Oil and gas

Oil and Gas

Oil Prices Headed for Fourth Monthly Loss as Glitch Halts

November 28, 2025 A cooling-system failure at CyrusOne forced CME Group to halt trading across commodities, equities, bonds, and FX. WTI and Brent were already on track for a fourth monthly decline due to oversupply

Oil and Gas

Saudi Arabia Set to Slash Oil Prices to Asia for

November 28, 2025 Saudi Arabia is expected to slash the prices for its crude bound for Asia in January to the lowest premium to benchmarks in five years, as the world’s largest crude exporter looks

Oil and Gas

Petrobras Cuts Capex Plan on Lower Oil Prices

November 28, 2025 Brazil’s energy major Petrobras has revised its spending plans for the next five years, prompted by the steady and persistent decline in oil prices. The company now plans to spend 2% less

Oil and Gas

PetroChina and PipeChina Launch $3.6 Billion Gas Storage Joint Ventures

November 27, 2025 China’s PetroChina and state-owned pipeline operator PipeChina have jointly established two major gas storage companies, part of Beijing’s broader effort to expand natural gas capacity and stabilize energy supply amid growing demand. According to

Power

General News

General News

President Tinubu Approves Membership For US-Nigeria Working Group

November 27, 2025 President Bola Tinubu has approved the constitution of the Nigerian side of the US-Nigeria Joint Working Group

NNPC, Renaissance Joint Venture Boosts Cancer Fight at

VP Shettima Departs South Africa To Represent President

Blog

Uncategorized

Nigeria Boosts Gas Supply With OML 17 Output

November 27, 2025 The Nigerian National Petroleum Company (NNPC) and its partner, Heirs Energies, have successfully doubled natural gas production at a

NNPC, Renaissance Joint Venture Boosts Cancer Fight at

Exxon to Buy Stake in Enterprise’s New Permian

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