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Category : oil-and-gas~offshore|oil-and-gas:Oil and Gas

Iran Refuses To Blink as Europe Eyes Snapback Sanctions
oil-and-gas~offshore|oil-and-gas:Oil and Gas

Iran Refuses To Blink as Europe Eyes Snapback Sanctions

July 28, 2025

Jul 28, 2025 Talks between Iran and the European Troika (France, Germany, UK) over the weekend, initiated under U.S. guidance, aimed to gauge Iran’s willingness to revive the JCPOA before an October 18 EU deadline for reimposing snapback sanctions. Europe is increasingly aligned with Washington’s harder stance, citing Iran’s expanding military ties with Russia and […]Read More

China’s falling LNG imports are having ripple effects across global energy markets.
oil-and-gas~offshore|oil-and-gas:Oil and Gas

China’s falling LNG imports are having ripple effects across global

July 28, 2025

Jul 27, 2025 China’s LNG imports have declined for eight consecutive months, down 12% y/y in June 2025, due to increased domestic gas production. Trade tensions with the U.S. and a 125% tariff have halted American LNG imports, pushing China toward other suppliers like Qatar and Indonesia and threatening long-term U.S. LNG contracts. Falling Chinese […]Read More

Shell Greenlights Egyptian Gas Project to Bolster Domestic Supply
General News oil-and-gas~offshore|oil-and-gas:Oil and Gas

Shell Greenlights Egyptian Gas Project to Bolster Domestic Supply

July 26, 2025

July 25, 2025 Shell has taken a final investment decision (FID) on the development of the Mina West offshore gas field in Egypt’s Mediterranean waters, a move aimed at alleviating the country’s widening domestic supply gap and reinforcing its integrated gas strategy. The announcement, made jointly with Kuwait Foreign Petroleum Exploration Company (KUFPEC), comes as […]Read More

Dangote calls African leaders to follow U.S, Canada, EU to implement protective measures for domestic refiners
General News oil-and-gas~offshore|oil-and-gas:Oil and Gas

Dangote calls African leaders to follow U.S, Canada, EU to

July 26, 2025

…Dangote Refinery imports 9-10m barrels of crude monthly from US, others Dangote said Africa is increasingly becoming a destination for cheap, often toxic petroleum products, many of which are blended to substandard levels that would not be permitted in Europe or North America.  This concern was raised by the President/Chief Executive, Dangote Industries Limited, Aliko […]Read More

NMDPRA and S&P Global Partner to Launch Pilot Indices for Refined Product Prices in West Africa
energy|power oil-and-gas~offshore|oil-and-gas:Oil and Gas

NMDPRA and S&P Global Partner to Launch Pilot Indices for

July 23, 2025

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk A. Ahmed, has emphasized the need for an African reference market for refined petroleum products to promote price discovery, transparency, and market development. Speaking at a two-day strategic engagement organized by NMDPRA in partnership with S&P Global, Ahmed noted that […]Read More

Dangote calls for African refining hub to reduce dependence on imported petroleum products
General News oil-and-gas~offshore|oil-and-gas:Oil and Gas

Dangote calls for African refining hub to reduce dependence on imported

July 23, 2025

The Chief Executive Officer of Dangote Group and Refinery, Mohammed Aliko Dangote, has emphasized the need for Africa to develop a refining hub to harness its potential and reduce dependence on imported petroleum products.  Speaking at the landmark conference to explore the development of a West African Refined Fuel Market, organise by the Global Commodity […]Read More

EU Tightens Russian Oil Cap, But Loopholes Undermine Impact
oil-and-gas~offshore|oil-and-gas:Oil and Gas

EU Tightens Russian Oil Cap, But Loopholes Undermine Impact

July 22, 2025

Jul 22, 2025 EU launches its 18th sanctions package, lowering Russia’s oil price cap to around $47.60/barrel and targeting the energy sector more aggressively. Loopholes remain widespread, with Greek-owned tankers helping transport Russian oil, and non-OECD nations like China and India continuing to import above the cap. Without stronger enforcement, including naval oversight and EU […]Read More

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