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Crude oil prices fell on May 19, 2025 amid Moody’s downgrade of the US sovereign credit rating and official data that showed slowing growth in China’s...
Conoil has launched exports of Nigeria’s latest crude oil grade, the Obodo blend. The Obodo crude exports occurred following Conoil’s unveiling of the blend in April....
Gas prices held steady in the US, the UK & Continental Europe on May 19, 2025, as markets weighed geopolitical and supply-side developments. Attention is focused...
The Final Investment Decision (FID) on the $25 billion Nigeria-Morocco Gas Pipeline project will likely be taken by the end of 2025. Morocco’s Minister of Energy...
At the 2025 Africa Energies Summit held in London from May 14-16, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, showcased Nigeria’s upstream reforms. Speaking at the...
Nigeria and China are set to boost trade ties through the 2025 edition of the China Commodities Expo-Nigeria. Over 250 Chinese manufacturers and more than 5,000...
Renaissance Africa Energy Company Limited stated on May 16 that it exceeded its production target by 40% within its first month of operation. This achievement signifies...
Asia spot LNG prices surged in Week 20 amid a slight uptick in industrial sentiment, which supported demand. The surge in Asia’s LNG Prices occurred following...
Saudi Aramco unveiled 34 preliminary deals with prominent US companies worth up to $90 billion on May 16. These deals are part of Aramco’s move to deepen...
Gas prices held steady in the US, the UK & Continental Europe on May 16, 2025, amid geopolitical uncertainty. The markets are closely watching the stalled...
