November 20, 2025 Oil and gas supermajor ExxonMobil will buy a 40% stake in the new Bahia natural gas liquids (NGL) pipeline from Enterprise Products Partners as producers and pipeline operators expand gas takeaway capacity in the Permian basin. Enterprise Products Partners on Thursday said it had entered into an agreement with ExxonMobil, which will acquire a […]Read More
November 14, 2025 India’s state-run refiners have locked in their first-ever long-term deal to import U.S. liquefied petroleum gas (LPG), awarding tenders to Chevron, Phillips 66, and TotalEnergies Trading for delivery beginning in 2026—a move that marks a geopolitical and commercial break from the Middle East and a step toward appeasing Washington. The deal covers […]Read More
President Bola Tinubu, on Monday in Abuja, assured the technical contractor handling the Presidential Power Initiative (PPI), Siemens Energy, of the government’s full commitment to improving the country’s electricity supply and enhancing livelihoods. At a meeting at the State House with a delegation from Siemens Energy, led by Dietmar Siersdorfer, Managing Director of Middle East […]Read More
Alhaji Ahmadu Kida, Chairman, Board of Directors, Nigerian National Petroleum Company Limited (NNPC Ltd.), has outlined a new vision for the company anchored on collaboration, accountability and strong governance. Kida made this known at a leadership panel session at the ongoing Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025) in Abu Dhabi, United Arab […]Read More
November 07, 2025 Japan will start buying liquefied natural gas for an emergency reserve from January next year, Reuters has reported, citing two unnamed sources from the country’s trade and industry ministry. The purchases aim to boost Japan’s Strategic Buffer LNG program at a monthly rate of at least 70,000 tons, the sources told Reuters, for […]Read More
November 06, 2025, Nigeria has lost $300 billion to oil theft, auditors appointed by the Nigerian parliament said this week. The oil was sold illegally both at home and abroad, the Senate committee tasked with investigating oil theft losses said, as cited by Nigerian media. “The ad hoc committee should be given the mandate to […]Read More
November 03, 2025 bp has agreed to sell non-controlling stakes in its Permian and Eagle Ford midstream assets to private investment firm Sixth Street for $1.5 billion, advancing its capital optimization strategy while maintaining operational control. The deal covers bp’s bpx energy midstream infrastructure, including pipelines and four major Permian processing facilities, with Sixth Street acquiring 49% […]Read More
November 03, 2025 The advance in AI and the surge in data center build-out have pushed global energy investment needs to $4 trillion annually, Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC chief executive, said on Monday. Large oil producers have been warning for years that investment in supply needs to rise to […]Read More
Dr Riverson Oppong, Chief Executive Officer of the Chamber of Oil Marketing Companies (Ghana) and Africa Regional Director, says Africa is set to become the next major growth frontier for the downstream oil and gas industry. He said that the market was projected to grow from 80.5 billion dollars in 2024 to 120.8 billion dollars […]Read More
October 28, 2025 OPEC+ will meet this weekend to decide December output levels, with sources suggesting a modest 137,000 bpd increase. New U.S. sanctions on Rosneft and Lukoil have injected fresh uncertainty into global oil markets and could disrupt Russian supply. Analysts expect OPEC+ to proceed cautiously, continuing small production hikes while monitoring for potential […]Read More
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