CATEGORY
Energy
EU Agrees on Partial Embargo on Russian Oil, cutting Sberbank off SWIFT
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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
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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
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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
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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...
BofA: Brent Could Push Past $150/bbl If Russian Oil Exports Shrink
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Global oil benchmark Brent crude could rise past $150 a barrel (bbl) if there is a sharp contraction in Russian oil exports, Bank of...
UK Rolls Out 25% Windfall Tax on Energy Profits
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The UK has introduced a 25% windfall tax on energy producers’ profits, which will fund support grants for residents who are unable to pay...
Oil Theft: Nigeria’s Oil Production Falls to Six-Year Low of 1.49mbpd in Q1
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Nigeria’s oil production fell to a six-year low of 1.49 million barrels per day (mbpd) in the first quarter of 2022, as record levels...
Energy Shock Shows Need for Fossil Fuels, Saudi Aramco CEO Says
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The energy shock has shown the need to overhaul green energy transition plans and maintain investment in oil and gas production, Saudi Aramco’s chief...
Heirs Oil & Gas (HHOG) Reiterates Commitment to Global ESG Best PracticesÂ
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Doubles gas production capacity of OML 17 while upholding ESG commitments
 Heirs Oil & Gas, Africa’s integrated energy company has reaffirmed its commitment to both national and...
NNPC, Sahara Group Invests USD300m in Gas Carriers to Drive Clean Energy Access in Africa
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The Nigerian National Petroleum Company Limited (NNPC) and energy infrastructure conglomerate, Sahara Group today took delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG)...