Shell gets approval to sell onshore oil business in Nigeria

Shell gets approval to sell onshore oil business in Nigeria

Shell Petroleum Development Company of Nigeria Limited (SPDC) has received ministerial consent to sell its Nigeria onshore oil business to Renaissance Africa Energy Company Limited. Renaissance Africa Energy Company Limited disclosed this in a statement on Wednesday, saying the approval marks a significant step forward from the announcement of the Sale and Purchase Agreements. “Renaissance … Read more

Enso Group partners with G-Energy to launch engine oils in India

Enso Group partners with G-Energy to launch engine oils in India

Enso Group’s Enso Oils & Lubricants has become the official distributor for G-Energy, a high-tech engine oil brand, in India. The partnership was announced at a client conference held in Mumbai, coinciding with the launch of G-Energy in the Indian market. The conference brought together representatives from the automotive and industrial sectors, including key officials … Read more

Russian oil tankers in distress in Black Sea – POLITICO

Russian oil tankers in distress in Black Sea – POLITICO

Unverified footage on Telegram appears to show one of the vessels broken in half, with streaks of oil visible on the surface of the water. The incident occurred in the early hours of Sunday in the Kerch Strait waterway separating annexed Crimea and mainland Russia. Russian President Vladimir Putin ordered a working group to be … Read more

US set to sanction Serbia’s main oil company over Russian ownership, Vučić says

US set to sanction Serbia’s main oil company over Russian ownership, Vučić says

Serbian oil company Naftna Industrija Srbije (NIS) faces financial sanctions from the United States as soon as next month because of its Russian ownership, Serbian President Aleksandar Vučić said late Friday. The U.K. and the EU would likely follow the U.S. in introducing sanctions against the company, Vučić said in an interview with Serbian broadcaster Informer … Read more

Inside the floating 80s relic that wants to be Britain’s energy future – POLITICO

Inside the floating 80s relic that wants to be Britain’s energy future – POLITICO

LONDON — The Conservative Party “got trounced in the polls,” ex-Energy Secretary Claire Coutinho admitted earlier this month. After 14 years controlling Westminster’s levers of power, voters … Sep 26 10 mins read Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the … Read more

Family sized air fryer that’d fit ‘dinner for eight’

Family sized air fryer that’d fit ‘dinner for eight’

For many people, air fryers were briefly dismissed as a passing fad. Nowadays, they’re an all but essential kitchen appliances that stand to save you time, money, and unnecessary cooking fats. They cook evenly, crispily, and quickly, with quick heat up times and more rapid results than your typical fan oven. If you haven’t yet … Read more

EU’s Russia sanctions deal collapses over business loophole spat – POLITICO

EU’s Russia sanctions deal collapses over business loophole spat – POLITICO

The rest of the package focuses mostly on sanctioning companies and vessels involved in circumventing existing EU penalties on Russia. A draft list seen by POLITICO shows plans to more than double the number of oil and gas tankers on its blacklist, bringing the total to 75. Yet talks fell apart, two of the diplomats said, after … Read more

UN plastic treaty talks end without a deal – POLITICO

UN plastic treaty talks end without a deal – POLITICO

The Busan summit was billed as the culmination of two years of talks, with U.N. countries having previously agreed to “forge an internationally binding agreement by 2024.” Greenpeace called it “the most important multilateral treaty” since the 2015 Paris climate agreement. But in the end, differences proved irreconcilable between those countries wanting a comprehensive deal … Read more

Saudi Arabia’s push for non-oil tourism pushes country into deficit

Saudi Arabia’s push for non-oil tourism pushes country into deficit

Saudi Arabia approved its 2025 budget on Tuesday, projecting a deficit of 101 billion riyals ($26.88 billion), or 2.3% of its GDP. For more stories from The Media Line go to themedialine.org Finance Minister Mohammed Al Jadaan reaffirmed the kingdom’s commitment to Vision 2030, an ambitious plan to reduce its dependence on oil. Declining … Read more

What the ‘show me the money’ climate summit tells us about the new Trump era – POLITICO

What the ‘show me the money’ climate summit tells us about the new Trump era – POLITICO

The U.S., meanwhile, declined to join a coalition including the European Union, Canada, Mexico, the U.K. and Norway that promised during the conference to embrace “ambitious” new climate plans by early next year. U.S. officials did not explain their absence from the effort, even though the Biden administration had helped orchestrate the pledge. Broadly, nations arrived unwilling to … Read more