BP Is Running on Empty As Energy Giant Scraps Buyback Program
BP Is Running on Empty As Energy Giant Scraps Buyback
- Energyplanets
- February 17, 2026
Oil and gas
energy
Oil and Gas
BP Is Running on Empty As Energy Giant Scraps Buyback
February 17, 2026 BP has suspended its share buyback program and increased its cost-cutting goal by $1.5 billion to bolster its balance sheet and increase investment in oil production. The company's current struggles stem from
General News
Oil and Gas
Dangote enters into a $400 million equipment agreement with a
Dangote Group has finalized a $400 million construction equipment deal with XCMG Construction Machinery Co., Ltd., a leading Chinese manufacturer of construction machinery, aimed at expediting the expansion of the Dangote Petroleum Refinery & Petrochemicals.
Oil and Gas
Saudi Oil Exports to China Set to Soar as the
February 16, 2026 Near-term demand for Saudi Arabia’s oil in China is soaring after the Kingdom early this month slashed its official selling prices (OSPs) for Asia to the lowest level versus regional benchmarks in
General News
Oil and Gas
China Achieves Record Oil Imports from Russia as India Cuts
February 16, 2026 China's oil imports from Russia are projected to reach an unprecedented level of over 2 million barrels per day in February, as India reduces its spot purchases from Russia, leading to significant
Power
General News
power
Tinubu Appoints CEO & Board Members of NEMSA; Magaji Da’U Aliyu as MD of SHESTCO
February 10, 2026 President Bola Tinubu has appointed Hon. Magaji Da’u Aliyu as the Managing Director of the Sheda Science
General News
General News
President Tinubu Joins the World to Mourns the
February 17, 2026 President Tinubu said he joined the rest of the world and the people of the United States
Blog
Oil and Gas
Uncategorized
Dangote Refinery Clarifies: No Importation of Finished PMS
Dangote Petroleum Refinery has issued a firm clarification in response to recent publications attributed to S&P Global, stating that the
Renewables
energy|power
renewables
Africa Must Align Infrastructure, Policy and Capital to Achieve Energy Security – Ojulari
The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir
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