Russia doubles oil exports to Africa Lavrov
March 22, 2024
Moscow is nevertheless not in competition with other top oil-producing and exporting nations, the foreign minister says
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WIEN Lauds Tinubu Over Oil, Gas Companies Order 2024
March 22, 2024
Foremost gender equity advocacy group in Nigeria, the Women in Energy Network (WIEN), has expressed delight at the Oil and Gas Companies Order 2024 just released by President Bola Ahmed Tinubu.
No oil and gas majors aligned with climate targets: report
March 22, 2024
All major oil and gas companies plan fossil fuel expansion incompatible with limiting warming to 1.5 degrees Celsius, a new report said Wednesday.
Saudi Aramco cancels $40.8mln deal with East Pipes
March 22, 2024
East Pipes Integrated Company for Industry has agreed to cancel its SAR 153 million ($40.8 million) contract with Saudi Arabian Oil Company (Aramco).
USA Crude Oil Inventories Decrease
March 22, 2024
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 2.0 million barrels from the week ending March 8 to the week ending March 15, the U.S. Energy Information Administration (EIA) revealed in its latest weekly petroleum status report.
Egypt’s oil and gas sector poised for growth: El-Molla
March 22, 2024
Egypt’s oil and gas sector is poised for growth, according to statements made by Minister of Petroleum and Mineral Resources Tarek El-Molla. The Minister highlighted the country’s promising potential and significant reserves, which can be leveraged to attract further investment and boost production.
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