After several failed commencement dates, the Dangote Petroleum Refinery says it will kick-start producing Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel in January 2024.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that Nigeria is currently championing the decarbonisation of its upstream operations, as a critical tool to sustain investments for energy security and economic development for the benefit of Nigerians in line with national aspirations and consistent with the sustainable development goals of the United nations.
Pakistan’s Oil & Gas Development Company (OGDC) has come up trumps with its Dars West 2 well located in Sindh province onshore Pakistan.
Dangote Petroleum Refinery and Petrochemicals plant has purchased one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO) trading over eight million barrels of crude oil per day.
The African Group of Negotiators on Climate Change (AGN), has assured the African civil society of its commitment to protecting Africa’s interests in the newly operationalized Loss and Damage Fund.
Rating agency, Fitch, has revised its crude oil forecast for 2024 to $80.0 per barrel from the previous $75.
The recent slump in oil prices pushed Russia’s flagship Urals below the $60 price cap imposed on international shipments by the G7 last year. Perhaps this is a reason to celebrate in the G7. Or perhaps it is a good time to take a moment and consider where Urals fell from to reach the cap level.
Tullow Oil plc (the “Company” or “Tullow”) announces the results of its offer to purchase a portion of its outstanding 10.25% Senior Secured Notes due 2026 bearing ISIN: USG91237AB60 and CUSIP: G91237AB6 (the “Reg S Notes”) for cash (the “Offer”), which was announced on November 15, 2023, on the terms and subject to the conditions set out in the Offer to Purchase dated November 15, 2023 (the “Offer to Purchase”) prepared in accordance with the Offer. Capitalized terms used and not otherwise defined in this announcement have the meanings ascribed to them in the Offer to Purchase.
New Jersey, United States,- The latest report published by MR Accuracy Reports indicates that the Oil Gas Risk Management Market is likely to accelerate strongly in the coming years. Analysts have studied market drivers, restraints, risks, and opportunities in the global market. The Oil Gas Risk Management Market report shows the likely direction of the market in the coming years along with its estimates. An accurate study aims to understand the market price. By analyzing the competitive landscape, the authors of the report have made excellent efforts to help readers understand the key business tactics that major companies are using to maintain market sustainability.
Australia’s Woodside Energy WDS.AX and Santos STO.AX said on Thursday they were in preliminary talks to create an A$80 billion ($52 billion) global oil and gas giant, as consolidation among international energy firms intensifies.