Hungary Seeks Croatian Help As Russian Oil Flows Via Ukraine Halted
Hungary and Slovakia have formally requested that Croatia authorize the transit of Russian crude oil via the Adriatic pipeline, following the complete suspension of oil flows through the Ukrainian section…
Dangote Drives Nigeria’s Domestic Fuel Supply Above 57% as Imports Retreat
Nigeria’s Dangote Refinery processed a record 40.1 million litres of crude per day in January, representing 57% of tthe otal supply and marking a 25% increase from 32 million litres…
Chevron-Led Joint Venture Signs Major Gas Exploration Deal Offshore Greece
A Chevron-led consortium on Monday signed the lease contracts for oil and gas exploration offshore Greece as the southern European country aims to become a major gas supplier in the…
Eni Makes Major Gas Discovery Offshore Ivory Coast
Eni has made a major natural gas and condensate discovery offshore the Ivory Coast in Africa, in part of what is estimated to be the second largest discovery in the…
China Secures Record Russian Oil Imports as India Reduces Purchases
China’s oil imports from Russia are on track for all-time high of over 2 million barrels per day in February as India is withdrawing from Russian spot purchases and supply…
New Discovery Bolsters Equinor’s North Sea Production Future
Equinor and its partners have made an oil and gas discovery in a prospect near the Gullfaks field in the northern part of Norway’s North Sea, the Norwegian Offshore Directorate…
European Gas Prices Slide as Mild Weather Tempers Supply Fears
Despite fast-depleting gas inventories, Europe’s benchmark natural gas prices plummeted by more than 5% early on Monday as forecasts of milder weather ahead and a plunge in the U.S. benchmark…
Saudi Oil Exports to China Set to Soar as the Kingdom Slashes Prices
Near-term demand for Saudi Arabia’s oil in China is soaring after the Kingdom early this month slashed its official selling prices (OSPs) for Asia to the lowest level versus regional…
