Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal and commenced operations. The newly-constructed facility is the first indigenous onshore terminal constructed in the country in five decades. SourceContinue Reading
Ivory Coast expects its oil output to increase more than fivefold in the next decade, boosted by recent discoveries and the start of production at two offshore fields. “By 2035, crude-oil production is expected to reach at least 500,000 bpd,” said the Minister of Petroleum. SourceContinue Reading
South Africa Secures $2.2 Billion To Help Transition Away From Coal | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Jun 22, 2025, 10:00 AM CDT South Africa,...Continue Reading
Brent crude oil futures remain capped below the $80/bbl mark, as the crisis enters its second week with no clear resolution in sight, Rystad Energy analysts stated. The U.S. has signaled a potential two-week window for possible military action, while still leaving room for diplomacy. SourceContinue Reading
Oil traders are preparing for an oil-price surge when trading reopens, with the focus on whether Tehran’s retaliation to U.S. airstrikes will lead to a disruption in crude flows that have been largely unaffected so far. SourceContinue Reading
Oil Prices Poised to Soar After U.S. Attacks Iran Facilities | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Jun 22, 2025, 12:21 AM CDT The United States launched targeted strikes on three Iranian nuclear facilities, a move President Trump hailed...Continue Reading
Banks Drop the Climate Pretense and Follow the Money | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Jun 21, 2025, 6:00 PM CDT Banks pumped $869B into fossil fuels in 2024....Continue Reading
