpoikana Udoma Port Harcourt — The Independent Petroleum Marketers Association of Nigeria, IPMAN has charged the federal government to tell Nigerians what it plans to […]
Sinopec’s first green hydrogen facility has the capacity to produce 20,000 metric tons of hydrogen a year, using solar power to electrolyse water, the company said in a statement. The plant, in Kuqa city in […]
London — Shell’s head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back its energy transition plans. Brostrom joined Shell from offshore wind […]
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