Energy News, Crude Oil, Natural Gas, Futures Exchange, Maritime Reports

Latest news and market reports from enegery industry. Market updates on crude oil, gas, electricity and bunker fuel.

Equinor Completed Sale of Upstream Operations in Azerbaijan and Nigeria

By 2030, Equinor wants to increase its foreign upstream cash flow by as much as 50%.

Seplat Energy Set to Finalize Deal to Acquire ExxonMobil Assets

The Financial Conduct Authority (FCA) in the United Kingdom later gave it its approval.

California Law, Refinery Exit Reflect Ongoing Fuel Market Challenges, EIA Says

The state is geographically isolated from the Gulf Coast and Midwest refining centers, and must produce all its own motor fuels or import them from Asia.

ADNOC and Petronas Finalize 15-year LNG Supply Agreement from Ruwais

The acquisition is expected to be completed by the second half of 2028, solidifying ADNOC’s position as a leader in LNG production and export.

Oil Rises over 1% on Ouster of Syria's Assad, Chinese Monetary Policy

In early signs of disruptions in the oil market, a tanker carrying Iranian oil to Syria turned around in the Red Sea, ship-tracking data showed.

CNX Reached Agreement to Acquire Apex Energy’s Appalachian Basin Natural Gas Operations

The acquisition will provide CNX with a rare opportunity to expand its operations with highly complementary assets in the Appalachian Basin.

Oando Energy Resources Boosted Crude Oil Production by 50%

Dr. Ainojie Irune expressed his gratitude for NNPCL’s support.

6 Division Troops Confiscate Stolen Products In Niger Delta Region

In Delta State, four suspected oil thieves were arrested at Koko in Warri LGA.

Hungary Requests US Sanctions Exemption for Russian Natural Gas Payments

The new U.S. sanctions are intended to close one of Russia's few remaining avenues for international banking, barring Gazprombank from conducting transactions in dollars.