Trafigura
Posted in Energy Latest

Trafigura’s Puma Energy hires BAML for asset sale

Struggling retail arm of Trafigura, Puma Energy has just disclosed that it will sell assets…

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ExxonMobil
Posted in Energy Latest

Rocket hits ExxonMobil headquarters in Iraq

A rocket has just landed on the residential and operations headquarters of several US oil…

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shell
Posted in Energy Latest

Royal Dutch Shell announces first shipment from Australia’s FLNG

Royal Dutch Shell has announced the first shipment of Liquefied Natural Gas has sailed from…

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Posted in Energy Latest

NNPC’s gas subsidiary posts N12 billion profit for 2018

The gas subsidiary of the Nigerian National Petroleum Corporation, NNPC, said it recorded a profit…

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Oando
Posted in Energy Latest

Cracks in Oando as two non-executive directors resign

The development at Oando could be taking an interesting direction. The company has just announced…

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Nigeria
Posted in Energy Latest

Nigeria revokes oil mining license over debt

The Nigerian National Petroleum Corporation, NNPC, said it has revoked licenses of six companies over…

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Posted in Energy Latest

Rosneft says Chinese oil coys to invest in Arctic projects

China has is now taking its strong relationship with Russia to another level. This position…

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Glencore
Posted in Big Business Energy Latest

Glencore’s oil unit’s head Alex Beard resigns amidst Venezuela and Nigeria probes

Alex Beard, the man who help built Glencore into one of the world’s largest oil…

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INEOS
Posted in Big Business Energy Latest

INEOS to invest 2 billion in Aramco’s chemical plant

Jim Ratcliffe’s INEOS said it will be investing about $2 billion in a petrochemical plant…

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Total
Posted in Energy Latest

Total acquires Toshiba’s LNG business for ‘$15 million’

French energy giant, Total SA is having a lucky day as it will be paying…

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