Page 37 - Vitol News Today

By Tony Obiechina, Abuja The Nigeria Sovereign Investment Authority (NSIA) has launched a $500m Renewables Investment Platform for Limitless Energy ("RIPLE"). The transformative initiative is dedicated to the development, investment, and operation of renewable energy projects across the entire value chain. With RIPLE, NSIA is positioned to expand energy access, enhance energy efficiency and ensure

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The global refining industry is poised for a challenging 2024 due to the influx of new refining capacities, contrary to earlier predictions of reduced demand due to the energy transition.

Government argues that the move will cure the reliance on private oil marketing companies for importation.

The Parliament has passed the PSA bill, giving UNOC exclusivity to import and supply all petroleum products destined for the Ugandan Market

China to fuel a more positive outlook on oil prices

Ugandan government argues that the move will cure the reliance on private oil marketing companies for importation.

Parliament has passed the Petroleum Supply (Amendment), Bill 2023, giving the Uganda National Oil Company (UNOC) exclusivity to import and supply all petroleum products destined for Ugandan Market. The Petroleum Supply (Amendment), Bill 2023 is aimed at eliminating the middlemen in the oil supply chain that are said to be the cause of fluctuations in

(Bloomberg) -- North Asia’s top liquefied natural gas buyers are looking to resell shipments due in part to high inventories, a move that is bound to push spot prices lower.Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedXi Says China Seeks to Be Friends With US, Won’t Fight ‘Hot War’Trudeau Faces Calls to Exit With His Party Trailing in PollsChinese importers, including ...

Vitol, the worlds largest independent oil trader, has provisionally chartered a supertanker to load oil from Venezuela for China…