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Oil Servicers Look to Middle East for Growth
08 Feb 2026 12:56 GMT
… . If crude prices drop into the low $50-per-barrel range for … fracking in the US.
Global oil prices have steadily declined in … .
SLB
A rebound in oil production driven by OPEC+ policy and gas … becoming a priority to meet regional demand …
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Firm plans fleet expansion across Africa as oil, gas projects gain momentum
08 Feb 2026 12:03 GMT
… Ekpo, Minister of State for Petroleum Resources (Gas); Iroghama Ogbeifun, Managing … Oyekunle, Permanent Secretary, Ministry of Petroleum Resources; Sen. Heineken Lokpobiri, Minister … vessels are also in demand.
According to her, oil vessels are required …
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India sees no hurdle in importing $500 billion goods from US over five years, Piyush Goyal says demand will far exceed figure
08 Feb 2026 10:42 GMT
… expected to significantly increase demand for equipment imports. He … for such infrastructure.Aviation demand and existing order pipeline … minister said aviation sector demand alone could cross $100 … in addition to oil, LNG, LPG, and crude oil,” he said.Steel …
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Torrance residents call for the ban of ‘flesh-eating’ chemical used at refinery
08 Feb 2026 05:46 GMT
… advocates gathered Saturday to demand the ban of a chemical … s used at a Torrance oil refinery and that they say … health effects.”
The Torrance Refinery uses modified hydrofluoric acid, … , according to the Torrance Refinery.
County Supervisor Janice Hahn …
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India to import $500 billion worth of goods from US, oil shipments set to increase
08 Feb 2026 05:10 GMT
… billion of American crude and petroleum products.
The oil imported by … depends on both the demand of the Indian companies … billion of American crude and petroleum products. The oil imported by … to increase. Also, Indian oil companies have reportedly agreed …
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FAAC: Governors Demand Evidence of Presidential Write-off of NNPC’s $1.42bn, N5.5tn Debt
08 Feb 2026 04:41 GMT
*National oil firm requests more time on $42.3bn alleged under-remittance
*FAAC committee demands physical verification of FEF projects
Emmanuel Addeh in Abuja
The Nigerian governors have demanded evidence of President Bola Tinubu’s recent write-off of …
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EIA data show that US oil demand and production fell to multi-month highs in November.
07 Feb 2026 19:54 GMT
… July in November, while oil demand dropped to its lowest … decline in U.S. crude oil production since May 2025. … oil and petroleum demand in the U.S. dropped?619,000 barrels … . Demand for distillate fuels (which includes diesel, heating oil, and other fuels) …
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Oil is calm ... or is it?
07 Feb 2026 22:43 GMT
… .5 million barrels per day. Venezuela holds the largest crude oil reserves globally … . Its oil is very heavy and … meet the ongoing and increasing oil demand of the USA. This situation …
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Baghdad markets close as tariff hike fuels trader strike
07 Feb 2026 21:25 GMT
… Ministry of Oil sought to downplay reports of fuel shortages, … attributing pressure on petrol stations to higher demand … that “there is no fuel crisis,” saying daily gasoline … as output from Basra refineries increases, adding that production …
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New Year, Same Trend: Av Fuel Cost Continues Slow Descent in 2026
07 Feb 2026 20:23 GMT
… barrel. This slight decline is thanks to softer crude oil prices, slowing demand … growth, and lower hedging costs. Fuel … IATA estimated global jet fuel prices dropped about 9% … expects global aviation fuel use to increase by …