Nigeria: Family Ties, Fortune Divides - Court Hands Indimi Daughters $43.51m in Oriental Energy Row
A Federal High Court in Nigeria has ordered Oriental Energy Resources to pay $43.51 million to Ameena and Zara Indimi due to a dispute over their ownership stakes in the company.
Court orders Greenpeace to pay 345 million dollars to American oil pipeline company
Greenpeace has been ordered by a court in North Dakota to pay 345 million dollars in damages to the operator of the Dakota Access oil pipeline.
Carlos Slim Takes Over Macavil, the 'Crown Jewel' of Pemex's Mixed Contract Round
Carlos Slim has secured a major contract with Pemex, further strengthening his relationship with the state-owned oil company in Mexico.
Friendship transported Ukrainian and Russian oil before the January attack
The article discusses the transport of both Ukrainian and Russian oil by the Russian pipeline company Druzhba prior to a notable attack in January.
United Kingdom sanctions Brazilian company for link to 'ghost fleet' of Russian oil
The United Kingdom has sanctioned a Brazilian company accused of connections with a 'ghost fleet' trading Russian oil, which allegedly funds the war against Ukraine.
Miguel Galuccio's oil company analyzes RIGI for Vaca Muerta and reduces its costs
Vista Energy is considering applying for the RIGI incentive regime to enhance exploration and production activities in Vaca Muerta, following recent governmental approvals.
MOL issued an ultimatum to JANAF, Šušnjar responded: 'We do not agree to blackmail'
Hungarian oil and gas company MOL Group has accused JANAF of violating EU regulations by refusing to transport Russian crude oil not covered by sanctions, leading to a governmental response from Croatian Economy Minister Ante Šušnjar.
Angola's Sonangol in talks with China for $4.8 billion refinery loan
Angola's state oil company Sonangol is negotiating a $4.8 billion loan with Chinese institutions to fund a new refinery in Lobito, marking a significant shift in their borrowing practices since 2017.
Lukoil to Bulgarians: You must buy Russian oil
Lukoil's trading company Litasco announced that Bulgaria's measures against it violate the Energy Charter Treaty, following Bulgaria's suspension of Russian oil imports and handling of Lukoil's assets.
Tinubu’s executive order blocks N2tn NNPC fees
President Bola Tinubu's executive order bans the deduction of management fees by the Nigerian National Petroleum Company Limited, affecting substantial revenue streams for the Nigerian federation.
Company linked to Banco Master bought share in oil well
Rubicão S.A., a company connected to Banco Master, acquired a 60% stake in an oil exploration field in Itaparica, Bahia.
Company news filter: Another shoemaker is going bankrupt, Fico's disinformation about oil is escalating, and Slovak taxes are ruining Kofola's European business
The article discusses Slovak Prime Minister Robert Fico's controversial statement regarding electricity supplies to Ukraine amidst the ongoing oil crisis stemming from a Russian attack.
FG probes NNPC, targets blockage of revenue leakage
The Nigerian Federal Government is conducting an investigation into the Nigerian National Petroleum Company Limited's financial activities to address revenue leakage issues.
Forensic audit of NNPC ongoing – Edun
The Nigerian Minister of Finance announced that a forensic audit of the National Petroleum Company is currently being conducted to enhance transparency in oil revenue management.
NNPC boss Ojulari bags UK energy institute fellowship
Bayo Ojulari, CEO of Nigerian National Petroleum Company, has been awarded a Fellowship from the Energy Institute in the UK, marking a significant achievement in the global energy sector.
Shutdown of the Druzhba oil pipeline: Hungary will tap into strategic oil reserves
Hungary will release 250,000 tons of oil from its strategic reserves due to the suspension of supplies through the Druzhba pipeline, prioritizing its state-owned company MOL.
Hungary will release 250,000 tons of oil from reserves, prioritized by MOL
Hungary is set to release 250,000 tons of oil from its reserves, with the MOL company getting priority access.
Tinubu orders NNPC to remit oil taxes, royalties directly
President Bola Tinubu has issued an Executive Order mandating the Nigerian National Petroleum Company to directly remit taxes and royalties to fiscal authorities, suspending previous fees collected.
Venezuelan state oil company starts pilot plan to sell Super Premium gasoline of 97 octane for $1 per liter
Venezuelan state oil company PDVSA has launched a pilot program to sell Super Premium gasoline at $1 per liter in select stations in Caracas.
Petralon Advances Marginal Field with Shell Support
Shell Western Supply and Trading has expressed confidence in Petralon Energy's operations after the company achieved first oil at the Dawes Island Field.
France Released Oil Tanker It Had Stopped, Owner Paid Millions in Fines
France released an oil tanker it had detained after the owning company paid hefty fines imposed by a Marseille court.
Čepro had the best economic results in the history of the company last year
The article discusses Čepro's record-breaking economic performance in the past year.
Orlen summarizes the first year of strategy implementation
Orlen, a Polish oil and gas company, summarizes the first year of its 2035 strategy implementation, focusing on gas acquisition and renewable energy investments.
Fars News Agency on the Iranian National Oil Company: The three tankers stopped by India do not belong to us
The Iranian National Oil Company stated that three tankers halted by India do not belong to them, according to Fars News Agency.
Iran denies connection to oil tankers seized by India
Iran's national oil company denies any link to three oil tankers seized by India during February, amidst allegations they were under U.S. sanctions related to Iran.
Company newsfilter: IKEA will open smaller stores, a major merger is emerging in the waste business, and Martin is losing more factories
The article discusses Slovakia's ongoing issues with dependence on Russian oil and the recent disruption of supplies following a Russian attack on the Druzhba oil pipeline.
– Every company should have a crazy person on top
Nicolai Tangen, the head of Norway's Oil Fund, argues that the Norwegian business sector is lagging in artificial intelligence (AI) adoption, advocating for its pivotal role in enhancing productivity and trading.
Chevron can increase oil production in Venezuela to 300,000 barrels per day, according to the US
US Energy Secretary Chris Wright stated that Chevron has the potential to raise its oil production in Venezuela to 300,000 barrels per day following his visit to the company's operational fields in the country.
Ambitious Plan: The Fourth Largest Oil Company in the World Joins the Project to Export Gas from Vaca Muerta
The fourth largest oil company in the world, XRG, has officially joined a project led by YPF to export natural liquefied gas from Argentina's Vaca Muerta region, securing an agreement with Eni.
Pemex Seeks Energy Self-Sufficiency with Trion and Sama; Experts Say It Could Take Between 10 and 15 Years
Mexican oil company Pemex aims for energy self-sufficiency through strategic projects like Trion and Sama, but experts caution that financial and operational challenges may delay progress.
Foreign Policy: The Chancellor Moves Forward Boldly - But Where To?
German Chancellor Friedrich Merz emphasizes the urgent need for order in foreign policy amid global chaos during a visit to the Abu Dhabi National Oil Company headquarters.
The political balances that coexist in YPF's board
The article discusses the political dynamics and appointments within the board of YPF, Argentina's state oil company, under Javier Milei's administration.
London-listed Rosebank in £2.2bn US takeover talks
Rosebank, a London-listed oil and gas company, is reportedly in discussions for a US takeover valued at £2.2 billion.
Ukraine: Naftogaz reports that its facilities were hit by Russian raids for the second day
Russian attacks have damaged the facilities of Ukraine's state oil and gas company Naftogaz for the second consecutive day, according to the company’s CEO.
'Killing Winter Sports': Stars Demand the Olympics Drop Deal with Oil Company
Top winter sports athletes are calling for an end to sponsorship deals with major oil companies, arguing they are harming the environment and the integrity of winter sports.
Pemex awards contract for gas and condensate field to Slim's company: Reuters
Mexican state-owned Pemex has awarded a contract for a crude oil and natural gas field to a company controlled by Carlos Slim, further consolidating his influence in the energy sector.
Why NNPC pulled the plug on refineries — Ojulari
Bayo Ojulari, CEO of the Nigerian National Petroleum Company, discusses the company's strategic changes in response to energy transition and domestic supply challenges during a recent interview.
Turkey signs agreement with Chevron for global oil and gas exploration and production
Turkey's state petroleum company and Chevron have signed a memorandum of understanding to explore and produce oil and natural gas in Istanbul.
Venezuela's interim president meets with administrators of Spanish and French oil companies
Venezuela's interim president Delsy Rodriguez met with officials from the Spanish energy company Repsol and French oil company Maurel & Prom to strengthen the country's energy sovereignty following the U.S. capture of Nicolás Maduro.
Pemex presents strengthening plan; investment in the oil company will increase by 34% in 2026
Pemex's CEO announced a strategic plan aiming for a 34% increase in investment by 2026, while highlighting significant debt reduction since 2018.
Esteban Monblán, manager of an oil production company: 'There will be a certain rise in prices'
Esteban Monblán discusses the impact of reduced olive oil production due to rainfall on pricing in the industry.
Thank God for Dangote refinery, Ojulari tells Nigerians
Bayo Ojulari, CEO of the Nigerian National Petroleum Company, highlights the Dangote Petroleum Refinery's role in stabilizing Nigeria's energy system amidst the challenges faced by state-owned refineries.
Shell paves way for multimillion-pound pay hike for boss Sawan
Shell is preparing to offer CEO Wael Sawan a long-term incentive award of £13.8 million, potentially raising his total pay package to over £19 million as the company revises its boardroom pay policies.
Stock Exchange: The Lucky... 13 of Motor Oil
The stock of Motor Oil continues its rise, currently hovering around 35 euros, with a 2026 yield exceeding +11%, positioning it as the 13th largest listed company on the Athens Stock Exchange.
Okomu, PIND train Edo communities ahead N1.2bn partnership
Okomu Oil Palm Company and the Foundation for Partnership Initiatives in the Niger Delta have conducted a training program for community representatives in Edo State in preparation for a N1.2 billion partnership aimed at peacebuilding and improving livelihoods.
Ukrainian oil and gas company sets record for drilling new wells in 2025
Ukrnafta has set a new record by drilling 25 new wells in 2025, resulting in a 3.39% increase in oil and gas production compared to the previous year.
Urgent 'unsafe to eat' alert as popular sweets could contain dangerous substance
A selection of Jolly Rancher sweets has been ordered off shelves by the Food Standards Agency due to contamination with Mineral Oil Aromatic Hydrocarbons (MOAH), making them unsafe for consumption.
The Government's rescue allows Plus Ultra to settle its million-dollar debt with the Venezuelan state oil company
The Spanish airline Plus Ultra has settled its historical debt with Venezuela due to a government rescue.
Trump meets with oil company executives to secure $100 billion as US forces seize another oil tanker
US President Donald Trump aims to secure $100 billion in investments from oil executives to exploit Venezuela's oil reserves, amidst ongoing seizures of oil tankers by US forces.
Chemical Industry: Former DAX Member Covestro Leaves the Stock Exchange
Covestro, a former DAX-listed company, is set to exit the stock exchange as its new owner, a state oil and gas company from the UAE, plans to forcibly buy out remaining minority shareholders.