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Category : energy|oil-and-gas:Oil and Gas

President Tinubu Lauds Petrobra’s Imminent Return to Nigeria as Nigeria, Brazil Sign Five MOUs to Boost Economic Ties
energy|oil-and-gas:Oil and Gas

President Tinubu Lauds Petrobra’s Imminent Return to Nigeria as Nigeria,

August 26, 2025

August 26, 2025 *Air Peace to operate direct flight from Lagos to São Paulo President Bola Tinubu on Monday welcomed Petrobras’s imminent return to Nigeria, five years after Brazil’s state-owned oil company halted its joint venture operations. At a joint press conference in Brasília during his State Visit to Brazil, President Tinubu said Petrobras’ return […]Read More

Tinubu commissions WAGL’S 40,000cm LPG Vessel, named ‘MT Iyaoloja Lagos in South Korea
energy|oil-and-gas:Oil and Gas

Tinubu commissions WAGL’S 40,000cm LPG Vessel, named ‘MT Iyaoloja Lagos

August 22, 2025

President Bola Tinubu has commissioned a 40,000-cubic-metre Liquefied Petroleum Gas (LPG) vessel built in Ulsan, South Korea, expanding WAGL Energy Limited’s fleet capacity to over 160,000 cubic metres; the company is a joint venture between NNPC Limited and Sahara Group. President Bola Ahmed Tinubu says Nigeria is poised to deliver clean and sustainable energy solutions not […]Read More

India’s State Refiners Tempted by Falling Russian Crude Prices
energy|oil-and-gas:Oil and Gas

India’s State Refiners Tempted by Falling Russian Crude Prices

August 14, 2025

August 14, 2025 India’s state-owned refiners, which paused Russian crude buying a few weeks ago, have now started to inquire traders about potential purchases of the flagship Russian crude Urals, sources familiar with the development told Reuters on Thursday. The biggest Indian state-owned refiners have pulled out of spot purchases of Russian crude for cargoes loading in […]Read More

EU is considering pooling demand from EC to collectively purchase more U.S. LNG
energy|oil-and-gas:Oil and Gas energy|power

EU is considering pooling demand from EC to collectively purchase

July 31, 2025

Juyl 31, 2025 The European Commission (EU) is considering pooling demand from European Companies (EC) to collectively purchase more U.S. liquefied natural gaspart of an effort to meet its $750 billion energy trade deal with Washington. The initiative, announced Thursday, would be modeled after the EU’s 2022 Aggregate EU program, which coordinated gas purchases following Russia’s invasion […]Read More

TotalEnergies Posts $3.6 Billion Q2 Profit Amid Oil Price Slide
energy|oil-and-gas:Oil and Gas

TotalEnergies Posts $3.6 Billion Q2 Profit Amid Oil Price Slide

July 28, 2025

Jul 24, 2025 TotalEnergies posted a solid second-quarter 2025 performance, generating $6.6 billion in cash flow from operations despite a 10% drop in Brent crude prices. The French energy major recorded an adjusted net income of $3.6 billion, down 15% quarter-on-quarter, driven by softer commodity prices but partially offset by higher production volumes. Strategic Execution TotalEnergies’ […]Read More

NLNG Deepens Educational Commitment With New Investments In Rivers Community
energy|oil-and-gas:Oil and Gas

NLNG Deepens Educational Commitment With New Investments In Rivers Community

July 27, 2025

As part of it’s strategic commitment to education and community development, the Nigeria Liquefied Natural Gas, NLNG, says it has completed the commissioning of the second phase of its school renovation project in Rivers State, with upgrading infrastructure in host community schools. A statement by NLNG’s General Manager, External Relations & Sustainable Development, Sophia Horsfall, […]Read More

TotalEnergies Sells 50% Stake in Portuguese Renewables Portfolio
energy|oil-and-gas:Oil and Gas offshore

TotalEnergies Sells 50% Stake in Portuguese Renewables Portfolio

July 3, 2025

Jul 03, 2025 TotalEnergies has sold a 50% stake in a 604-megawatt portfolio of renewable energy assets in Portugal to a Japanese consortium for €178.5 million, the company announced Wednesday. The deal, part of TotalEnergies’ capital rotation strategy, allows the French energy giant to optimize its investments in its growing electricity division while maintaining operational control. The […]Read More

CSR: Aliko Dangote’s Foundation 40,000 bags of rice brings relief to people living with disabilities, vulnerable in Ogun State
energy|oil-and-gas:Oil and Gas General News news

CSR: Aliko Dangote’s Foundation 40,000 bags of rice brings relief

June 20, 2025

CSR: The FGN’s National Food Intervention (NFI) initiative aims to ensure sustainable access, availability, and affordability of quality food for all Nigerians, with the broader goal of Nigeria becoming a significant food provider globally. This involves addressing challenges in the agricultural value chain, promoting private sector participation, and stimulating food production. Ultimately, the initiative seeks to alleviate […]Read More

PETROAN Laments Job Losses/Monopoly Due To Dangote Refinery’s Fuel Distribution Plan
energy|oil-and-gas:Oil and Gas General News

PETROAN Laments Job Losses/Monopoly Due To Dangote Refinery’s Fuel Distribution

June 17, 2025

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has warned that the  Dangote Refinery’s forward integration strategy could lead to monopoly and loss of jobs. This is predicated on the statement that Dangote refinery would begin the nationwide distribution of diesel and petrol nationwide come August 15, 2025 PETROAN’s National Public Relations Officer, […]Read More

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