India has been granted permission to unload sanctioned Russian oil at its ports until February 27. The US sanctions have disrupted India\’s access to cheap Russian oil, and Indian refiners are scrambling for alternative supplies. India will continue to buy Russian oil only if it meets certain conditions, including a price cap of $60 per […]
Continue ReadingEmmanuel Johnson sees Abuja’s partnership with the group as a way to boost economic growth and geopolitical influence Nigeria’s recent accession to BRICS as a partner state is a major step towards economic revival and reducing Western influence, Emmanuel Chukwuka Johnson, chairman of the Nigeria-Russia trade and investment advisory council, has told RT in […]
Continue ReadingSan Marino, Guyana, Sierra Leone, Comoro Islands, Guinea Bissau and most notably Guinea are the flag states that stand out for their extraordinary fleet growth in the latest data compiled in Clarksons Research’s World Fleet Monitor, statistics that highlight the whack-a-mole game authorities in the West are having to fight in their bid to crack […]
Continue ReadingIn an exclusive interview with Energy Capital & Power, Pedro Ribeiro, Managing Director and Country Chair – Libya for TotalEnergies, shared the company\’s strategic plans to enhance field performance, increase production at Waha and Sharara and advance exploration efforts in the Murzuq Basin. With TotalEnergies participating in approximately half of Libya’s national production, how do […]
Continue ReadingMore than seven in 10 Scots back drilling in the North Sea to reduce the country’s reliance on foreign imports, a survey has found. The poll, carried out by Survation on behalf of consultancy firm True North, found people in Scotland would rather their energy needs be met domestically than from abroad. The UK has become increasingly reliant on […]
Continue ReadingTwo months ago, Nigeria’s beleaguered energy sector witnessed a very significant event: the Dangote Oil Refinery began producing gasoline and selling it domestically to Nigeria\’s state oil firm, Nigerian National Petroleum Company (NNPC), marking the first time in decades Africa’s largest oil producer is refining its own crude. The state-of-the-art $20.5 billion refinery was launched in […]
Continue ReadingNew US sanctions have led to a significant reduction in Russian oil exports as traders halt offers. Indian refiners, including Bharat Petroleum, are struggling to secure Russian oil for March delivery. Standard Chartered predicts that the sanctions will remove more Russian barrels from the market and lead to higher oil prices. Middlemen who supply Russian […]
Continue ReadingAsian and European countries are increasing their imports of U.S. LNG and crude oil to avoid potential tariffs. Europe faces challenges due to the high price of U.S. energy compared to geographically closer alternatives. Trump\’s cancellation of the Biden \”pause\” on new LNG export capacity will boost U.S. energy supply. When President Donald Trump was […]
Continue ReadingCarnarvon Australian energy major Santos has put its plans for the A$3bn ($1.87bn) Dorado oil and gas project in Western Australia on hold. Santos, as the Dorado JV operator, has decided not to purchase the FPSO vessel that was identified as an option for the project’s first phase. The company also opted not to enter […]
Continue ReadingENB Pub Note: There is more to this story than meets the eye. Renaming the Gulf of America, it has brought up a legal question about the Oil and Gas drilling bans by the Biden-Harris administration. Those bans were for the Gulf of Mexico, not the Gulf of America. – This will be fun to […]
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