IEA to speed up oil stocks release including over 20 million barrels of diesel
Photo caption: A drone view shows the fuel depot of Aral at the Ruhr Oel petroleum refineries of BP Gelsenkirchen in Gelsenkirchen, Germany, May 7,
Category : Energy
TotalEnergies reaffirms commitment to Nigeria’s energy growth
Photo caption: Senan Murray TotalEnergies EP Nigeria Limited has reaffirmed its long-term commitment to Nigeria, highlighting 70 years as a downstream operator and 67
Renaissance unlocks $4.1bn, ₦435bn vendor fund with 13 banks to drive 500,000 bpd production ambition
Renaissance Africa Energy Company Limited has partnered with 13 banks to provide a subscribed financing portfolio of $4.1 billion and ₦435 billion to indigenous oil
WAPP mulls second phase of regional electricity market
Photo caption: WAPP logo The West African Power Pool says the second phase of the regional electricity market is expected to be launched early
Middle East oil output dips by 2 billion barrels due to war – Report
Photo caption: Oil The ongoing war in the Middle East has caused cumulative crude oil and condensate production outages exceeding 2 billion barrels, with
Electricity tariffs reflect 40% losses, inefficiencies — Presidential aide
Photo caption: Former Minister of Power and Special Adviser to the President on Power, Lanre Babalola The former Minister of Power and Special Adviser
IMF warns Nigeria against subsidy return
Photo caption: IMF logo The International Monetary Fund has warned Nigeria against reinstating blanket petrol subsidies amid mounting political pressure ahead of the elections,
US crude oil inventories see massive drop off
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by a massive 11.12 million barrels in the week ending
US considers easing sanctions on shadow fleet vessels to cut freight rates, official says
Photo caption: A shadow fleet vessel *Companies would have to apply to Treasury to use sanctioned vessels, US official says *Talks focus on allowing
