Africa
Shell sees $6 B in oil and gas investments in Nigeria
Shell sees a $5-B offshore oil investment opportunity in Nigeria and pledged to spend a further $1 B in five to 10 years to boost natural gas output for domestic supplies and exports, a presidential spokesperson said, citing Shell's director of upstream operations.
Nigeria's Dangote refinery receives first crude cargo
The Dangote oil refinery in Nigeria received its first cargo of 1 million barrels of crude oil from Shell International Trading and Shipping Co, bringing the start of operations closer after years of delays.
Global airlines body urges oil sector to invest more in sustainable fuel
The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.
Neste and ENOC Group enter into collaboration to drive SAF initiatives in Dubai and the MENA Region
Neste and ENOC Group, a leading integrated global energy player, have agreed to collaborate to explore the possibilities of supplying and purchasing SAF in Dubai and the wider Middle East North Africa region in the coming years.
Industry Primer: What is OPEC+ and how does it impact oil prices?
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss their joint output policy.
Nigeria gets refineries investment, forex pledge from Saudi Arabia
Nigeria and Saudi Arabia agreed to a series of investment and cooperation deals, including a pledge by the Saudi government to invest in the revamp of Nigeria's oil refineries and provide financial support to sustain the government's foreign-exchange reforms.
Nigeria restores 275,000 bpd production at TotalEnergies JV
Nigeria's state oil firm NNPC Ltd said it had restored 275,000 bpd of oil production at its joint venture unit with Total Energies after negotiating an end to industrial action by workers.
Global fossil fuel production plans far exceed climate targets, U.N. says
Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said.
Nigeria's state oil firm launches new 'Nembe' grade of crude
Nigeria's state oil firm NNPC Ltd said it had launched a new grade of crude called Nembe, which is particularly suited to the European market.
Wizz Air wins 2nd consecutive CAPA Asia Aviation Summit award for SAF usage
For the second year in a row Wizz Air has been awarded the CAPA Global Environmental Sustainability Airline/Airline Group of the Year.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
