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Nigeria Fails To Lift Crude Oil Worth N485.6billion In 2024
26 Nov 2025 09:28 GMT
… its crude oil production quota as set by the Organization of Petroleum Exporting Countries (OPEC … 67,657,559 barrels of crude oil were supplied to local refiners for processing … showed that the country imported fuel worth N4.13 trillion between …
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Discounts set to draw India back to Russian crude next year
26 Nov 2025 09:31 GMT
… Indian ports supplying its refineries, according to Kpler data … of volumes as being exported by non-sanctioned entities,” … oil in October, snapped up 1 million barrels of heavy crude from Kuwait Petroleum … to buy Russian barrels, its refiners will also look …
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Sanctions shake up $20B Chinese refinery, western partners pull out
26 Nov 2025 11:48 GMT
… Russian oil purchases in July. Since then, it has been importing crude … opened its 400,000 barrel-per-day refinery last year and lined … diverting more petrochemical output to the domestic market after export clients stopped …
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Colombia’s Petro Claims Trump’s Venezuela Push Is Really About Oil
26 Nov 2025 10:37 GMT
… of Colombia, Gustavo Petro, told CNN in an interview.
“(Oil) is at … , the country’s crude exports topped 1.09 million barrels per day in … .
Gulf Coast refiners that previously depended on Venezuelan barrels have already turned …
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From Oil to Algorithms — Why the GCC’s Economic Future Is Digital, Not Fossil
26 Nov 2025 11:40 GMT
… the new oil — and the Gulf intends to become OPEC 2.0 … to knowledge creation
Instead of exporting crude oil, the GCC is now investing … does not depend on a barrel price.
From traditional labour markets … not be built on fossil fuels, but on the intelligence, …
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Major oil product theft and smuggling channels identified in Kazakhstan
26 Nov 2025 11:25 GMT
… 26. KazTAG – Major oil product theft and smuggling channels … transportation, and smuggling of oil products. In November, police … petroleum products abroad.
"According to preliminary data, the company exported … with 300 tons of fuel, were detained at a …
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Brazil Seeks a Roadmap With Scientists and Oil Companies to Keep the Fossil Fuel Phase-Out Proposal Alive
26 Nov 2025 10:02 GMT
… oil wells off the Amazon coast.
With no mention of fossil fuels … even the Organization of the Petroleum Exporting Countries (OPEC), which, according to him … end of fossil fuels, would continue exploring for oil for several more …
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Oil Firms Slightly in Asian Session as Fed Cut Hopes Offset Supply Concerns
26 Nov 2025 12:42 GMT
… previously restricted Russian energy exports. The energy market faces … to $58.13 per barrel, while Brent advanced 0 … of refined products.
Forward View
In the short term, crude … pace. Without corresponding OPEC+ production discipline, oil could face renewed …
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BB Energy swoops on South Sudan oil cargo to help recover US$100mn debt
26 Nov 2025 11:47 GMT
… cargo of 600,000 barrels of crude oil due to be lifted … used to pay Malaysian oil giant Petronas for its shares in … Sudan and Cathay International Petroleum with a bank guarantee … estimates. Lenders include the African Export-Import Bank (Afreximbank), Qatar …
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Crude Prices Lift Marginally As Talks On Russia-Ukraine Peace Cap Gains
26 Nov 2025 11:09 GMT
… AI, verified by newsroom
Oil prices moved slightly higher … sanctions on Russian energy exports, a shift that could … even as fuel inventories rose, according to American Petroleum Institute (API … estimated crude stocks would increase by 1.86 million barrels in …