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After COP30, Brazilian oil continues its rush towards the global market
05 Dec 2025 19:35 GMT
… ’s crude oil production has now passed more than 4 million barrels a … OPEC+, a group that brings together allies of the Organisation of Petroleum Exporting … number of fossil fuel lobbyists and representatives attending. Petrobras only sent second …
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Media: EU And G7 Want To Cut Russia's Oil Revenues In A New Way
05 Dec 2025 21:07 GMT
… all but stopped importing Russian oil since 2022, the new measure … services.
Russia exports more than a third of its oil by tanker … third countries to buy Russian oil using Western services, but only … to lower restrictions on crude from $60 a barrel to $47.6 …
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Why we continue to reduce petrol price – Dangote
05 Dec 2025 23:25 GMT
… months, Dangote Petroleum Refinery & Petrochemicals reaffirmed its commitment … petrol, despite global crude oil price fluctuations.
On 6 November the refinery reduced its petrol … still have to export,” he said.
Speaking … 1.25 million barrels per day; we …
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Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
05 Dec 2025 22:16 GMT
… said.
Opec+ includes the Organization of the Petroleum Exporting Countries …
State refiners Indian Oil Corp and Bharat Petroleum Corp … handles liquefied petroleum gas, oil products and petrochemicals, as well … 1 million barrels per day of crude oil production, …
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Dangote refinery to ‘keep lowering prices’ to compete with importers
05 Dec 2025 20:49 GMT
… .
The billionaire said petroleum products (diesel and petrol) “will continue to … so we still have to export.”
He explained that domestic … refinery plans to increase capacity to 1.4 million barrels … crude sells at a premium, and so some of the international oil …
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There’ll be no fuel queues during yuletide, Dangote assures Nigerians
05 Dec 2025 21:26 GMT
… the refinery had notified the Nigerian Midstream and Downstream Petroleum … 50 million litres of petrol daily, surpassing national consumption … added, “So, we must export. Even our neighbours won’t … administration’s naira-for-crude policy, describing it as …
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Round-up: New oil & gas discoveries take center stage as LNG momentum grows
05 Dec 2025 22:15 GMT
… Petrobras and Shell increased stakes in two pre-salt oil … Atradius withdrawal.
𝐑𝐢𝐠 𝐥𝐨𝐠𝐬 𝐢𝐧 𝐨𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐝𝐫𝐢𝐥𝐥𝐢𝐧𝐠 𝐝𝐢𝐚𝐫𝐲
◈ Petroleum Marine Services and ABL have … large crude carriers (VLCCs), two LNG dual-fuel Suezmax … lenders after the UK Export Finance (UKEF) and …
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Dangote: Refinery Ready To Deliver 50m Litres Daily, Fuel Queues Now History
05 Dec 2025 21:20 GMT
… Refinery has formally notified the Nigerian Midstream and Downstream Petroleum … exports to neighbouring countries, reducing the incidence of fuel … on recent declines in petrol and diesel prices, … administration’s naira-for-crude initiative, describing it …
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How Global Events Shape Crude Oil Prices
05 Dec 2025 19:29 GMT
… exporting groups decide to expand output, traders expect more barrels … risks
Crude oil must be shipped long distances to reach refiners. … restrict certain types of fuel use can influence consumption … sources away from fossil fuels which can influence their …
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Fuel queue era gone forever – Dangote
05 Dec 2025 19:50 GMT
… Petroleum Regulatory Authority (NMDPRA), the midstream regulator, to notify it of refinery … , we have been having fuel queues since 1972 and you … So we still have to export.”
He promised that going forward … Reliance is 1.25 million barrels per day, we will be …