-
Peak Oil: Why the world can't break its fossil fuel habit
27 Dec 2025 13:05 GMT
… oil-consuming nations, projects that demand will flatten to around 102 million barrels … .
OPEC, the Organization of the Petroleum Exporting … OPEC countries like Saudi Arabia, the United Arab Emirates and Iraq.
Oil demand … away from fossil fuels.
Jeff Colgan, …
-
Eneos Leads Bids for Chevron Stake in Singapore Refinery
27 Dec 2025 11:19 GMT
… of the world’s demand growth. Some, like … be captured from turning crude oil into consumable fuels.
Chevron invited … joint venture between Singapore Petroleum Company Ltd., a subsidiary … barrels-a-day refinery location on Jurong Island, producing fuels …
-
Oil Prices Drop 2% on Supply Glut Fears, Ukraine Talks
27 Dec 2025 14:12 GMT
… US President Donald Trump.
Brent crude futures fell by $1.60 … .64 per barrel. Meanwhile, US West Texas Intermediate [WTI] crude dropped by … oil supply is expected to exceed demand by 3.84 million barrels per …
-
Rivers community leaders demand accountability from FG over oil pollution
27 Dec 2025 12:39 GMT
Leaders of the Kpean Community in Khana Local Government Area of Rivers State inspects level of pollution in the area
Leaders of the Kpean Community in Khana Local Government Area of Rivers State have urged the Federal Government to be accountable for what …
-
CABINET APPROVES BULK PETROL IMPORT PILOT TO EASE FUEL PRICES
27 Dec 2025 10:00 GMT
… IMPORT PILOT TO EASE FUEL PRICES
By Nelson Zulu
… measures intended to lower fuel pump prices and strengthen … months, allowing demand to be aggregated across multiple oil marketing companies … strengthen risk management across the fuel supply chain, with the …
-
IEA projects massive global oil surplus emerging in 2026
27 Dec 2025 05:09 GMT
… continues to outpace demand growth
The world’s total crude supply is … projected to rise to 3.0 million barrels … 2.4 million barrels per day in 2026. The OPEC+ countries are … for the petroleum reserve
The record level of expected oil surplus in …
-
Business InsightsWhy the build-up of oil at sea doesn't signal a collapse in demand just yet
27 Dec 2025 04:45 GMT
… , refinery constraints, and structural shifts in global oil flows … demand.
Kpler estimates that the additional 215 million barrels of crude … ; Opec+ producers (excluding sanctioned barrels); and large non-Opec+ producers … : 8-speed auto
Fuel consumption: 9.1L…
-
Business InsightsWhy the build-up of oil at sea doesn't signal a collapse in demand just yet
27 Dec 2025 04:14 GMT
… bottlenecks, refinery constraints, and structural shifts in global oil flows.
… faltering demand.
Kpler estimates that the additional 215 million barrels of crude- … Venezuela; Opec+ producers (excluding sanctioned barrels); and large non-Opec+ producers in …
-
‘40% shortfall in Nigeria’s January crude oil revenue imminent’
27 Dec 2025 03:28 GMT
… projected revenue for January from crude oil sale may suffer over … nation’s crude has faced extremely tepid buying demand lately with … averaging just 1.2 million barrels per day representing the … the leading African exporter of crude oil to the United States …
-
National Oil Companies Quietly Set The Pace For The Next Decade
27 Dec 2025 03:00 GMT
… downstream and gas while upgrading refineries for higher-margin products, … is chemicals-heavy. As fuel demand flattens, Sinopec is putting … Production reaching about 355,000 barrels a day, the highest … chain, not just in crude and products.
Wood Mackenzie’ …