October 24, 2025 Global Exports of liquefied natural gas increased to 34.59 million tons last month, which was the highest on record, the Gas Exporting Countries Forum reported. The global increase was driven by a boost in imports, at an annual 3.7%, which in turn was driven by a surge in demand in the European […]Read More
Sahara Group has introduced the Sahara Graduate Business Analyst (GBA) Program to equip emerging talent with analytical, data-driven, and problem-solving skills necessary to enhance business performance and foster innovation in Africa’s energy sector. Bethel Obioma, Head, Corporate Communications at Sahara Group, said the new initiative highlights the company’s increased emphasis on insights, analytics, and decision intelligence for […]Read More
Dangote Group has refuted reports circulating on social media and in some online platforms linking it to a truck involved in a road accident in Akungba-Akoko, Akoko South-West Local Government Area of Ondo State. The company wishes to make it categorically clear that the truck involved in the unfortunate incident does not belong to Dangote […]Read More
October 22, 2025 India and Brazil, both hit with steep 50% U.S. tariffs under the Trump administration, are strengthening strategic, trade, and energy ties to counterbalance the economic impact. The two BRICS nations signed new agreements in agriculture, renewable energy, infrastructure, and innovation. Brazil is exploring crude oil export opportunities to India. Two of the […]Read More
October 22, 2025 Brazil’s state-run oil company Petrobras could begin producing oil and gas in the Foz do Amazonas basin within seven to eight years if major reserves are confirmed, Chief Executive Magda Chambriard told Reuters on Tuesday. The basin, located off the coast of the Amazonian state of Amapá, is considered the company’s most promising new […]Read More
October 22, 2025 Crude oil inventories in the United States decreased by 1 million barrels during the week ending October 17, after gaining 3.5 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 422.8 million barrels according to […]Read More
October 22, 2025 BP has confirmed the preliminary results of the Volans-1X exploration well in Namibia’s Orange Basin, marking another hydrocarbon success in one of the world’s most closely watched frontier regions. The well, located in Petroleum Exploration License 85 (PEL85), was drilled by operator Rhino Resources using the Deepsea Mira semi-submersible rig to a […]Read More
October 22, 2025 China’s total oil product demand jumped by 416,000 barrels per day (bpd) in August from July, the latest data by the Joint Organizations Data Initiative (JODI) showed on Wednesday.  The data compiled from reports submitted by the individual countries also showed that the increase in China’s crude oil imports was higher than the rise […]Read More
October 19, 2025 Oil prices slipped in early Asian trade on Monday, as a combination of burgeoning supply concerns and escalating U.S.–China trade tensions weighed on sentiment. At the time of writing, Brent crude futures had dropped 0.29% to $61.11 while WTI was down 0.35% at $57.34. The continued drop comes on the heels of a third consecutive weekly decline […]Read More
Lagos, Nigeria Asharami Synergy, a Sahara Group downstream company, has strengthened its retail footprint with the commissioning of a new station in Lekki, Lagos, to enhance access to exceptional fuelling solutions. Strategically located to serve residents and businesses across Lekki and its environs, the new facility is equipped with trailblazing forecourt technology. This system allows […]Read More
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