COVID-19: ENI, STATE OF TABASCO HEALTH SERVICES ALIGNS TO CURB
Eni Foundation, a corporate foundation known to promote worldwide social and humanitarian initiatives has launched two projects to strengthen health services...
US MAY BECOME WORLD’S LARGEST LNG EXPORTER AS HER EXPORT SUPPLY...
Supplies to U.S. liquefied natural gas export plants reached near record levels over the weekend as vessels docked for loading at...
EGYPT 2022: BARKINDA RECEIVES SPECIAL AWARD
OPEC Secretary General, Mohammad Sanusi Barkindo, was on Monday presented with a special award in recognition and honouring of his achievements as Secretary...
EUROPEAN BANKS LEND $55BN FOR NEW OIL, GAS PROJECTS, IGNORE IEA
Last year, 25 European leading banks were said to have lend $55 billion to energy companies planning to expand oil and...
ALGERIA’S SONATRACH, NIGER SIGN PRODUCTION IN KAFRA REGION OIL
Algeria’s Sonatrach oil company said it had signed an agreement with the Niger petroleum ministry to share production in Niger’s Kafra region, the...
$80BN ARAMCO SHARES TRANSFERRED TO STATE FUND BY SAUDI ARABIA
Saudi Arabia’s Crown Prince Mohammed bin Salman has transferred 4% of Saudi Aramco (2222.SE) shares worth $80 billion to the kingdom’s sovereign wealth fund,...
LUNAR NEW YEAR REDUCES TRADING, CRASHES ASIAN LNG PRICES
Asian spot liquefied natural gas (LNG) fell this week, tracking gas prices in Europe, amid muted demand from China as the Lunar...
SAUDI ARAMCO PLANS A $50 BILLION STAKE SALE OF FRESH SHARE...
Saudi Arabia is planning to list more shares in Aramco and is targeting a stake sale of as much as $50 billion, the Wall...
USA: Exxon TO RAISE SHALE OUTPUT IN PERMIAN BY 25%
xxon said its global cost of production allow it to break even at a price of $41 per barrel on cheap barrels coming from the Permian and from its deepwater finds in Guyana, in South America. Brent, the global benchmark for oil, is trading around $90 per barrel.
U.S OIL INVENTORY DIPS WHILE FUEL DEMAND RISES
Oil prices rallied on Wednesday after U.S. crude inventories dropped by nearly 5 million barrels and fuel demand rose to an all-time...
BP PROFITS RISE TO 8-YEAR HIGH ON SOARING ENERGY PRICES
BP’s profits hit their highest in eight years in 2021, lifted by soaring gas and oil prices, as the company boosted share...
U.S. DRILLERS GET BUSY IN COSTLY SHALE BASINS AS OIL NEARS...
As U.S. oil rises toward $100 a barrel, producers in some high-cost shale basins are buying properties and adding rigs and...
CHEVRON’S REQUEST TO TAKE VENEZUELA OIL FOR DEBT PAYMENT RECEIVES US...
The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup...
CHEAPER COAL MAY FORCE EUROPEAN GAS DEMAND DOWN THIS YEAR –...
European gas demand is expected to decline this year as continued high prices make coal more competitive for power generation, while...
QATAR WANTS EU EMERGENCY GAS TO STAY WITHIN EU
Top gas producer Qatar is asking the European Union to restrict resales of gas outside the bloc if it wants Qatar and...
EQUINOR SAYS NORWAY LNG PLANT FACES FURTHER RESTART DELAY
Norway’s Hammerfest LNG plant faces a further delay to restarting production after a fire in 2020, operator Equinor said on Monday,...
CHEVRON PROFITS DIP OVER SHRINKING ASSET VALUE
American oil major, Chevron has reported disappointing profits after slumping values for some long-held fields hurt the oil giant’s ability to take...
REFLECTING ON DANGOTE REFINERY AND HELL AWAITING LEKKI RESIDENTS
Like many, I’m excited at the gargantuan Dangote Refinery in Ibeju- Lekki, Lagos reputed as the second-largest refinery project in the...
PETRONAS OPENS BID ROUNDS, OFFERS 14 EXPLORATION BLOCKS, OTHER ASSETS
Malaysia’s state energy firm Petronas said it was offering 14 offshore exploration blocks, six clusters of discovered resource opportunities (DRO), and...
U.S. LAW FIRM TO ADVISE TANZANIA ON LNG PROJECT
Tanzania has appointed a U.S-based law firm as its transaction advisor for negotiations with energy companies over the construction of a...
-Advertisement
Recent Edition
Archives
The Energy Stars
