Oil and Gas
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Nord Stream gas leak has stopped, says spokesman
The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an equilibrium has been reached between…
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Oil price drops to $86/barrel
The worldwide price of Brent, the global benchmark for crude, Sunday dropped to $86 per barrel even as all oil…
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UAE to supply Germany with gas, diesel
The United Arab Emirates agreed Sunday an “energy security” deal with Germany to supply liquefied natural gas and diesel as…
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TotalEnergies boosts Qatar’s gas expansion with $1.5bn
France’s TotalEnergies on Saturday signed a further $1.5 billion investment in Qatar’s natural gas production expansion, which comes as Europe…
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EFCC, ICPC should probe oil theft not lawmakers – Falana
Human rights activist and Senior Advocate of Nigeria, Femi Falana said it is not the business of the National Assembly…
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600,000 barrels of crude oil stolen daily – NUPRC
The Executive Commissioner, Corporate Services and Administration in Nigerian Upstream Petroleum Regulatory Commission, Mr Jide Adeola, said about 600,000 barrels…
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Oil theft: PENGASSAN finger military, others
The Nigerian Army and other security outfits have been accused in the oil theft skirmish by the Petroleum and Natural…
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FG loses N32bn to oil terminals shutdown daily
A recent report has revealed that Nigeria loses as much as N32 billion daily as a result of the shutdown…
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Nigeria, Morocco commence 5,600km gas pipeline project
Nigeria and Morocco have formally commenced the construction of the long-awaited 5,600km Nigeria-Morocco Gas Pipeline project. A Memorandum of Understanding…
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Shell CEO Ben van Beurden to resign 2023
Shell announced that CEO Ben van Beurden will step down at the end of the year after nearly a decade…
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