U.S. oil giant Exxon Mobil Corp. (NYSE) announced Wednesday that it has produced 500 million barrels of oil from Guyana’s offshore Stabroek block, reaching this milestone just five years after…
Energy Category
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Mid-month data from the Central Energy Fund (CEF) suggests that South African motorists could see a mixed bag of fuel price changes as December approaches, with petrol set for a…
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GAIL (India) Ltd. has secured a landmark 10-year sales and purchase agreement (SPA) with ADNOC Gas for the supply of up to 0.52 million metric tonnes per annum (MMTPA) of…
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The U.S. oil and gas industry is calling on President-elect Donald Trump to reverse several key climate policies put in place by President Joe Biden, arguing that these measures threaten…
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Natural gas prices have continued their bullish momentum, reaching the second target level of $3.030. However, a temporary pullback towards $2.910 is anticipated due to stochastic indicators signaling a shift…
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The MSGBC Oil, Gas & Power conference, West Africa’s premier event focused on advancing the energy sectors of Mauritania, Senegal, The Gambia, Guinea-Bissau, and Guinea-Conakry, has been rescheduled to 2025.…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached a significant agreement with Dangote Refinery to directly procure petroleum products, marking a key step toward ensuring a stable and…
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Natural gas prices have successfully surpassed the $2.850 resistance level, signaling the continuation of a positive market trend. This rally has pushed prices to a key target of $2.970, marking…
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A significant portion of U.S. oil production capacity in the Gulf of Mexico remains offline following Hurricane Rafael’s weakening into a tropical storm. According to the U.S. National Hurricane Center,…
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Fuel prices in India have remained stable as of Monday, November 11, with only slight variations across different cities. In Hyderabad, petrol is priced at Rs 107.41 per litre, while…