• Crude Oil (WTI) 72.07 USD/bbl +1.27%
  • Crude Oil (Brent) 76.00 USD/bbl +1.40%
  • NYMEX Natural Gas 2.32 USD/MMBtu +6.14%
  • OPEC Basket Price 76.06 USD/bbl -0.41%

TotalEnergies Signs Crude Supply Deal with Dangote Refinery

TotalEnergies has signed  supply deal of crude oil, marking the first deal with Dangote Refinery, TotalEnergies CEO Patrick Pouyanne announced during a meeting with Africa Africa's richest man, Aliko Dangote.

Saipem Secures $850M Contract for Development of Ndungu Oil Field Offshore Angola

Saipem has secured a new offshore contract from Azule Energy Angola S.p.A. for the development of the Ndungu Field in Angola.

Egypt

Egypt Gas Caps Bioethanol Stake at 7.5% with $3.18M Contribution

Egypt Gas has decided to limit what has been paid in the contribution share amount of $3.18 million in the capital of the Egyptian Company for Bioethanol, amounting to $42.4 million. Hence, the contribution of Egypt Gas to the Egyptian Company for Bioethanol is now 7.5%.

Eni Partners with IFC, the Italian Climate Fund for Biofuel Production in Kenya

International Finance Corporation (IFC) and the Italian Climate Fund have invested $210 million in Eni S.p.A.’s Kenya subsidiary to support the expansion of advanced biofuel production and processing, contributing to the decarbonization of the global transport industry and the livelihoods of up to 200,000 small-scale Kenyan oilseed farmers.

Aramco Signs Three MoUs for Development of Low Carbon Energy Solutions

Aramco has signed three Memorandum of with three American companies for advancing the development of lower-carbon energy solutions.

US Increases in Oil, Gas Rigs for First Time in Four Weeks

US drillers have added oil and gas rigs for the first time in four weeks, according to the latest report from energy services firm Baker Hughes.

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