Libya’s oil exports plummet amid political crisis
The National Oil Corporation has declared force majeure on several oilfields and ports.
Libya’s oil exports plummet amid political crisis Read More »
OPEC
Nigeria’s fuel crisis worsens, burdening struggling citizens
Fuel shortages in Nigeria are exacerbating the cost-of-living crisis, as the state-run oil company struggles to meet demand due to financial constraints.
Nigeria’s fuel crisis worsens, burdening struggling citizens Read More »
Libyan crisis drags OPEC oil output to lowest since January
A discussion of the future outlook for OPEC’s oil production, considering the ongoing geopolitical tensions and the potential for further disruptions in supply.
Libyan crisis drags OPEC oil output to lowest since January Read More »
OPEC oil output unexpectedly rises in June
A survey reveals OPEC oil production rose in June, defying output cuts. Nigeria and Iran led the increase, while Iraq continued to exceed its quota.
OPEC oil output unexpectedly rises in June Read More »
Nigeria’s largest refinery begins jet fuel exports to Europe
BP shipping 45,000 metric tons of fuel from Lagos’ Dangote refinery to Rotterdam
Nigeria’s largest refinery begins jet fuel exports to Europe Read More »
Focusing on oil and gas, Libya seeks to rebuild economy
At the Libya Energy and Economic Summit, PM Dbeibeh highlights Libya’s commitment to economic reform and leveraging its energy resources.
Focusing on oil and gas, Libya seeks to rebuild economy Read More »
OPEC oil output inches up as Angola exits body, new cuts
December sees a slight uptick in OPEC’s oil output, marked by increases from Iraq, Angola, and Nigeria.
OPEC oil output inches up as Angola exits body, new cuts Read More »
Angola to exit OPEC due to production quotas dispute
Diamantino Azevedo, Angola’s Mineral Resources and Petroleum minister, expressed that the decision to depart from OPEC was a carefully considered one
Angola to exit OPEC due to production quotas dispute Read More »
Angola, Nigeria push for higher oil production in OPEC talks
Angola and Nigeria, two key members of the Organization of the Petroleum Exporting Countries (OPEC), are aiming to secure higher oil production quotas as part of ongoing negotiations within the group.
Angola, Nigeria push for higher oil production in OPEC talks Read More »
Oil bounces back after sharp monthly decline
Both benchmarks have lost over 2% during previous trading session as data indicate oil consumption in the US declined with end of summer driving season
Oil bounces back after sharp monthly decline Read More »