oil-and-gas~offshore|oil-and-gas:Oil and Gas Archives - Page 5 of 8

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

energy|oil-and-gas:Oil and Gas|power oil-and-gas~offshore|oil-and-gas:Oil and Gas

BP Appoints New Chairman as Investors Push for Strategic Clarity

July 22, 2025

Jul 21, 2025 BP has appointed Albert Manifold as its new chairman, selecting the former CRH chief executive to lead the board at a time of heightened investor pressure and strategic uncertainty. Manifold will join BP as chair-elect on September 1 and take over from Helge Lund on October 1, the company said in a press […]Read More

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

Global Natural Gas Production Dropped in May

July 22, 2025

Jul 21, 2025 The Global natural gas production fell in May compared to April, driven by lower output in Russia, the United States, and Norway, according to the latest data by the Joint Organizations Data Initiative (JODI). The Monthly Oil & Gas Data Review of the latest JODI oil and gas databases updates showed on Monday that […]Read More

energy|oil-and-gas:Oil and Gas|power oil-and-gas~offshore|oil-and-gas:Oil and Gas

Oil falls as trade war concerns increase worries about fuel

July 22, 2025

July 22, 20254 Oil prices declined on Tuesday as concerns the brewing trade war between major crude consumers the U.S. and the European Union will curb fuel demand growth by lowering economic activity weighed on investor sentiment. Brent crude oil futures fell 52 cents, or 0.75%, to $68.69 a barrel by 0325 GMT. U.S. West […]Read More

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

New EU Sanctions Package Sparks Oil Price Debate

July 21, 2025

Jul 21, 2025 Crude oil prices experienced a modest gain following the European Union’s (EU) approval of its 18th sanctions package against Russia, specifically targeting its energy industry with a lower price cap and sanctions on energy companies. Analysts from ING suggest that the latest sanctions package is unlikely to significantly impact oil trader sentiment […]Read More

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

Oil Prices Remain Flat as Markets Digest EU Sanctions on

July 21, 2025

Jul 20, 2025 Oil prices were little changed in early Asian trading on Monday following a week of losses, as traders digested the impact of fresh European sanctions on Russian oil exports and closely monitored progress in U.S. trade policy developments ahead of looming tariff deadlines. By midday in Beijing, Brent crude futures were slightly up at […]Read More

General News oil-and-gas~offshore|oil-and-gas:Oil and Gas

European Union Lowers Russian Oil Cap to $47.60

July 19, 2025

July 18, 2025 The European Union has approved a new sanctions package on Russia and Belarus, including a significant reduction in the Russian oil price cap to $47.6 per barrel, independently of the G7 nations. The new oil cap, which is 15 percent lower than the average market price of Russian crude, includes a promise […]Read More

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

Chevron Prioritizes Cash Flow Over Growth in Permian

July 17, 2025

Jul 17, 2025 Chevron has effectively reached its long-term production goal of 1 million barrels of oil equivalent per day (boe/d) in the Permian Basin—and from here, it’s shifting gears. According to Bruce Niemeyer, president of Chevron’s shale business, the company now plans to hold production steady through 2040 while cutting rigs and frack crews—locking […]Read More

General News oil-and-gas~offshore|oil-and-gas:Oil and Gas

NNPCL Unveils $3.5bn Gas Investment in Akwa Ibom

July 17, 2025

Nigeria’s ambitious gas industrialization drive has recorded a major milestone, as the Nigerian National Petroleum Company Limited, NNPCL, has announced a $3.5bn investment to develop key gas infrastructure projects in Akwa Ibom State. The announcement was made at the South-South Gas Utilisation Forum, where the Akwa Ibom State Government also signed a landmark Memorandum of […]Read More

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

Oil Falls as Trump Gives Russia 50 Days To Avoid

July 17, 2025

Oil prices settled down on Monday by more than $1, as investors weighed new threats from U.S. President Donald Trump for sanctions on buyers of Russian oil that may affect global supplies, while still worried about Trump’s tariffs. Brent crude futures settled $1.15, or 1.63%, lower to $69.21 a barrel. U.S. West Texas Intermediate crude […]Read More

General News oil-and-gas~offshore|oil-and-gas:Oil and Gas

DAPPMAN Commends NMDPRA for Strategic Oversight in Nigeria’s Downstream Sector

July 13, 2025

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has attributed the stability, innovation, energy access and continuing growth in the sector to strategic regulatory oversight by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). DAPPMAN said the “firm, fair and functional” leadership of the NMDPRA’s has facilitated improved operational efficiency, product availability, […]Read More

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

BP Appoints New Chairman as Investors Push for Strategic Clarity

Global Natural Gas Production Dropped in May

Oil falls as trade war concerns increase worries about fuel

New EU Sanctions Package Sparks Oil Price Debate

Oil Prices Remain Flat as Markets Digest EU Sanctions on

European Union Lowers Russian Oil Cap to $47.60

Chevron Prioritizes Cash Flow Over Growth in Permian

NNPCL Unveils $3.5bn Gas Investment in Akwa Ibom

Oil Falls as Trump Gives Russia 50 Days To Avoid

DAPPMAN Commends NMDPRA for Strategic Oversight in Nigeria’s Downstream Sector

Breaking: EFCC, Immigration Repatriate Foreign Cybercriminals: 42 Deported,...

Renewable Energy Faces a Looming Workforce Crisis

India Launches Deepwater Oil and Gas Exploration Mission

Rescued Nigerian Workers Laments Over Sexual Abuses From...

Breaking: EFCC, Immigration Repatriate Foreign Cybercriminals: 42 Deported,...

Renewable Energy Faces a Looming Workforce Crisis

India Launches Deepwater Oil and Gas Exploration Mission

Rescued Nigerian Workers Laments Over Sexual Abuses From...

Nigeria: National Grid Collapses again

Nigeria: Oil Market – High Crude Prices Shoot...

Minister of State Petroleum Resources joins race for...

Seplat CEO, Roger Brown Steps Aside After Court...

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