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NIGERIA OIL PRODUCTION
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...- SEEPCO supplies 6 million barrels of Nigerian crude to Indian refinersAmidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...
- UK imposes new sanctions on Russian shadow fleet after Indian captain arrestAjay Pant, 38, was arrested by the National Crime Agency (NCA) during a joint operation with British armed forces to intercept a Russian sh...
- Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
- OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
- Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...
- India cancels soymeal export deals, turns to Africa for soybean importsIndian traders have cancelled 25,000 metric tons of soymeal export contracts. This is the first time since 2021. They have also booked 80,0...
- Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...
- From uncle's loan in 1977 to $36.8 billion today: The story of a quiet African titan reshaping global energy from LagosAliko Dangote is widely regarded as Africa’s richest businessman and one of the most influential industrialists in the world. His journey b...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
- Price shocks from the Iran war power solar sales in energy-hungry AsiaIran war news: Soaring fuel prices due to the Iran war are pushing consumers in Asia towards rooftop solar power. In the Philippines, insta...
- Gulf shipping standoff hits world’s most vulnerable farmersGlobal supply chain disruptions, exacerbated by international conflicts, are making essential farming inputs scarce and unaffordable for sm...
- China green tech firms target new consumers hit by Iran war energy shockCompanies like Jinko Solar, Chery Automobile, and BYD are seeing surging demand for EVs, batteries, and solar panels in markets seeking alt...
- Nigerian airlines avert shutdown as Mideast war hikes fuel pricesNigerian airlines continued flying on Thursday despite threatening a shutdown over sky-high jet fuel prices roiling the industry in Africa'...
- Why UAE stepped away from OPEC amid Iran war and soaring crude oil pricesUnited Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global ener...
- France unveils plan to ditch all fossil fuels by 2050France has unveiled a groundbreaking roadmap to end its reliance on fossil fuels. Coal use will cease by 2030, followed by oil in 2045 and ...
- UAE's OPEC exit: With cartel cracked, oil spills over geopoliticsIn a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation within the global...
- 10 countries are home to two-thirds of world's most hungry: UN-backed reportA UN-backed report reveals two-thirds of global food crises last year were concentrated in just 10 countries, with Sudan, Nigeria, and the ...
- Nigerian airlines threaten to halt flights over soaring jet fuel pricesNigerian airlines are threatening to halt all flight operations from April 20 if jet fuel prices are not reduced. The Airline Operators of ...
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