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Cupet expects an increase in crude oil and gas production in 2025, but admits that it will not be enough to stop the blackouts
29 Dec 2025 01:31 GMT
… that nearly all national crude oil is allocated for electricity … does not meet the full demand, which necessitates maintaining imports … , and dependence on imported fuels.
While Cupet insists on … issues of corruption and fuel theft within its facilities. …
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Oil in Exchange for Security and Survival: Nigeria Through the Lens of Realism -By Vitus Ozoke, PhD
29 Dec 2025 00:26 GMT
… is intellectual dishonesty. Call it crude. Call it transactional. Call … American access to Nigerian oil and strategic minerals would … American access to Nigerian oil and strategic minerals, would … The United States should demand a permanent military base in …
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Banks Are Unanimously Bearish On Oil – Is It The Contrarian Opportunity For 2026?
28 Dec 2025 18:37 GMT
… even in that environment, oil majors saw significant performance discrepancies … expects crude to average close to $53 per barrel in … continue to erode supply.
OPEC+ policy adds another layer … strategic stockpiling and industrial demand.
Thus, the market …
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Dutch fuel stations stock up ahead of January excise hike
28 Dec 2025 16:16 GMT
… fuel expert Derk Foolen of consumer collective UnitedConsumers. “The price of crude oil … prospect of a major oil surplus from new OPEC+ production and North … South American oil output, combined with moderate demand.
Throughout 2025, Dutch fuel prices …
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Waha Oil Company successfully completes drilling, testing, and commissioning of new gas wells BB19 and BB20 producing 26 million cubic feet of gas
28 Dec 2025 15:54 GMT
… of gas, along with 770 barrels of condensate, while well BB20 … feet of gas and 840 barrels of condensate, using a 64 … power plant and local coastal demand
This achievement, it added, … natural gas to meet local demand.
Waha Oil Company acknowledged the continued …
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Port Harcourt Refinery Supplies Diesel Despite Shutdown – NMDPRA
28 Dec 2025 14:46 GMT
… put in place to support fuel availability while rehabilitation works at … availability at a time when demand remains strong, particularly from the … functional refineries capable of processing crude oil into a wide range of petroleum products …
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Silver Outpaces Oil Prices for First Time in 40 Years on Green Demand
28 Dec 2025 13:36 GMT
… Texas Intermediate crude oil hovers near $57 per barrel. This shift … from fossil fuels. Prices for WTI crude have declined … boom continues unabated, and OPEC’s production cuts have … eroding gasoline demand, paints a bearish picture for petroleum.
Historical …
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NMDPRA says Dangote refinery petrol supply fell below projection, provided 23.52m litres daily in November
28 Dec 2025 11:27 GMT
… and Downstream Petroleum Regulatory Authority (NMDPRA) says Dangote refinery’s … Downstream Fact Sheet’.
The oil regulator said despite a … guarantee supply during the peak demand period”.
“Twelve (12) … also said Waltersmith refinery’s 5,000 barrel per stream …
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Early exploration fuels white hydrogen buzz in Nova Scotia
28 Dec 2025 11:04 GMT
… using electricity or burning fossil fuels. It is generated by … any economic advantage over conventional fuels. Still, she believes hydrogen … ' fuel
Newfoundland's bet on offshore oil comeback could … ,” he said, adding that demand is likely to follow once …
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UAE fuel rates: Will petrol prices drop in January 2026?
28 Dec 2025 09:17 GMT
… 64 and $56.74 per barrel over the weekend, respectively. … picture: rising inventories, cooling demand growth, and a relatively flat … –21. Spare Opec+ capacity is limited, non-Opec+ growth (notably … benefits from higher, sustained crude prices.
“The key choice …