October 12, 2025 Oil prices rebounded in early Asian trading on Monday, recovering from sharp losses in the previous session as investors grew cautiously optimistic that potential talks between President Trump and President Xi could ease tensions between the world’s two largest economies and oil consumers. At the time of writing, Brent was up 1.64% at $63.76, […]Read More
The NNPC Limited, Sahara Group, Eroton E&P, and Bilton Energy Ltd. have commissioned Nigeria’s first wholly owned 2.2 million-barrel capacity Floating Storage and Offloading (FSO) vessel, designed to drive sustained oil and gas production, energy reliability, security, and sustainability across Nigeria. The vessel is Nigeria’s first Crude Oil Terminal to be commissioned in 50 years. […]Read More
October 06, 2025 More crude oil from Russia has become available for Indian refiners as Ukrainian drone attacks have reduced the Russian refining capacity, an Indian government official Reuters on Monday. Since the Russian invasion of Ukraine, India has relied on the discounted Russian crude banned in the West to reduce its crude import bill. Indian refiners […]Read More
The Dangote Group has been hailed for its leading role in environmental sustainability as the company took centre stage at the E1GP Lagos Mangrove Restoration Programme held at the Eko Park Mangrove Sanctuary, Lagos. The event, which brought together top government officials, traditional rulers, community leaders, corporate sponsors, and international partners, was aimed at combating […]Read More
October 01, 2025 TotalEnergies will sell its minority non-operated stakes in three mature oil and gas fields offshore Norway as part of a strategy to high-grade its upstream portfolio, the French supermajor said on Wednesday. The group’s Norwegian subsidiary, TotalEnergies EP Norge, has signed an agreement to divest its non-operated interest, 39.89%, in the West Ekofisk and […]Read More
September 30, 2025 OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike crude oil production by half a million barrels per day. In a statement from Vienna on Tuesday, the OPEC Secretariat called the claims “wholly inaccurate and misleading,” stressing that discussions among ministers for the […]Read More
September 25, 2025 Oil loadings have resumed at Russia’s Novorossiysk hub after Ukrainian drone strikes forced a brief suspension at two of the Black Sea’s most strategic terminals, Russian TASS news agency reported on Thursday. Operations at the Caspian Pipeline Consortium’s (CPC) terminal and Transneft’s Sheskharis facility were halted on Wednesday as unmanned aerial and maritime systems […]Read More
September 24, 2025 Petrobras has received regulatory approval from Brazil’s environmental agency Ibama for its Pre-Operational Assessment (APO) in block FZA-M-59, a key step toward securing a license to drill an exploratory well in the deepwater basin off the coast of Amapá. The APO, conducted in August, tested Petrobras’ emergency response capabilities and marked the final stage […]Read More
September 23, 2025 China has received a sixth LNG cargo from Russia’s heavily sanctioned Arctic export project in a sign that the Chinese-Russian trade from Arctic LNG 2 has been flourishing in recent weeks despite U.S. and European sanctions on the project. The Arctic Mulan discharged its LNG cargo at the Chinese terminal of […]Read More
Eterna Industries Limited, the authorized distributor of Castrol products in Nigeria, on Wednesday, had an intensive dialogue with lubricant distributors across the nation to accelerate business growth and control adulteration of its products. Castrol, which has been in existence for over 125 years with presence in about 120 countries, has been consistent in protecting engines […]Read More
Copyright © 2022, Energy Planets. All rights reserved
Join our mailing list to receive the latest news and updates from our team.