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Sunday, June 26, 2022
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CATEGORY

Energy

LAMATA, Oando Sign MoU to Launch Electric Mass Transit Buses

Oando Clean Energy Limited (OCEL) has announced the signing of a Memorandum of Understanding (MoU) with the Lagos Metropolitan Area Transport Authority (LAMATA), the...

Why Investors Should Buy Seplat Stock For the Huge Free Cash Flow

A Nigerian Company sitting on a cash pile that sets it apart from others is Seplat Energy Plc, the largest upstream oil and gas...

Chevron CEO Says There May Never be Another Oil Refinery Built In The U.S.

Chevron CEO Mike Wirth says he does not expect another oil refinery to be built in the U.S. ever again, pointing to decades of U.S...

Nigeria Quota to Rise as OPEC+ Agrees on Bigger Oil-output Hikes

OPEC+ will increase the size of its oil-supply hikes by about 50%, bowing to months of pressure from major consumers including the US to...

NNPC Gets FG Nod To Execute ECOWAS MoU On Nigeria-Morocco Gas Pipeline

By Abdulwaheed Olayinka Adubi, Kaduna The Federal Executive Council (FEC) has approved for Nigerian National Petroleum Corporation (NNPC) to execute Memorandum of Understanding (MoU) with...

Moscow Shrugs Off EU Oil Ban: ‘Russia Will Find Other Importers’

Moscow struck a defiant tone in reaction to the European Union’s (EU) new partial ban on Russian oil imports, with a senior Kremlin official...

EU Agrees on Partial Embargo on Russian Oil, cutting Sberbank off SWIFT

EU leaders negotiated the sixth package of sanctions against Russia, which includes, in particular, partial embargo on import of Russian oil and cutting Russia’s...

Gazprom Cuts Off Gas Supply To The Netherlands

Russian gas giant Gazprom has announced that it will stop gas supplies to the Netherlands by Wednesday, in a reaction to the refusal by...

Dangote Refinery to Expose Nigeria’s Downstream, Midstream Sectors to Int’l Markets

The coming on stream of the 650,000 barrels-per-day Dangote Petroleum Refinery will guarantee availability of high quality environmentally compliant products in Nigeria, regional markets in West...

Asia Outpaces Europe as Top Russian Oil Buyer – Bloomberg

Asian countries became the largest importers of Russian oil for the first time in April 2022, overtaking Europe, Bloomberg reported on Friday, citing Singapore-based...

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