Oil & Gas
-
NLNG to commission $5bn Train 7 project
The Liquefied Natural Gas (NLNG) Limited says its $5 billion Train 7 project has hit 92 percent completion and now…
Read More » -
Ukraine again hits Russia’s Yaroslavl Oil Refinery
Ukraine has said it again targeted the Yaroslavl oil refinery in central Russia to inflict a further overnight damage on…
Read More » -
ExxonMobil, QatarEnergy sign deal with Egypt for Cyprus gas development
Multinational oil giants, ExxonMobil and QatarEnergy have signed a Memorandum of Understanding (MoU) with Egypt to assess the potential of…
Read More » -
US crude oil stocks drop almost 8mm barrels WoW
United States commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 7.9 million barrels from…
Read More » -
NATO considering enforcing Hormuz passage July, says official
The North Atlantic Treaty Organisation (NATO) is discussing the possibility of helping ships pass through the Strait of Hormuz if…
Read More » -
IPMAN urges establishment of oil & gas bank
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called for the establishment of an a petroleum energy bank in…
Read More » -
Nigerian content compliance non-negotiable, NCDMB insists
The Nigerian Content Development and Monitoring Board (NCDMB) has insisted that compliance with Nigerian content regulations in the oil and…
Read More » -
USA EIA reveals latest oil price forecasts
The United States Energy Information Administration (EIA) has released its latest oil price forecasts. In the May short term energy…
Read More » -
Iran opens Strait of Hormuz to Chinese ships
Iran last week opened the Strait of Hormuz to allow some Chinese oil ships move, in compliance with its management…
Read More » -
UK mulls ban on New North Sea oil & gas licences
The United Kingdom (UK) government has disclosed a move to introduce a legislation banning new North Sea oil and gas…
Read More »