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In the News

  • In the News

    Vitol and Glencore Win $380 Million in Nigerian LNG Dispute

    by Adedotun Oyeniyi February 26, 2025
    by Adedotun Oyeniyi February 26, 2025

    A London court has ruled that Vitol and Glencore will receive $380 million from Nigeria LNG after a dispute over undelivered cargoes in 2020 and 2021.

  • In the News

    Chevron Announces Leadership Shakeup and Business Restructure

    by Adedotun Oyeniyi February 25, 2025
    by Adedotun Oyeniyi February 25, 2025

    Chevron announces leadership and structural changes to improve efficiency, cut costs, and optimize global operations amid industry challenges.

  • AnalysisIn the NewsMarketsOil & Gas

    Coal India, EDF Partner on Renewable Energy Venture

    by Ikeoluwa Juliana Ogungbangbe February 24, 2025
    by Ikeoluwa Juliana Ogungbangbe February 24, 2025

    Coal India renewable energy efforts expand through a joint venture with EDF, focusing on hydropower and clean energy projects in India and South Asia

  • In the News

    Russia to Build Port and Oil Refinery in Myanmar’s Dawei Zone

    by Adedotun Oyeniyi February 24, 2025
    by Adedotun Oyeniyi February 24, 2025

    Russia and Myanmar sign an investment deal for a port and oil refinery in the Dawei Special Economic Zone, strengthening energy and trade ties.

  • In the News

    Leviathan Partners Plan Major Expansion for Israel’s Gas Supply

    by Adenike Adeodun February 24, 2025
    by Adenike Adeodun February 24, 2025

    The Leviathan gas field partners plan a $2.4 billion expansion to boost production and strengthen Israel’s energy security and exports.

  • In the News

    Cheniere Plans Expansion Amid Trump’s Pro-Energy Policies

    by Adedotun Oyeniyi February 21, 2025
    by Adedotun Oyeniyi February 21, 2025

    Cheniere Energy plans LNG expansion under Trump’s energy policies despite financial challenges, betting on Corpus Christi growth and global demand.

  • In the News

    U.S. Crude Inventories Rise as Refinery Maintenance Slows Output

    by Adenike Adeodun February 21, 2025
    by Adenike Adeodun February 21, 2025

    U.S. crude stocks rose by 4.6 million barrels due to refinery maintenance, while gasoline and distillate inventories declined as fuel production slowed.

  • In the News

    Exxon Expands Gas Operations in Guyana With Large-Scale Project

    by Adedotun Oyeniyi February 20, 2025
    by Adedotun Oyeniyi February 20, 2025

    Exxon Mobil is launching a major gas expansion project in Guyana, boosting natural gas supply, LNG exports, and industrial production.

  • GovernmentIn the NewsMarketsOil & Gas

    Europe Criticizes Trump’s Steel and Aluminum Tariffs

    by Ikeoluwa Juliana Ogungbangbe February 19, 2025
    by Ikeoluwa Juliana Ogungbangbe February 19, 2025

    Trump’s steel tariffs face EU criticism as European steelmakers warn of export losses. Market uncertainty grows as steel prices begin to rise

  • In the News

    EU Seeks More LNG Supplies Amid Energy Price Concerns

    by Adedotun Oyeniyi February 19, 2025
    by Adedotun Oyeniyi February 19, 2025

    The EU is looking to secure more LNG supplies while balancing climate goals, trade policies, and high energy prices.

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  • Oil Prices Slide as Global Supply Fears Deepen and Output Rises
  • Dangote Refinery Withdraws N100 Billion Suit Against Oil Regulator
  • Eskom Flags More Power Tariff Hikes as Cost Pressures Mount on South African Households
  • Nigeria’s Oil Output Slumps as OPEC+ Targets Falter Amid Weak Prices

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Nigeria’s Oil Boom: Record Production in September 2023

Shell Awards Offshore Gas Contract to Halliburton for Nigeria’s OML 144 Development
Oil Prices Slide as Global Supply Fears Deepen and Output Rises

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Shell Awards Offshore Gas Contract to Halliburton for Nigeria’s...
Oil Prices Slide as Global Supply Fears Deepen and...
Dangote Refinery Withdraws N100 Billion Suit Against Oil Regulator

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