Latest News for: Oil assets

Edit

FG Launches New Fiscal Incentives to Revamp Oil, Gas Sector, Aims to Attract $10bn Investment

This Day 24 Apr 2024
... 2022 due to evacuation issues and crude oil theft ... On its website, Newcross E&P said the Awoba oil well was the first oil well it drilled  post acquisition of the OML 24 asset from Shell.
Edit

BUSINESS LIVE: Lloyds profits slump; Heathrow slams

The Daily Mail 24 Apr 2024
The FTSE 250 North Sea producer has agreed to buy most of the upstream oil and gas assets owned by Eni UK for around £754million ... of the upstream oil and gas assets owned by Eni UK for around £754m.
Edit

BUSINESS LIVE: Lloyds profits slump; Heathrow slams 'anti-growth' policies; PZ Cussons to sell St. Tropez

This is Money 24 Apr 2024
The FTSE 250 North Sea producer has agreed to buy most of the upstream oil and gas assets owned by Eni UK for around £754million ... of the upstream oil and gas assets owned by Eni UK for around £754m.
Edit

What the US Congress passed to aid Ukraine, Israel and Taiwan

RTE 24 Apr 2024
The 21st Century Peace through Strength Act would also allow the federal government to transfer frozen Russian sovereign assets to Ukraine and expand sanctions against Iran and its oil production.
Edit

Ex-NCDMB Boss, Wabote Accuses Lokpobiri of Pushing to Inflate His Office Budget at Agency by N30bn

This Day 24 Apr 2024
... National Petroleum Company Limited (NNPCL) under the bus by saying that Nigeria was losing 400,000 barrels of oil per day because of not signing the Seplat-ExxonMobil asset sale and purchase deal.
Edit

Pilot picks another Berkshire Hathaway executive to lead growing energy division

Knox News 24 Apr 2024
Pilot expanded its energy trading business in the years before the Berkshire acquisition, buying assets in crude oil and pipeline operations and recruiting fuel traders.
Edit

US Senate passes USD 95.3 bn package for Ukraine, Israel, Taiwan & Indo-Pacific

The Siasat Daily 24 Apr 2024
The bill authorises the seizure of frozen Russian assets in the US for transfer to a “Ukraine Support Fund” for economic assistance and creates an international fund to receive frozen Russian assets from foreign partners to compensate Ukraine.
Edit

USDT move by Venezuela’s PDVSA triggers freezing threats from Tether

Invezz 23 Apr 2024
Venezuela’s state-run oil company, PDVSA, has been hit with a harsh response from Tether, the issuer of the USDT stablecoin. Amidst efforts to bypass oil sanctions imposed by the United States, ...
Edit

Ithaca Energy to join forces with Italian oil major in £750m deal

The Daily Mail 23 Apr 2024
Ithaca Energy has agreed to buy most of the upstream oil and gas assets owned by Eni UK ... The FTSE 250 North Sea producer has agreed to buy most of the upstream oil and gas assets owned by Eni UK for around £754million.
Edit

Venezuela’s Oil Giant PDVSA Turns to Crypto amidst Heightened Sanctions

Coinspeaker 23 Apr 2024
Venezuela’s Oil Giant PDVSA Turns to Crypto amidst Heightened Sanctions ... According to Reuter’s report, PDVSA plans to increase its use of digital assets to manage the reimposed sanctions on the country’s oil sector.
Edit

Venezuela’s Oil Exports Turn to Cryptocurrency to Dodge Sanctions

CoinGape 23 Apr 2024
Through the transition to a digital model, PDVSA aims to circumvent the complexities of conventional banking systems where assets could be confiscated or restrained, thus securing a better flow of revenue from its oil sales.
Edit

i3 Energy PLC Announces Notice of 2024 AGM

ACCESSWIRE 23 Apr 2024
i3 Energy is an oil and gas Company with a low cost, diversified, growing production base in Canada's most prolific hydrocarbon region, the Western Canadian Sedimentary Basin and appraisal assets in the North Sea with significant upside.
Edit

American Club: Oil price cap scheme updates and compliance enforcement alert

SAFETY4SEA 23 Apr 2024
... of Foreign Assets Control (OFAC) Alert on Possible Evasion of the Russian Oil Price Cap (April 2023) Guidance on Implementation of the Price Cap Policy European Commission’s Oil Price Cap Guidance.
Edit

DMO: Nigeria Working on Details of Proposed Dollar-denominated Local Bond

This Day 23 Apr 2024
He listed some of the initiatives  as the Presidential directives in the oil and gas sector (as an example of sector focused intervention), repatriation of foreign denominated assets into the ...
Edit

Indian stock market: 6 key things that changed for market overnight - Gift Nifty, Japan PMI to Reliance Q4 results

Live Mint 23 Apr 2024
The sharp fall in crude oil prices, currency and gold also resulted in a boost for equity assets,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.Also Read.
×