Petroleum industry
The oil cartel OPEC Plus agreed to increase oil production by 137,000 barrels a day, starting in December, but decided to pause further increases due to concerns about an oversupply. The group attributed the temporary halt to "seasonality," but market analysts believe it may be a sign
Petroleum industry
The oil cartel OPEC Plus agreed to increase oil production by 137,000 barrels a day, starting in December, but decided to pause further increases due to concerns about an oversupply. The group attributed the temporary halt to "seasonality," but market analysts believe it may be a sign
Petroleum industry
The oil cartel OPEC Plus agreed to increase oil production by 137,000 barrels a day, starting in December, but decided to pause further increases due to concerns about an oversupply. The group attributed the temporary halt to "seasonality," but market analysts believe it may be a sign
Petroleum industry
The oil cartel OPEC Plus agreed to increase oil production by 137,000 barrels a day, starting in December, but decided to pause further increases due to concerns about an oversupply. The group attributed the temporary halt to "seasonality," but market analysts believe it may be a sign
Exports
The Secretary to the Government of the Federation, Senator George Akume, has identified the North Central region as a key area of focus for Nigeria's economic diversification, citing its rich mineral deposits, strong agricultural base, and strategic location. With sustained improvements in logistics and transport infrastructure, the region
Exports
Iraq's oil export operations have continued uninterrupted following a fire at the Al-Zubair 1 storage facility in Basra Oil Company. The incident did not pose a significant threat to the country's oil production and export capabilities, with alternative storage and export options available. The Ministry of
Petroleum industry
As the winter weather slows down the pace of combat on the battlefield, Moscow and Kyiv are intensifying their energy attacks against each other's infrastructure, potentially forcing a breakthrough in the stalemate. The stalemate has persisted for nearly four years, with the Trump administration's efforts at
Petroleum industry
As winter slows the pace of battlefield combat, both Moscow and Kyiv are investing in a parallel war on each other's energy assets, a conflict that could be decisive in breaking the stalemate in the Ukraine-Russia conflict. The measures come as the United States and Europe have announced
Intercontinental ballistic missiles
Ukrainian President Volodymyr Zelenskyy has appealed to the United States to expand sanctions on Russian oil from two companies to the whole sector, coinciding with a meeting of two dozen European leaders in London to step up pressure on Russian President Vladimir Putin. The talks aimed to bolster recent measures,
Petroleum industry
European leaders have reiterated their support for Ukraine, backing President Trump's sanctions on Russia's oil companies and committing to fund Ukraine's financial and military needs for the next two years. The decision follows Mr. Trump's imposition of sanctions on two of Russia&
Petroleum industry
As winter slows down the pace of combat on the battlefield, Moscow and Kyiv are engaging in a fierce parallel war on each other's energy assets. This campaign, which has been ongoing for years, could potentially become a decisive factor in breaking the stalemate in the conflict. Russia
Petroleum industry
President Donald Trump's frustration with Russian President Vladimir Putin's actions in Ukraine has led to a significant escalation of US-Russia tensions, with the US announcing new sanctions targeting two of Russia's largest oil companies, Rosneft and Lukoil, and postponing the planned meeting between the
