Tolfem Investments Limited are sellers of Nigerian light crude oil and petroleum products. We sell Nigerian Bonny Light Crude Oil and other petroleum products such as AGO, and D2.
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Russia decides not to increase natural gas shipments to Europe
Russia is keeping a tight grip on Europe’s energy market, opting against sending more natural gas to the continent even after President Vladimir Putin said he was prepared to boost supplies. ...» http://dlvr.it/S9znnJ
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EIA expects U.S. natural gas prices to stay high through the winter
In its October Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that natural gas spot prices at the U.S. benchmark Henry Hub will see the highest average winter price since 2007–2008. ...» http://dlvr.it/S9znnL
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Blackrock CEO says the world is on track to lose climate change fight
BlackRock Inc. Chief Executive Officer Larry Fink said emerging economies need about $1 trillion a year over the next three decades for the world to achieve carbon neutrality. ...» http://dlvr.it/S9PLW0
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Europe’s industrial sector cuts natural gas demand as prices soar
Europe’s industrial sector has started to cut demand for natural gas, as record prices have made the fuel prohibitive for many consumers. ...» http://dlvr.it/S9PLVF
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Oil prices hold gains as energy shortages boost winter demand
Oil in New York held above $80 a barrel on expectations that a power crisis from Asia to Europe will continue to lift demand, prompting banks to boost their price forecasts. ...» http://dlvr.it/S9NvbW
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TotalEnergies and Qnergy work to reduce methane emissions on the Barnett field
TotalEnergies announces deployment of an innovative technology developed by Qnergy, to significantly reduce methane emissions related to its operations on the Barnett gas field in the United States. ...» http://dlvr.it/S9KZyp
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Australia wants a ‘pause button’ for its global climate change commitments
Australia should include “caveats” in any net-zero greenhouse-gas emissions pledge to allow it to suspend climate-change commitments should regional areas of the economy be negatively impacted, according to a senior government lawmaker. ...» http://dlvr.it/S9KZyD
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WTI crude prices hit $81 on booming global oil demand
Crude topped $81 a barrel as the global power crunch boosts demand for oil ahead of winter. ...» http://dlvr.it/S9K4Mn
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Major gas traders seek cash to cover margin calls
Major energy traders including Gunvor Group Ltd. and Mercuria Energy Group Ltd. have reduced the size of their trading positions and increased borrowing from lenders to cover large margin calls stemming from the unprecedented surge in European gas prices, according to people familiar with the matter. ...» http://dlvr.it/S9GDRn
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U.S. shale drillers fear losing European gas orders to Russia
U.S. shale drillers are increasingly worried that swelling Russian natural gas exports will slash their European market share. ...» http://dlvr.it/S9GDS2
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Equinor launches a multibillion-dollar blue hydrogen plan
Equinor ASA, the flagship producer of oil and gas giant Norway, is investing billions of dollars in blue hydrogen on a bet that it can make the fuel more cleanly than anyone else. ...» http://dlvr.it/S99hHX
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A Nord Stream 2 solution to Europe’s gas crisis could be months away
The controversial Nord Stream 2 pipeline has the potential to ease Europe’s gas crisis, and Russia says the project is on track. But obstacles remain -- and some of them could take months to clear. ...» http://dlvr.it/S99hJG
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Oil industry needs $500 billion to avoid future supply crises, says Moody’s
Oil explorers need to raise drilling budgets by 54% to more than half a trillion dollars to forestall a significant supply deficit in the next few years, according to Moody’s Investors Service Inc. ...» http://dlvr.it/S978qC
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Canadian oil exports to U.S. jump with new pipeline startup
Canadian oil shipments to the U.S. jumped to the highest volume since the start of the year thanks in part to the startup of a long-delayed Canadian pipeline. ...» http://dlvr.it/S978r1
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Putin makes a conditional offer to ease Europe’s natural gas crisis
With winter fast approaching and a stunning energy price surge pummeling Europe, Russian President Vladimir Putin chose an opportune moment to use his country’s leverage as an oil and gas superpower. ...» http://dlvr.it/S93ggY
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Oil prices dive on increasing U.S. crude inventories
Oil declined by the most in two weeks in the wake of growing U.S. inventories and after Russia signaled it is ready to help ease a global energy crisis. ...» http://dlvr.it/S93ghX
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Electric fracturing is catching on, but environmentalists are not impressed
Low-carbon hydraulic fracturing is gaining traction across the U.S. But since it still extracts the very oil and gas that fossil-fuel critics want the world to stop consuming altogether, not everyone’s convinced. ...» http://dlvr.it/S92rsy
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