*Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud and OPEC Secretary-General Haitham al-Ghais shake hands at the Organisation of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner/File […]
*Peter Obi at the commissioning of the Dangote Refinery in Lagos Mkpoikana Udoma Port Harcourt — The Presidential Candidate of the Labour Party in the 2023 election, Mr. Peter Gregory Obi, says Dangote refinery will […]
Dubai — The chairman of Indian Oil Corporation said on Monday he remained committed to the term contracts with the Middle East but that spot purchases from the region have gone down with more Russian […]
*Mike Sangster Mkpoikana Udoma Port Harcourt — The Managing Director of TotalEnergies EP Nigeria Limited, Mr Mike Sangster, has announced that the final investment decision, FID, for the company’s upcoming Ubeta gas project would be […]
*Chevron logo and trading information on display at the NYSE Bengaluru — Chevron Corp (CVX.N) said on Monday it would acquire PDC Energy Inc (PDCE.O) in an all-stock transaction for $7.6 billion, including debt. The […]
*Engr. Simbi Wabote Mkpoikana Udoma Yenagoa — The Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr Simbi Wabote, has charged stakeholders to join hands in ensuring that the oil and gas sector makes […]
*A US refinery in Corpus Christi London — U.S. oil refinery margins have halved since the middle of 2022 but they are still at historically high levels and will be supported through the summer of […]
*Sinopec facility News wire — China’s Sinopec said it has agreed key terms with Kazakh state-owned oil and gas firm KazMunayGaz to build a gas-based petrochemical complex in Kazakhstan’s Atyrau region and a final investment […]
Mkpoikana Udoma Port Harcourt — The Nigerian National Petroleum Company Limited, NNPCL, says it has cleared the outstanding $3.8 billion joint venture cash-call debts owed to international oil companies, IOCs, operating in the country. NNPCL’s Executive […]
Dubai — Saudi Arabian oil giant Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support the company’s growth plans. […]
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