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HomeNigeria

Nigeria

Energy News Beat - Nigeria Drilling offshore created by Grok on X
Crude Oil News

Shell and TotalEnergies Boosting Oil and Gas Output in Nigeria: A Global Trend with Financial Implications

July 8, 2025 Clark Savage

The global energy landscape is witnessing a resurgence in oil and gas production, with major players like Shell and TotalEnergies leading the charge in Nigeria, Africa’s top oil producer. According to a recent report from […]

OPEC + is increasing output - Energy New Beat
Crude Oil News

Oil Markets Don’t Panic on the OPEC+ Production Push: Are They Maxed Out, and What Does It Mean for Global Oil Markets?

July 8, 2025 Clark Savage

OPEC+ has been making waves with ambitious production quota hikes, signaling a bold shift toward reclaiming market share. However, recent data reveals a recurring theme: the group’s actual output consistently falls short of these lofty […]

OPEC + is increasing output - Energy New Beat
Crude Oil News

OPEC+ Shifts Meeting to July 5, Signals Another Output Hike for August 2025

July 4, 2025 Clark Savage

OPEC+ has once again accelerated its oil production strategy, moving its key meeting from Sunday to Saturday, July 5, 2025, to discuss a potential fourth consecutive monthly output increase of 411,000 barrels per day (bpd) […]

Diesel

Why Israel and Iran Will Dictate U.S. Summer Fuel Prices

June 11, 2025 Andy Del Prado

Daily Standup Top Stories What Would Happen to the Oil Market if Israel Targeted Iran’s Nuclear Sites or Oil Export Infrastructure? June 10, 2025 Clark Savage The escalating tensions between Israel and Iran have long been […]

Saudi Aramco’s $100 Billion Signal About the Future Value of Oil
Crude Oil News

Nigeria’s $5 Billion Oil-Backed Loan Stalls as Oil Prices Plummet: A Deep Dive into the Delay

June 10, 2025 Clark Savage

In a significant setback for Nigeria’s fiscal ambitions, negotiations for a record-breaking $5 billion oil-backed loan from Saudi Aramco have hit a wall, with falling crude oil prices casting a shadow over the deal. This […]

Petronet LNG
ENB Pub Note

Petronet LNG logs higher profit, lower volumes

May 20, 2025 Mariel Alumit

ENB Pub Note: The total volume of India’s imports in 2025 is shown on top, and the update from the Dahej LNG terminal is shown below. Volume of LNG Imports for India (2025) Based on […]

Critical Minerals

Trump: Can Oil Prices Push Ukraine Toward Peace?

May 6, 2025 Andy Del Prado

Daily Standup Top Stories Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says May 5, 2025 Clark Savage ENB Pub Note: President Trump’s team still does not understand what motivates President Putin to end […]

Electrical Generation / Utilities

KN awards contract for Klaipeda FSRU electrification project

May 5, 2025 Mariel Alumit

Following KN’s international public procurement process for engineering, procurement, and construction (EPC) works, KN awarded the contract to Lithuania’s Kauno Tiltai, a specialist in roads, bridges, and infrastructure projects. KN said the contract for the […]

Temile Development
Press

Nigeria’s Temile Development signs for South Korean VLGC newbuilds

April 10, 2025 Stu Turley

Nigerian owner Temile Development Company has contracted South Korea’s shipbuilder HD Hyundai Heavy Industries for up to two very large gas carriers (VLGCs). The deal covers one firm and one optional 88,000 cu m LPG […]

International News

Atlantic LNG shipping rates, European prices down

March 28, 2025 Mariel Alumit

“Spark30S (Atlantic) freight rates experienced a significant week-on-week drop for the first time in two months, decreasing by $2,750 to $28,350 per day,” Spark’s data lead, Qasim Afghan, told LNG Prime on Friday. He said that […]

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