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Monthly Archives

March 2025

  • AnalysisGovernmentIn the NewsMarkets

    Australia Sees 6% Drop in Mining, Energy Export Earnings

    by Ikeoluwa Juliana Ogungbangbe March 31, 2025
    by Ikeoluwa Juliana Ogungbangbe March 31, 2025

    Australia’s mining and energy export earnings are projected to fall 6% in 2024 as iron ore prices dip and Chinese demand slows

  • GovernmentIn the NewsMarkets

     Oil prices edge higher amid tariff concerns, tightening supplies

    by Ikeoluwa Juliana Ogungbangbe March 28, 2025
    by Ikeoluwa Juliana Ogungbangbe March 28, 2025

    Oil prices rise as traders assess U.S. tariffs and tightening crude supplies, with concerns about the global economy

  • In the News

    Judge Rules Biden Lacked Authority to Cancel Alaska Oil Leases

    by Adedotun Oyeniyi March 27, 2025
    by Adedotun Oyeniyi March 27, 2025

    Judge rules that Biden’s administration lacked authority to cancel Alaska oil leases, potentially reversing the drilling ban in the Arctic Refuge.

  • GovernmentIn the NewsMarkets

    Pemex seeks to diversify motor fuel, crude oil markets

    by Ikeoluwa Juliana Ogungbangbe March 26, 2025
    by Ikeoluwa Juliana Ogungbangbe March 26, 2025

    Pemex pursues a diversification strategy for motor fuel and crude oil exports, following U.S. tariff threats against Venezuela oil trade

  • In the News

    Trump Sets 25-Percent Tariff on Countries Purchasing Venezuelan Oil

    by Adedotun Oyeniyi March 25, 2025
    by Adedotun Oyeniyi March 25, 2025

    President Trump announces a 25 percent tariff on countries buying Venezuelan oil and gas, with China being the largest buyer.

  • GovernmentIn the NewsMarkets

    Iraq aims to raise oil production to 6 million bpd by 2029

    by Ikeoluwa Juliana Ogungbangbe March 24, 2025
    by Ikeoluwa Juliana Ogungbangbe March 24, 2025

    Iraq plans to raise oil production to 6 million bpd by 2029, backed by a BP deal and OPEC+ commitment to global output reductions

  • Energy TransitionIn the News

    Federal Regulators Approve Southwest Power Pool Grid Expansion

    by Ikeoluwa Juliana Ogungbangbe March 21, 2025
    by Ikeoluwa Juliana Ogungbangbe March 21, 2025

    Federal regulators approve SPP grid expansion, making it the first U.S. operator to manage power across both major electric interconnections

  • In the News

    Oil Prices Rise Amid US Fuel Demand and Ceasefire Talks

    by Adedotun Oyeniyi March 20, 2025
    by Adedotun Oyeniyi March 20, 2025

    Oil prices rise with U.S. fuel demand as the market watches the Ukraine ceasefire discussions and the Fed’s interest rate decision.

  • In the NewsMarkets

    Kazakhstan’s oil minister ousted after violating OPEC+ quotas

    by Ikeoluwa Juliana Ogungbangbe March 19, 2025
    by Ikeoluwa Juliana Ogungbangbe March 19, 2025

    Kazakhstan’s oil minister was ousted after the country exceeded OPEC+ quotas, facing backlash for overproduction and defiance of production limits

  • In the News

    Oil Prices Edge Up Amid U.S. Military Action and China Data

    by Adedotun Oyeniyi March 18, 2025
    by Adedotun Oyeniyi March 18, 2025

    Oil prices rise as U.S. military strikes against Houthis and positive China economic data boost global oil demand outlook.

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Nigeria’s Oil Boom: Record Production in September 2023

ExxonMobil Deploys Drone Technology to Boost Offshore Efficiency in Angola
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ExxonMobil Deploys Drone Technology to Boost Offshore Efficiency in...
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