Synterra Energy Assets

17/02/2025

Has the United States become an Oligarchy dominated by billionaire tech moguls.

Discover the shocking truth about how oligarchs have taken over America, manipulating the system to serve their own interests. From influencing politics to c...

07/03/2022

Here comes the pain. European natural gas prices zoom to a fresh all-time high, rising by over75% today. Benchmark TTF is trading above €345 per MWh. That's equal to more than $100 per million Btu, or more than to $600 a barrel of oil equivalent (I promise you there are not typos there).

25/07/2021

The PIB has turned out to be a ticking timebomb that may well see a privatised NNPC finally transferred to private interests. Nigerians need to understand in simple terms what is happening and what it might mean to the. Read the first analysis and follow us to read more critical analysis on this issue

PIB A PIB NOT FIT FOR PURPOSE When the Oil and Gas Sector Reform Implementation Committee (OGIC) began its deliberations in 2000 not many thought the pathway to restructuring the Nigerian oil and gas sector would take nigh on two decades. The hugely ambitious bill which was supposed to encourage inv...

30/06/2021

04/01/2021

Vitol despite admitting bribing officials in Brazil, Mexico and Ecuador and paying over $160 m in fines win $1.5bn crude oil contract from NNPC in Nigeria. The terms of the 5 year deal remain secret

Vitol are the largest global independent trader of crude oil and refined petroleum products. They also have a long established joint venture (JV) called Calson with NNPC based in the offshore tax haven of Bermuda. Their intimate relationship with NNPC has seen them beneficiaries of supply contracts,...

11/12/2020

Insurance for farmers at last

21/11/2020

OPEC have succeed in bullying Nigeria by its refusal to accept Agbami as condensates. It is illogical, unfair and makes a mockery of Nigerian membership of an OPEC set up to serve only Russian- Saudi interests. NNPC should never accepted the dubious quotas in the first place

OPEC refuses Nigeria condensates exemption and counts production under crude oil quota

03/11/2020

The return of crude production heaps pressure on vulnerable grades just as hits refinery runs and markets crash in europe. Libya forecast of 1m bpd by December effectively locks sweet light crude out of Atlantic basin

Return of Libyan light sweet crudes make Nigerian crudes vulnerable in Europe and Atlantic basin

27/10/2020

Nigerians to pay the price as NNPC face bankruptcy after years of theft and mismanagement. should also be to stop the wholesale theft of Nigeria's resource endowment before its too late

NNPC most recent audited financial statement raise bankruptcy concerns amid great uncertainty and debt

14/08/2020

Nigerians health put at further risk during with NNPC importing toxic fuel over 200 times EU sulphur limits and in excess of Nigerian's own limits. This iracket between unscupulous Traders and the Nigerian Govt prioritises profit over lives and it must stop

When the Stakeholder Democracy Network (SDN) an international non-governmental organisation broke the news, it re-exposed a racket that has been going on for years. Nigeria has been for a while the choice destination for dumping the worst, most carcinogenic, toxic refined petroleum products on the p...

23/07/2020

OPEC forcing Nigeria into deeper production cuts for under compliance is unfair. The quotas have been dreadfully negotiated . Why should 200 million Nigerians have a quota 1/6th of Saudi Arabia with population 34m? A manifest failure of statecraft and nous

Sylva agrees Nigeria will compensate OPEC for under compliance with production cuts

16/07/2020

Nigerians are told deregulating the downstream will save the country trillions of naira and that savings will improve lives, but can a government that spends more of its budget on the Legislature than Health and Education combined be trusted?

Syla says Nigeria will save trillions in oil subsidy deregulation