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Nigeria may miss generational opportunity due to failure to supply enough crude to Dangote refinery – Expert says
26 Jan 2026 06:05 GMT
… crude supply, which have constrained the 650,000 barrel per day Dangote Petroleum Refinery … to structural relevance in global fuel markets by mid-2026.
Hamzat … Clarity: NMDPRA must fast track export, pricing, and product evacuation approvals …
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Iraq’s Oil Exports Hit 107.65 Million Barrels in December
26 Jan 2026 07:50 GMT
Saudi Arabia’s trade surplus recorded a sharp rise in November, driven by a surge in non-oil exports that pushed the surplus up by 70.2%, highlighting a deepening structural shift in the Kingdom’s economy beyond short-term fluctuations in oil markets.
Non- …
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South Korean refiners target 400 mil barrels of clean oil products exports to Asia-Pacific region in 2026
26 Jan 2026 03:29 GMT
… refiners plan to collectively supply about 400 million barrels of clean oil … supply of gasoline, jet fuel/kerosene and gasoil … access to cheaper Venezuelan crude. This has intensified competition … billion in 2025, but petroleum products exports declined to $45.50 …
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S. Korea's exports of diesel reach all-time high in 2025: data
26 Jan 2026 06:59 GMT
… oil refiners -- SK Energy Co., GS Caltex Corp., S-Oil … barrels, according to the data by the Korea Petroleum Association (KPA).
Total exports … of the 935 million barrels of crude oil the country imported … million barrels driven by strong demand for jet fuel.
…
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Azerbaijan's Second Oil Boom: forecasts and opportunities
26 Jan 2026 08:50 GMT
… million barrels per day.
According to media reports, in 2026, crude oil … allow
Azerbaijan to remain an oil exporter for at least two … up to 100,000 barrels of oil per day. It is … s total oil production.
The head of the Azerbaijan Petroleum Research …
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Oil retailers to raise prices Tuesday as global risks mount
26 Jan 2026 05:57 GMT
… ., Seaoil Philippines Inc., Petro Gazz, and the local … availability of crude grades typically favored by regional refiners.
While … within the Organization of Petroleum Exporting Countries, any threat to … oil production fell slightly to 10.28 million barrels …
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UK Court Begins Corruption Trial Of Former Nigerian Petroleum Minister Diezani Alison-Madueke
26 Jan 2026 07:45 GMT
… President of the Organisation of Petroleum Exporting Countries (OPEC), Diezani Alison-Madueke, is … treatment in the awarding of oil-related contracts. These alleged benefits … over oil contracts and strategic decisions within Nigeria’s petroleum sector …
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Iraqi Oil Export Revenues Exceed $6 Billion in December
26 Jan 2026 08:20 GMT
… revenues exceeding $6 billion from oil exports for the month of December … ministry said, "The total oil exports and revenues for December 2025 … ), amounted to 107,651,061 barrels of crude oil, including condensates, with revenues …
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Reliance stays away from Russian oil, public sector firms lap it up
26 Jan 2026 06:06 GMT
… of Russian crude oil, has not bought any barrels from Kremlin … Lakshmi Mital — Mangalore Refinery and Petrochemicals Ltd and HPCL too … 2025.
State-owned Bharat Petroleum Corporation Ltd (BPCL) bought … Russia’s two biggest oil exporters, that came into effect …
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US oil companies boost Libya investment despite troubled past
26 Jan 2026 07:32 GMT
… comments come as Libya, an Opec member, this week announced … the country add 850,000 barrels per day of additional capacity … executive vice president at Waha Oil Company, that operates Waha oilfield …
Oil and gas account for about 95 per cent of exports and …