• January 11, 2026
  1. Home
  2. Oil and Gas
Massive U.S. Tariffs Drive Closer India-Brazil Alliance

Massive U.S. Tariffs Drive Closer India-Brazil Alliance

October 23, 2025

October 22, 2025 India and Brazil, both hit with steep 50% U.S. tariffs under the Trump administration, are strengthening strategic, trade, and energy ties to counterbalance the economic impact. The two BRICS nations signed new agreements in agriculture, renewable energy, infrastructure, and innovation. Brazil is exploring crude oil export opportunities to India. Two of the […]Read More

Petrobras Could Begin Amazon Basin Oil Production Within Seven Years, CEO Says

Petrobras Could Begin Amazon Basin Oil Production Within Seven Years,

October 22, 2025

October 22, 2025 Brazil’s state-run oil company Petrobras could begin producing oil and gas in the Foz do Amazonas basin within seven to eight years if major reserves are confirmed, Chief Executive Magda Chambriard told Reuters on Tuesday. The basin, located off the coast of the Amazonian state of Amapá, is considered the company’s most promising new […]Read More

BP Strikes Gas Condensate in Namibia’s Orange Basin

BP Strikes Gas Condensate in Namibia’s Orange Basin

October 22, 2025

October 22, 2025 BP has confirmed the preliminary results of the Volans-1X exploration well in Namibia’s Orange Basin, marking another hydrocarbon success in one of the world’s most closely watched frontier regions. The well, located in Petroleum Exploration License 85 (PEL85), was drilled by operator Rhino Resources using the Deepsea Mira semi-submersible rig to a […]Read More

China’s Oil Reserves Grow Despite Lukewarm Demand

China’s Oil Reserves Grow Despite Lukewarm Demand

October 22, 2025

October 22, 2025 China’s total oil product demand jumped by 416,000 barrels per day (bpd) in August from July, the latest data by the Joint Organizations Data Initiative (JODI) showed on Wednesday.   The data compiled from reports submitted by the individual countries also showed that the increase in China’s crude oil imports was higher than the rise […]Read More

House of Reps to intervene in PENGASSAN, Dangote refinery dispute

House of Reps to intervene in PENGASSAN, Dangote refinery dispute

October 21, 2025

21st October 2025 The House of Representatives on Tuesday resolved to intervene in the recent face-off between members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Dangote Refinery, which had disrupted petroleum product distribution nationwide. The resolution of the House followed the consideration and adoption of a motion of […]Read More

Trump Threatens India With “Massive Tariffs” for Russian Oil Buying

Trump Threatens India With “Massive Tariffs” for Russian Oil Buying

October 20, 2025

October 20, 2025 President Donald Trump has reiterated his threat to make India pay “massive” tariffs unless it stops buying Russian oil, repeating that India’s Prime Minister had assured him those purchases would stop. “I spoke with Prime Minister Modi of India, and he said he’s not going to be doing the Russian oil thing,” […]Read More

Supply and Demand Fears Continue to Drag Oil Prices Lower

Supply and Demand Fears Continue to Drag Oil Prices Lower

October 20, 2025

October 19, 2025 Oil prices slipped in early Asian trade on Monday, as a combination of burgeoning supply concerns and escalating U.S.–China trade tensions weighed on sentiment. At the time of writing, Brent crude futures had dropped 0.29% to $61.11 while WTI was down 0.35% at $57.34. The continued drop comes on the heels of a third consecutive weekly decline […]Read More

Russia-China LNG Trade Unfazed by Sanctions on Chinese Terminal

Russia-China LNG Trade Unfazed by Sanctions on Chinese Terminal

October 18, 2025

October 17, 2025 Despite this week’s UK sanctions on the only Chinese terminal importing LNG from Russia’s Arctic LNG 2 project, a new cargo arrived in China from the Russian plant that is under sanctions from the United States and other Western countries.  The Arctic Mulan tanker carrying fuel from Arctic LNG 2 arrived at […]Read More

Indian Refiners Prepare to Reduce Russian Oil Imports

Indian Refiners Prepare to Reduce Russian Oil Imports

October 16, 2025

October 16, 2025 Some refiners in India are preparing to reduce their purchases of Russian crude, Reuters has reported, citing unnamed sources in the know. The sources said the reduction would be gradual. The report follows an announcement by President Trump that India had agreed to reduce its imports of Russian energy after months of stating it […]Read More

Africa’s Largest Refinery Faces Setbacks in Gasoline Production

Africa’s Largest Refinery Faces Setbacks in Gasoline Production

October 16, 2025

October 16, 2025 Gasoline markets in Africa and nearby regions are tightening as the biggest refinery in Africa, the Dangote plant in Nigeria, has slashed crude oil purchases in recent weeks amid operational challenges.    The refinery is set to buy fewer than 300,000 barrels per day (bpd) of crude oil in October, Bloomberg reported on Thursday, […]Read More

Copyright © 2022, Energy Planets. All rights reserved

Join Whatsapp group
Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!