September 24, 2025 Global Gas Power: Canadian energy infrastructure company, TC Energy Corp. (NYSE:TRP), has unveiled plans to invest $8.5 billion over the next five years in U.S. power projects, banking on predictions of a 45 billion cubic feet per day increase in natural gas demand to meet surging power demand. According to TC Energy CEO […]Read More
September 16, 2025 The first cargo of Nigerian gasoline produced at the Dangote refinery has reportedly arrived at its destination in the United States. Reuters, citing unnamed sources in the know and ship-tracking data, said the gasoline cargo was arranged by Sunoco and commodity trader Vitol. VesselFinder reported that Gemini Pearl, a Panama-flagged oil product carrier, was currently located […]Read More
September 14, 2025 Britain and the United States are set to sign a sweeping agreement to accelerate nuclear power development during U.S. President Donald Trump’s state visit this week, marking what Keir Starmer described as the start of a “golden age of nuclear.” The accord, known as the Atlantic Partnership for Advanced Nuclear Energy, is designed to […]Read More
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has protested what it described as Aliko Dangote’s anti-union agenda in Nigeria’s oil and gas sector. This was stated in a joint statement by Williams Akporeha, National Executive President, and Afolabi Olawale, Secretary General of the union, on Friday in Abuja. The union accused Dangote […]Read More
Aug 28, 2025 The Ukrainian capital, Kyiv, was hit by a “massive” Russian air strike early on August 28, causing multiple deaths, while senior Ukrainian leaders were making a diplomatic dash to drum up support ahead of talks with US officials in New York later this week. Authorities in Kyiv reported that the Russian drone […]Read More
August 22, 2025 The United States has sanctioned a Greek shipping entrepreneur, a network of his companies, and two Chinese crude oil terminal and storage operators as the Treasury is taking additional actions to disrupt Iranian oil exports and the shadow fleet enabling them. The United States Department of the Treasury’s Office of Foreign […]Read More
India is launching a national deepwater oil and gas exploration mission to tap more of its energy resources, boost domestic energy supply, and reduce dependence on imports, Prime Minister Narendra Modi said on Friday. “India will harness its deepwater energy resources, strengthening energy self-reliance and reducing dependence on foreign fuel imports,” Modi said in his address on […]Read More
August 08, 2025 Continued weaker demand for hybrid vehicles slowed the growth in China’s new energy vehicles to 12% in July from nearly 20% in June, according to official Chinese data published on Friday. Overall Chinese car sales also saw weaker growth last month, as the government is trying to tackle the overcapacity in the […]Read More
August 05, 2025 President Trump is rattling the U.S.’s formidable nuclear saber amid his growing frustration with Russian President Vladimir Putin’s refusal to halt the war in Ukraine, just days ahead of Trump’s deadline for a ceasefire. Trump last week said he was moving two “nuclear” submarines closer to Russia in response to threatening rhetoric from a […]Read More
Oil Price Swings Challenge Big Oil Trading Profits
Jul 23, 2025 Oil Price: While analysts and investors largely expect to see lower earnings at the world’s top oil and gas majors for the second quarter, due to weaker oil prices, they have fewer clues about the trading divisions of Big Oil. Typically, major price swings benefit trading desks; however, this past quarter’s wild […]Read More
