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Exclusive-US working to issue general license lifting some sanctions on Venezuelan oil industry, sources say
27 Jan 2026 20:45 GMT
… ENI, refiner Reliance Industries, and some U.S. oil service … to expand oil output or exports from the OPEC member.
The … export Venezuela’s oil. That facilitated higher crude production and exports … Venezuela’s oil exports to 500,000 barrels per day that …
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Oil Wealth and Economic Reality in Nigeria -By Precious Unwuchola
27 Jan 2026 20:40 GMT
… , Nigeria has depended heavily on crude oil exports as its primary source of … inflation. Rising prices of food, fuel, and basic goods have weakened … portion of its refined petroleum products despite being a major crude oil producer. This …
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Saudi Aramco Raises $4 Billion as Oil Prices Remain Under Pressure
27 Jan 2026 21:50 GMT
… persistently weak oil prices in the low $60s per barrel.
Aramco, … the world’s top crude exporter and biggest international oil … suffering from the lower oil prices that have remained … oil prices are down and well below the $90 per-barrel …
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EXCLUSIVE: Dangote Refinery Continues Diesel, Feedstock Imports Amid RFCC Operational Challenges
27 Jan 2026 21:51 GMT
… the Dangote Petroleum Refinery continues to … Crude processing in January 2026 was estimated at 280–300 thousand barrels … exporting increased volumes of low sulphur straight run fuel oil … fuel import policies.
When contacted Dangote Refinery and Petrochemicals …
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Russian Crude Piles Up at Sea as India Steps Back
27 Jan 2026 21:50 GMT
… on imports of refined products made from Russian crude, which has complicated … trade flows and refinery economics for … and China absorbing barrels more selectively, Moscow is exporting oil faster than it …
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Russian oil stuck on tankers at sea due to India's import cuts
27 Jan 2026 22:40 GMT
… crude oil on tankers at sea has increased by 60 million barrels … decrease in purchases by Indian oil refineries, which forces Moscow to … s ban on imports of petroleum products made from Russian … Ust-Luga and Primorsk.
Export value and price indicators
The …
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Crude Gains as Geopolitical Risks Grow
27 Jan 2026 21:47 GMT
… glut, as setbacks to Kazakh exports tightened the European market and … have disrupted a number of refineries on the Gulf Coast and … sanctions on the South American crude giant's energy sector … settle at $67.57 a barrel.
What do you think? We …
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London Trial: How Diezani Allegedly Took Bribes As Nigeria’s Oil Minister
27 Jan 2026 23:14 GMT
… of the Organisation of Petroleum Exporting Countries (OPEC), appeared at the … that individuals seeking “lucrative oil and gas contracts” … Nigeria’s state-owned oil firm offered Alison-Madueke … Atlantic Energy and SPOG Petrochemical groups.
Both companies were …
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UK begins bribery trial of former Nigerian oil minister Diezani Alison-Madueke
27 Jan 2026 20:47 GMT
… the award of lucrative oil and gas contracts.
British … steer “multi-million-pound” oil and gas contracts toward … in allegedly corruption-linked oil proceeds that had been … the Organization of the Petroleum Exporting Countries (OPEC), a position she held …
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Ex-Opec president and oil minister accused of enjoying ‘life of luxury’ from bribes at UK trial
27 Jan 2026 20:24 GMT
… contracts with the Nigerian National Petroleum Corporation (NNPC) or its subsidiaries … president of the Organisation of Petroleum Exporting Countries (Opec) for one year between …