Page 12 - Refinitiv Eikon News Today

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

The South American nation of Guyana has emerged as a rising star in global oil production, sparking speculation that it could potentially become the wealthiest country in the region, as reported by Yahoo Finance.

Sigma Lithium is working with Bank of America to coordinate talks with parties interested in acquiring it, the chief executive of the miner, which produces the metal used to make electric vehicle...

Sigma Lithium: The deal discussions come amid a supply crunch for lithium. Sigma earlier this year started production at the Grota do Cirilo hard rock lithium project in Brazil to supply roughly a fourth of its output to LG Energy Solution with the rest slated for sale on the spot market.

Nigeria’s fuel subsidy removal is affecting refineries far away in Europe and threatening to squeeze European refiners, Reuters reports.

Threatens to squeeze European refiners

One of Europes main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the countrys domestic demand and a...

One of Europe's main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the country's domestic demand and a regional market for smuggled fuel. North America and West Africa (WAF), with Nigeria at the helm, historically have been the top two destinations for petrol exports from Europe, which produces more gasoline than it uses, meaning its refiners rely on exports to support profit margins.

One of Europe's main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies

French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore seabed lease this month…