Shell Targets 10,000 Electric Vehicle Charging Points Across India

Shell Targets 10,000 Electric Vehicle Charging Points Across India

Shell plans to set up more than 10,000 electric vehicles (EV) charging points in India by 2030. Already, Shell has launched its first EV chargers in India, for the four-wheeler and two-wheeler segments in Bengaluru.  India is the first market for...
read more
Oil Dips On Weak Demand Fear, Strong Dollar

Oil Dips On Weak Demand Fear, Strong Dollar

Oil prices drifted lower on Thursday as weak demand concerns over a large build in the crude inventory in the United States plus a strong dollar overtook potential supply disruption as the centre of focus, Reuters reported.  The main Brent...
read more
Shell To Resume TNP Pipeline Test

Shell To Resume TNP Pipeline Test

Shell Petroleum Development Company of Nigeria Limited (SPDC) is planning to resume the testing of its main trunkline, the Trans Niger Pipeline (TNP).  A competent source, who pleaded anonymity, confirmed the development to the News Agency of Nigeria (NAN...
read more
Shell Secures $ 1 billion LNG Deal

Shell Secures $ 1 billion LNG Deal

Shell has sealed ten-year marine Liquefied Natural Gas (LNG) sales and purchase agreement with Israeli container shipping company,  ZIM  valued at more than $1 billion. According to World Maritime News, the LNG is intended for ten LNG-...
read more
Oil Slides More Than $7 On Inflation, Iraq Exports

Oil Slides More Than $7 On Inflation, Iraq Exports

Oil prices fell more than $7 a barrel on Tuesday, the steepest decline in about a month, on fears that an inflation-induced weakening of global economies would soften fuel demand and as unrest in Iraq has failed to put a dent...
read more
FG Inaugurates Gas Infrastructure Fund Council

FG Inaugurates Gas Infrastructure Fund Council

The Federal Government on Tuesday inaugurated the Governing Council of the Midstream and Downstream Gas Infrastructure Fund (MDGIF).  Chief Timipre Sylva, Minister of State, Petroleum Resources, inaugurated the nine-member council, in Abuja, to fix the cr...
read more
TotalEnergies, COSCO In Milestone Biofuel Bunkering Operation

TotalEnergies, COSCO In Milestone Biofuel Bunkering Operation

TotalEnergies Marine Fuels has completed the first refuelling of a COSCO Shipping Lines containership with sustainable marine biofuel. This is TotalEnergies’ first biofuel bunkering operation for a containership in Singapore. According to World Maritime News...
read more
Oil Prices Rise On Possible OPEC Supply Cuts

Oil Prices Rise On Possible OPEC Supply Cuts

Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a U.S. refinery. Brent crude rose 59 cents, or 0.6%, to $101.81...
read more
NLNG Receives Road Infrastructure Tax Credit Certificate For Bonny – Bodo Road From FIRS

NLNG Receives Road Infrastructure Tax Credit Certificate For Bonny – Bodo Road From FIRS

The Nigeria Liquefied Natural Gas Limited (NLNG), one of the companies undertaking the construction of roads under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme, has received its Tax Credit Certificate from the Federal Inla...
read more
Electricity Workers Suspend Strike  

Electricity Workers Suspend Strike  

The leadership of the National Union of Electricity Employees (NUEE) has suspended the ongoing strike by two weeks.  Mr Godfrey Abah, the Chairman, FCT chapter of the National Union of Electricity Employees (NUEE) said this in an interview with the...
read more
LNG: Germany Secures Supply Via Chartered FSRUs

LNG: Germany Secures Supply Via Chartered FSRUs

Germany has formally confirmed its intention to have liquefied natural gas (LNG) terminals in Brunsbüttel and Wilhelmshaven ready at the turn of the year 2022/2023.  According to World Maritime News, on 16 August, 2022, Robert Habeck, Vice-Chancello...
read more
Blackout In Lagos As Electricity Workers Begin Strike  

Blackout In Lagos As Electricity Workers Begin Strike  

There was blackout across Lagos State on Wednesday following the nationwide strike by electricity workers under the aegis of the National Union of Electricity Employees (NUEE).   Ikeja Electric Plc and Eko Electricity Distribution Company (EKEDC) confirme...
read more
Oil Prices Tumble As China Economy Stutters 

Oil Prices Tumble As China Economy Stutters 

Oil prices slumped nearly five percent Monday on data showing China’s economic recovery stuttering under Covid-19 restrictions and a slumping property sector. Stock markets mostly steadied and the dollar traded mixed as investors welcome signs of cooling US ...
read more
Saudi Oil Giant Tops Own Record With $48.4b Profit 

Saudi Oil Giant Tops Own Record With $48.4b Profit 

Saudi oil giant Aramco has broken its own record with a $48.4bn (£39.8bn) profit for the second quarter of 2022.  It is a 90% year-on-year increase and marks the biggest earnings for the world’s largest energy exporter since its public...
read more
1 2 3 58