TotalEnergies has completed its merger with Neo Next in a move that sees the French supermajor end its time as a UK operator.
Bangladesh has formally requested a temporary sanctions waiver from the United States to import roughly 600,000 metric tonnes of Russian diesel to cover two months of demand as its energy crisis intensifies, Reuters reported on Monday, with officials pointing to Washington’s recent 30-day waiver granted to India as precedent.
The Dangote Petroleum Refinery has said it will make enough fuel available to Nigerians, as it urged the government to provide adequate crude oil to the Lekki-based plant.
The Group of Seven (G-7) said it is prepared to take further measures to stabilize global energy markets, as volatility driven by the Iran conflict continues to ripple through oil and gas supply chains.
Phoenix Global Resources, the Mercuria-backed crude producer, is preparing a $6-billion expansion in Argentina’s Vaca Muerta shale, as new government incentives aim to accelerate upstream investment and production growth.
Despite the fact that Nigeria is now home to the biggest oil refinery in Africa, Nigeria’s gasoline prices have soared to a record high amid the war in the Middle East.
Asharami Ghana, a subsidiary of energy conglomerate, Sahara Group, has entrenched the country’s long-term supply capacity and storage capacity of liquefied petroleum gas with investments in onshore storage infrastructure and a dedicated shipping vessel, amid surging demand for clean cooking fuel.
Etu Energias has signed an agreement with Azule Energy to acquire additional interests in blocks 14 and 14K offshore Angola, Etu Energias announced on Friday.
Japan is considering ramping up coal-fired power generation amid a liquefied natural gas crunch that has led to significantly higher prices.
Aker BP’s 2025 Annual Report confirms what the market has been sensing for months: this was not a peak year—it was a transition year.
Production held firm, costs remained low, and shareholder payouts continued. But weaker realized oil prices and impairments drove a sharp drop in earnings, even as the company doubled down on a capital-intensive growth pipeline aimed at the late 2020s.