CATEGORY
Energy
US Official Says Oil Price Cap On Russia Crude Exports To Include Products
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The G-7 plan to impose price caps on Russian oil exports is broadening to refined products, Catherine Wolfram, a deputy assistant secretary at the US Treasury,...
Treat Stolen Nigerian Crude Oil as Blood Diamonds
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The Group Managing Director of the Nigerian National Petroleum Corporation Limited, Mele Kyari, yesterday called on the international community to join Nigeria in its...
EU’s Scramble for Gas Creates new Energy Threat – Bloomberg
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The European Union's push to replace Russian oil and natural gas is causing a tanker shortage and may lead to Asian nations freezing this...
Oil Rises Nearly 3% After Putin’s Speech
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Oil futures rose 3% after Russia’s president, Vladimir Putin, said there would be a partial military mobilization in the country.
Brent crude futures rose 3.07% to...
Moscow Unveils Details of New Gas Pipeline to China
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Gazprom is finalizing construction details of the Soyuz Vostok gas pipeline project with its Chinese and Mongolian partners, Russian President Vladimir Putin said on Thursday at...
Egbin Power Appoints Bounour CEO to Drive Transformation, Energy Transition
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The Board of Egbin Power Plc has announced the appointment of Mokhtar Bounour as Chief Executive Officer of the foremost privately run thermal plant...
Russia Won’t Restart Nord Stream Pipeline Until Sanctions Are Lifted
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Russian natural gas supply via the Nord Stream pipeline to Germany will remain shut until the Western sanctions that impede gas turbine repairs are...
NNPC Ready For Forensic Audit Of Fuel Supply
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The Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for forensic audit of fuel supply and subsidy management, insisting that...
Renewed Clashes In Tripoli Threaten Libyan Oil Production
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Renewed clashes broke out over the weekend in oil-rich Libya’s capital as militia forces aligned with the Government of National Unity (GNU) moved to...
Oil Surges After OPEC+ Agrees On 100Kb/d Production Cut
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OPEC+ has agreed to a 100kb/d reduction in oil output for October a delegate told Reuters.
https://twitter.com/Amena__Bakr/status/1566764285061206016
The small cut would reverse the 100,000 barrels a...