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Oil Rangebound As China Trade Deal, OPEC Output Clash For Attention
27 Oct 2025 23:49 GMT
… the Organization of the Petroleum Exporting Countries (OPEC) would increase output … at $65.68 per barrel, West Texas Intermediate declined … the ongoing perception of weakening demand, and on that score … Insights, agreed, saying the oil market was dealing with …
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PENGASSAN crisis: Dangote refinery redeploys sacked engineers to Borno, Zamfara, others
27 Oct 2025 23:56 GMT
… stipulates that only crude oil unsuitable for local … years of dependence on fuel importation.
The expansion … fuels due to limited local refining capacity.
Dangote said demand for refined petroleum … the Dangote Petroleum Refinery from 650,000 barrels per day …
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India’s US crude imports for Oct highest since 2022
28 Oct 2025 03:11 GMT
… structural shift. India’s oil imports from the United … over purchase of discounted Russian oil.
Latest data from Kpler, … shows US crude imports rising to 540,000 barrels per day … Chinese demand made American shipments competitive for Indian refiners on …
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Dangote unveils ambitious refinery expansion
28 Oct 2025 01:09 GMT
… strategic response to growing regional fuel demand and a strong vote of … continent’s top crude oil producers, its reliance on imported petroleum products continues … are expanding the Dangote Refinery from 650,000 barrels per day to …
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India’s crude oil import from US surges to record level since 2022
28 Oct 2025 02:04 GMT
… country’s crude oil imports from the US reached 540,000 barrels per … Brent and WTI oil prices, along with weak demand from China, made … -grade WTI Midland oil more attractive for Indian refiners. These conditions opened …
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Tinubu pledges support for Dangote Refinery, rallies Africa on $120b oil potential
28 Oct 2025 02:54 GMT
… Dangote Refinery’s planned expansion from 650,000 barrels per … Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, gave … global pressure to abandon fossil fuels.
Citing recent data from … per cent of global energy demand by 2050. Africa must …
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Dangote Refinery targets 1,000MW power boost in $20bn expansion
28 Oct 2025 01:36 GMT
… capacity to 1.4 million barrels per day (bpd).
… on importing refined petroleum products.
Dangote estimated the refinery’s annual … been just to refine oil but to refine opportunities for our … by reducing import-related dollar demand.
“Nigerians today buy …
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OPEC Plans Send Oil Prices Lower as Gas Prices Rise
28 Oct 2025 00:18 GMT
Plans by OPEC to raise oil output sent crude prices slightly lower on … settling at $61.41 per barrel on the New York Mercantile … forecasts pointed to stronger seasonal demand and tighter inventories across … remains key as winter demand begins to shape the …
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Opec plus likely to increase oil output in December
28 Oct 2025 01:46 GMT
… largest oil companies last week, spurring a rally above $66 a barrel … demand heading into the northern hemisphere winter, a fifth source said.
Opec … + comprises the Organisation of the Petroleum Exporting Countries plus …
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NCDMB to train over 10,000 Nigerians in oil, gas sector
28 Oct 2025 02:52 GMT
… gas industry.
The programme, titled “Oil and Gas Field Readiness Training … , including the Petroleum Technology Association of Nigeria (PETAN), the Oil Producers Trade … the Petroleum Technology Development Fund (PTDF) to identify skills in high demand …