August 12, 2025 A week ago, U.S. President Donald Trump came down hard on India, doubling its tariff rate from 25% to 50% for fueling Putin’s war in Ukraine by continuing to buy massive quantities of Russian oil. We reported that India’s imports of Russian commodities have skyrocketed since the war began, surging to $65.7 billion in […]Read More
August 12, 2025 The OPEC+ producers raised their combined crude oil production by 335,000 barrels per day (bpd) in July, below the 411,000 bpd output hike eight of the 22 producers have pledged for last month. OPEC-only production from the 12-member cartel increased by 263,000 bpd—and most of the rise came from two major producers, […]Read More
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) on August 5 hosted young professionals from Nigeria and other African countries at its offices in Lagos, as it continues to support the growth of future leaders in the energy industry on the continent. The 25 engineers and geologists from Nigeria, Cameroun, Chad, Ghana, Tanzania, Kenya, Angola […]Read More
The Society of Petroleum Engineers (SPE) Nigeria Council has ignited a united call for bold action toward a cleaner, more secure energy future, as it wrapped up the 2025 Nigeria Annual International Conference & Exhibition (NAICE). Over 2,000 delegates, 100+ exhibitors, and top industry minds from around the world converged at Lagos Eko Hotels Convention […]Read More
Port Harcourt Refinery: The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), has observed with great concern the pace at which the rehabilitation of the refinery by the Nigerian National Petroleum Company Limited (NNPCL) is ongoing may not meet the deadline as stipulated. In a statement, High Chief Sunny Nkpe, Zonal Chairman of PETROAN, […]Read More
August 12, 2025 China’s refiners are expected to import lower volumes of Saudi crude in September in a sign that Asia is in the midst of a major oil trade re-routing, with more Russian crude set to find Chinese buyers after India’s pullback. Saudi Arabia will ship lower volumes of its crude to China next month, down […]Read More
August 11, 2025 Guyana’s oil producing capacity has just jumped to 900,000 barrels per day (bpd) after ExxonMobil launched production from Yellowtail, the fourth oil development in Guyana’s prolific offshore Stabroek block.Exxon and partners have found more than 11 billion oil equivalent barrels in the Stabroek block, where production was already above 660,000 bpd before the start […]Read More
August 11, 2025, Saudi Arabia will ship lower volumes of its crude to China next month, down from a two-year-high this month, after the Kingdom raised its September prices to Asia for a second consecutive month, Reuters reported on Monday, quoting trade sources at Chinese refiners. S Arabia world’s biggest crude oil exporter, is expected to deliver […]Read More
7 August, 2025 Shell staff won the highly regarded 1st Place Technical Paper Award at the annual international and exhibition conference of the Society of Petroleum Engineers (SPE) in Lagos. Well engineers Augustine Okosun, Osehojie Ojeh-Oziegbe, Oluwatobilola Aribike and Oladokun Adubi were commended “for an outstanding display of in-depth technical knowledge and quality delivery” in […]Read More
August 08, 2025 Petrobras of Brazil reported a profit for the second quarter of the year, booking a net positive result of some $1.6 billion after posting a loss of $480 million for the first quarter of the year. The positive result came despite weaker average oil prices, the company noted. The company reported an average production […]Read More
Copyright © 2022, Energy Planets. All rights reserved
Join our mailing list to receive the latest news and updates from our team.