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Why Angola left OPEC
18 Apr 2024 09:00 GMT
… the Organization of Petroleum Exporting Countries (OPEC) effective January 1 … to keep up. Chinese national oil companies, in particular, … ’s proven reserves, after Libya (38.7%), Nigeria (29.5% … seeks to prop up oil prices.
OPEC’s membership has changed …
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China Buys into Niger Junta to Secure Oil Supply
18 Apr 2024 06:40 GMT
China’s state-owned oil company CNPC, the China National Petroleum Corporation, … The pipeline is designed to link Niger’s Agadem oil field, … only a single small oil refinery that can process about … or neighboring Nigeria.
Analysts say Niger has reserves of at …
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After conquering Nigeria’s noodle market, company turns to infrastructure
17 Apr 2024 13:33 GMT
… of a pipeline to supply gas directly to … Nigeria experienced political and financial instability in the following years. Oil prices … the facility – are China Harbour Engineering Company, … hosts Nigerian billionaire Aliko Dangote’s new petroleum refinery and …
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Nigeria’s oil sales struggle as unsold cargoes pile
15 Apr 2024 14:36 GMT
… According to Bloomberg, Nigeria’s crude oil sales on the … heavy refinery maintenance in Europe has curtailed demand for Nigerian oil, … remaining unsold.
Nigeria’s crude oil has seen strong … demand from Asian buyers, particularly in China …
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Oil Prices Settle Near $90 Despite Rising Geopolitical Risk
16 Apr 2024 20:38 GMT
… the US, easier access to pipelines, but this year neither … inflation and higher oil prices keep the pressure on gas prices, with net … a newly launched reserve base in east China’s Dongying port … from 2027.
Copper Rallies as Chinese Production Cuts Get Real. …
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Oil sees consistent gains led by geopolitical fears
16 Apr 2024 13:26 GMT
… Petroleum Exporting Countries (Opec) showing strong seasonal summer demand for crude oil … oil prices. In addition, the attacks on Russian energy refineries … in crude oil imports from China during March- … output in Nigeria, Iraq and Venezuela. Oil production in …
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Nigeria’s May Crude Export Falters Over Europe’s Refinery Turnarounds, Freight Costs
15 Apr 2024 11:46 GMT
… .
Demand for Nigerian oil has been curbed by heavy refinery turnarounds in Europe … from buyers in Asia like China and India, the people said … report.
The Organization of Petroleum Exporting Countries, OPEC+ crude output was once … d because of a blocked pipeline
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RMRDC: Saving Nigeria FX through production of essential oils
15 Apr 2024 11:46 GMT
… with solvents, such as ether, petroleum, benzene, acetone or toluene, or … of essential oils are Brazil, China, USA, Egypt, India, Mexico, … essential oils imported into Nigeria were Mentha oil N222,655,364.00 … the Nasarawa Poly plant uses gas and has an output …
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IRENA: Renewable energy is a game changer for energy security amid volatile geopolitics - report
18 Apr 2024 11:01 GMT
… asymmetric dependencies of the oil and gas sector.
Transmission cables … Nigeria and Sudan.
“One recent modelling exercise shows that China … patents were registered in China, the US, Japan, … renewable energy manufacturing, with China dominating 70% of the …
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Gathering storm of major blow-up in the Middle East
17 Apr 2024 23:45 GMT
Jide Osuntokun
April 18, 2024
It is generally known to observers of the situation in the Middle East that there are two armed camps watching each other and ready for war if their interests are threatened. One group is allied around Israel, and the other …