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Vitol Pushes Back Peak Oil Demand Forecast
09 Feb 2026 14:49 GMT
… a network of refineries and filling stations.
Oil demand is now expected … will be about 5 million barrels a day higher than … jet fuel to grow to represent 9% of all oil demand by … called sustainable aviation fuels that might substitute oil face cost barriers …
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Dangote Refinery tops fresh list of Africa’s largest functional refineries in 2026
09 Feb 2026 12:48 GMT
… barrels of crude oil daily while importing refined fuels such as petrol, diesel and aviation fuel … 650,000 barrels per day
The Dangote Petroleum Refinery stands unmistakably at … meeting fuel demand in the densely populated Cairo region.
Dangote Refinery …
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Turning lignocellulosic biomass into sustainable fuels for maritime and aviation transport
09 Feb 2026 15:23 GMT
… can directly substitute fossil fuels in conventional oil refineries, helping to reduce emissions … renewable marine fuel demand and around 5% of the aviation fuel demand by 2035 … turn into fuels like diesel or jet fuel using existing refinery equipment. The …
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Russia’s Crude Output Shrinks as US Raises Energy Pressure
09 Feb 2026 12:55 GMT
… 9.28 million barrels a day of crude oil last month, … Petroleum Exporting Countries and allies.
Russia has classified its data on oil … production, exports and refinery operations, making … the group expects global oil demand to pick up starting …
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India Pulls Back From Russian Oil as U.S. Trade Deal Nears
09 Feb 2026 11:57 GMT
… Russian crude oil.
If the Reuters information is accurate, it means refiners will … tariff squeeze that prompted Indian refiners to reduce purchases from Russia … on imports to meet its crude oil demand. Because of this, the country …
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Petrol importation resumes to close local refinery supply gaps – Marketers
09 Feb 2026 14:24 GMT
… frustrating the Dangote Petroleum Refinery but rather reflects … to 1.4 million barrels per day,” an … refineries.
He said demand does not pause while refineries resolve operational challenges.
Fuel … logistics bottlenecks, or crude supply constraints can quickly …
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The Petroleum Industry Act: Opportunities, compliance risks, and strategic imperatives for energy investors
09 Feb 2026 14:23 GMT
… crude production averaging between 1.7 million and 1.83 million barrels … the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), … late 2026, creating immediate demand for capital, rigs and … hungry for gas and refined products.
But the new …
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Global Oil Market Faces Supply Glut Fears Despite Fresh Price Gains
09 Feb 2026 14:39 GMT
… oil market could still face excess supply. Production increases from OPEC … global oil output may exceed demand by several million barrels per … balance between supply and demand.
As a result, … trigger sudden movements in crude prices. For large importers …
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Shell needs big discovery or deals as oil, gas reserves dwindle
09 Feb 2026 14:53 GMT
… of 350,000-800,000 barrels of oil equivalent per day by … of energy could curtail oil and gas demand.
Current Reserve Status
However … such a transition lagging and demand still climbing, the focus … through the decade while keeping crude volumes flat. It is …
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Namibia Blocks TotalEnergies-Petrobras Oil Deal and Tells the World: Our Rules or Nothing
09 Feb 2026 12:09 GMT
…
Namibia Blocks TotalEnergies-Petrobras Oil Deal and Tells the World … field, estimated at 10 billion barrels.
TotalEnergies plans to pump … a bill creating a new oil regulator inside the presidency. … say Namibia is right to demand respect, pointing to Mozambique …