News

*The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC’s headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger London — OPEC oil output fell in April due to […]

*Claudio Descalzi, CEO of Italian energy company Eni Rome — The CEO of Italian oil and gas company Eni, Claudio Descalzi, has said he does not expect any “big shocks” on the energy markets this […]

Milan — Italian energy group Eni said on Friday its first-quarter net profit fell 11% year on year on lower oil and gas prices compared with the first three months of 2022, when Russia’s invasion of […]

Paris — French oil major TotalEnergies on Friday urged shareholders to reject an AGM resolution seeking accelerated cuts under the French oil major’s greenhouse gas emission reduction programme. The resolution was submitted to the May […]

*Fuel dispenser pump Abuja — The National Economic Council, NEC, has suspended the planned removal of petrol subsidy by the Federal Government as from June this year. The council met on Thursday at the Council […]

*Logo of the Organization of Petroleum exporting Countries Moscow — Russian Deputy Prime Alexander Novak said on Thursday that OPEC+ group of leading oil producers does not see the need for further oil output cuts […]