Oil prices spike to 14-year high, before calming somewhat- Rystad Energy Oil Market
Oil prices surged Monday morning to highs not experienced since 2008 as bans on Russian…
Category: Oil&Gas
OPEC Has No Control Over Events Roiling Global Oil Markets -Sec Gen
OPEC has no control over the events that have led to the run up in…
SHELL SIGNS MAJOR GAS AGREEMENT WITH DANGOTE GROUP FOR FERTILISER PRODUCTION
Shell’s gas to power Nigeria’s biggest fertiliser company Leading energy company, The Shell Petroleum Development…
Gas prices rising on energy security concerns, as UK and Lithuania close ports to Russian LNG
Gas and LNG prices rise as Russian exports become increasingly unpopular. UK and Lithuania…
Oil markets hit multiple records as Russia sanctions bite, disrupt trade flows
Oil benchmarks are hitting multiple price and spread milestones across several key markets as…
Oil Trader Trafigura Offers Russia’s Crude at a Record Discount
Trafigura Group offered to sell Russia’s flagship Urals crude at another record discount, offering evidence…
Lekoil Nigeria Counters Lekoil Cayman over Savannah Energy Interest
…Lekoil Nigeria Faults Savannah Energy Takeover Move Olusola Bello Lekoil Nigeria has accused Lekoil…
NNPC Boss Gives Insight On Why IOCs Are Divesting
Olusola Bello The Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari has given insights…
Chevron Executing Plans to Deliver Higher Returns and Lower Carbon
· Raises share buyback guidance to $5 – $10 billion per year At its annual investor meeting on Tuesday, Chevron Corporation reported…
OPEC+ Trims Forecast For 2022 Oil Market Surplus In Latest Data
OPEC+ revised down its forecast for the 2022 oil market surplus by about 200,000 barrels…