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  • Published on May 23, 2025

    Nigeria’s oil & gas renaissance: Indigenous leadership and strategic investments chart a promising future

    Nigeria’s oil and gas sector is undergoing a transformative shift, championed by long-awaited and well-calculated government energy reforms. These reforms have increased Indigenous participation, substantial investments, and infrastructural advancements. …

    Source: Business Day - Neutral
  • Published on May 23, 2025

    Bye-bye buybacks? Big Oil's record-breaking shareholder payouts are under threat

    Oil prices held near two-week highs in early trading on Wednesday, supported by an agreement between the U.S. and China to temporarily lower their reciprocal tariffs and a falling U.S. dollar. Imaginima | E+ | Getty Images A protracted slump in crude …

    Source: CNBC - Neutral
  • Published on May 22, 2025

    Yinson Wins $2.5 bln Ghana Oil & Gas Contract

    Yinson Holdings Bhd , Malaysia's oil and gas services firm, said on Wednesday it secured a $2.54 billion floating production, storage and offloading (FPSO) vessel charter contract for oil and gas support operations in Ghana. Yinson said it won the …

    Source: World Energy News - Connecticut - Pending
  • Published on May 23, 2025

    BOT for 800 MW gas electrical plant

    The Ministry of Energy and Water (MoEW) has launched a comprehensive roadmap to tackle the deepening electricity and water crises, committing to long-delayed reforms, expanding power production, and pursuing regional partnerships to secure fuel and gas …

    Source: Lebanon Business News - Pending
  • Published on May 23, 2025

    Gas industry executives call for balanced energy transition

    Panellists at the World Gas Conference 2025 in Beijing stress continued importance of gas in meeting energy demand and warned against rapid transition expectations Shell, ExxonMobil, Eni and ConocoPhillips executives discuss energy transition at WGC 2025 …

    Source: Upstream - Neutral
  • Published on May 23, 2025

    Egypt: EGPC, Ieoc Exploration’s daily production of petroleum liquids surpasses 110,000 barrels

    Arab Finance: The Egyptian General Petroleum Corporation (EGPC) and Ieoc Exploration BV, an Eni affiliated company, announced a total daily production exceeding 110,000 barrels of petroleum liquids through their joint ventures, Belayim Petroleum Company ( …

    Source: Zawya - Indeterminate
  • Published on May 21, 2025

    Assessing Nigeria’s Shifting Oil, Gas Landscape

    On May 29, President Bola Tinubu will mark the halfway point into his tenure. Midway into his first term, Nigeria’s oil and gas sector, a long-standing cornerstone of the nation’s economy, stands at a critical juncture.  Since assuming office, the Tinubu …

    Source: This Day - Pro-Government
  • Published on May 23, 2025

    Chevron Is My Diamond In The Energy Coal Mine

    (MENAFN- The Arabian Post) Matein Khalid While I never ​ever found diamonds in any coal mine, the truth is​ I never looked since I never really believed that De Beers/James Bond propaganda that diamonds are forever. In fact, my ​i​ndustry sixth sense​ …

    Source: MENAFN - Indeterminate
  • Published on May 22, 2025

    $60 Oil Puts Big Oil’s Record Payouts at Risk

    Western energy supermajors are faced with an increasingly difficult challenge: either keep their promise of returning ever-higher shareholder returns or risk spurning investors to save their balance sheets. Record cash has been allocated to shareholders, …

    Source: Oil Price - Neutral
  • Published on May 22, 2025

    Rubio: U.S. Oil License for Venezuela Expires on May 27

    Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy - May 22, 2025, 10:00 AM CDT U.S. Secretary of State Marco Rubio confirmed that the current oil license for Chevron in Venezuela will not be extended past May 27. Despite …

    Source: Oil Price - Neutral
  • Published on May 21, 2025

    US secretly negotiating deal to let Venezuela sell more oil if it takes more deportees

    The Trump administration is quietly negotiating a high-stakes deal with the Nicolás Maduro regime to allow Chevron to continue exporting Venezuelan oil to the U.S. in exchange for Caracas accepting the return of thousands of Venezuelan migrants likely to …

    Source: The Gazette - Colorado - Center-right
  • Published on May 22, 2025

    Plans for Israeli Gas Exports to Egypt on Track

    Plans to start exporting gas from Israel to Egypt are on track but further steps are still needed before exports can commence, Egyptian petroleum minister Tarek El Molla said on Monday. "Everything is agreed on ... countries (involved) have already …

    Source: World Energy News - Connecticut - Pending
  • Published on May 22, 2025

    Var Energi Buys Exxon's Norway Assets for $4.5 Bln

    ExxonMobil said on Thursday it will sell its Norwegian upstream oil and gas assets to independent exploration and production company Vår Energi for $4.5 billion as part of an ongoing large-scale global divestment plan. The deal, which is expected to close …

    Source: World Energy News - Connecticut - Pending
  • Published on May 22, 2025

    Exxon Discussing Norway Asses Sale with Var Energi

    Oil major ExxonMobil said on Friday it had signed an exclusivity agreement with Var Energi for negotiations regarding a possible sale of Exxon's Norwegian upstream assets. An acquisition of Exxon's production assets in Norway would cement Var …

    Source: World Energy News - Connecticut - Pending
  • Published on May 22, 2025

    Eni Starts Production at Obiafu 41

    Italian oil major Eni said it has started gas and condensate production from the Obiafu 41 discovery, Niger Delta, three weeks after well completion. The discovery contains approximately 28 billion cubic meters of gas and 60 million barrels of condensate, …

    Source: World Energy News - Connecticut - Pending
  • Published on May 21, 2025

    ANALYSIS: Problems, prospects, solutions of oil block development in Nigeria

    Nigeria’s oil sector, with its vast reserves, has been a major contributor to both the country’s economy and global oil markets. However, the development of oil blocks in Nigeria has faced numerous hurdles over the years, especially concerning the pace at …

    Source: Premium Times - Neutral
  • Published on May 22, 2025

    Enercom Announces Premier Networking Events At The 30Th Annual Enercom Denver - The Energy Investment Conference, ...

    (MENAFN- PR Newswire) Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference , …

    Source: MENAFN - Indeterminate
  • Published on May 21, 2025

    Centrica Divests North Sea Gas Field Stake

    Centrica has announced plans to sell off a big chunk of its holding in the Cygnus gas field in the southern North Sea. The deal will see Spirit Energy – a subsidiary of Centrica – offload its 46.25 per cent stake in the site for around £215m to Ithaca …

    Source: Oil Price - Neutral
  • Published on May 21, 2025

    Graphitic Energy and Technip Energies Form Collaboration to Scale Clean Hydrogen Technology

    SAN ANTONIO, May 21, 2025 (GLOBE NEWSWIRE) -- Graphitic Energy (“Graphitic”), formerly known as C-Zero, has entered into a strategic collaboration with the Claremont office of Technip Energies USA to jointly develop and deploy Graphitic’s innovative …

    Distribution channels: Companies ...

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  • Published on May 24, 2025 - 20:07 GMT

    Trump Rules Out New Tariff Deal with EU

    (MENAFN) On Friday, U.S. Leader Donald Trump made it clear that he is not pursuing a new tariff arrangement with the European Union. Speaking at the White House, he stated, "I'm not looking for a deal. I mean, we've set the deal. It's 50% …

    Distribution channels: ...
  • Published on May 24, 2025 - 20:08 GMT

    EU Stresses Commitment to Constructive Tariff Talks

    (MENAFN) European Commission Vice President and chief trade negotiator Maros Sefcovic reaffirmed the European Union's dedication to balanced talks with the United States on Friday evening. His statement followed Leader Donald Trump's announcement …

    Distribution channels: ...
  • Published on May 24, 2025 - 11:03 GMT

    Trump issues threat to impose 50 percent tariff on EU

    (MENAFN) U.S. President Donald Trump has called for a 50% tariff on all goods imported from the European Union, citing what he described as an unfair trade imbalance. According to Trump, the U.S. runs an annual trade deficit of roughly $240 billion with …

    Distribution channels: ...
  • Published on May 24, 2025 - 12:04 GMT

    EU agree to reinstate imports quotas from Ukraine

    (MENAFN) EU member states have agreed to reinstate import quotas on Ukrainian agricultural goods, according to European Commission spokesperson Balazs Ujvari, as reported by Euroactiv. The current duty-free trade arrangement is set to end on June 5. …

    Distribution channels: ...
  • Published on May 24, 2025 - 10:04 GMT

    Trump Maintains Stance on 50 Percent Terms with EU

    (MENAFN) President Donald Trump declared on Friday that he is not seeking a tariff agreement with the European Union, asserting that the terms have already been established. Speaking to reporters at the White House, Trump emphasized his consistent stance …

    Distribution channels: ...
  • Published on May 24, 2025 - 10:04 GMT

    Ukraine demands secure percentage of EU’s GDP

    (MENAFN) Ukraine has asked European Union member states to contribute a fixed percentage of their GDP to support the Ukrainian military, aiming to formalize long-term defense financing amid uncertain international aid. Ukrainian Finance Minister Sergey …

    Distribution channels: ...
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