Oil
Oil independents Aiteo, Eroton, Newcross lose up to 40% of output to Nembe Creek line vandalisation
Aiteo, Eroton and Newcross, three of Nigeria’s oil independents are losing as much as 40 per cent of their crude...
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How much spare capacity does Saudi Arabia really have?
Saudi Arabia has pledged to cover any supply gap that may emerge as Iranian oil goes offline, but how much...
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Oil majors to bet big on Brazil oil amid election uncertainty
Oil majors are set to gather in Rio de Janeiro today to unveil bids for stakes in Brazil’s high potential...
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OPEC meeting sets oil markets up for a price spike
Oil markets seem to be heading to a state of instability, as oil supplies come under severe pressure in the...
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OPEC predicts massive rise in oil production over next five years
World oil production will soar to new records over the next five years, as a dramatic expansion in demand from...
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India cuts Iranian oil imports as US sanctions loom
Indian refiners are reducing their intake of Iranian crude oil in preparation for the return of U.S. sanctions on Tehran....
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OPEC’s Barkindo says “Declaration of Cooperation” has transformed Cartel’s perception
Mohammad Sanusi Barkindo, OPEC Secretary General has said perceptions of OPEC have undergone a profound transformation in the last two...
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OPEC's World Oil Outlook to be launched in Algiers
The 2018 OPEC World Oil Outlook (WOO) will be presented at a press conference to be held at the El...
Read moreOPEC August oil output hits 2018 high despite Iran losses
According to a Reuters survey on Friday, the 15-member Organization of the Petroleum Exporting Countries (OPEC) has pumped 32.79 million...
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Norwegian unplanned gas field outages extended
The duration of unplanned maintenance being carried out on two Norwegian gas fields has been extended, according to network operator...
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