Seplat Starts Up ANOH Gas Project in Nigeria
The Niger Delta project by Seplat and NGIC, designed to produce up to 300 million standard cubic feet a day of natural gas, has begun supplying the Indorama Petrochemical Plant.
SOCAR Ventures into Africa through Baleine Deal with Eni
The State Oil Company of the Azerbaijan Republic signed an agreement to acquire a 10 percent stake in the producing Baleine field offshore Cote d'Ivoire from Italy's Eni.
Strategists Project WoW USA Crude Inventory Rise
Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up by 2.0 million barrels for the week ending January 16.
Santos Expects to Exceed 100 MMboe in 2026
Santos expects to produce 101-111 million barrels of oil equivalent this year, compared to 87.7 MMboe in 2025.
Russia Says 2 Killed, Tanks Damaged by Ukraine Attack on Port
Russia said Ukrainian drones hit a Black Sea port, setting four fuel terminals on fire and killing two people.
Crude Gains as IEA Lifts Demand Outlook
Oil found support from an improved IEA demand outlook despite a looming surplus.
