Druzhba Pipeline Halt: Hungary Vows EU Veto Over Ukraine
Hungary has threatened to block all European Union decisions that benefit Ukraine in retaliation for what it describes as an […]
Global News
OIL
Global News
Hungary threatens EU veto over Druzhba oil blockade
Hungary has threatened to veto all European Union decisions supporting Ukraine in response to Kyiv’s alleged obstruction of Russian oil
African Business News
EU May Revive Russian Gas Imports Amid Middle East Shock
A senior Norwegian official has warned that escalating conflict in the Middle East could force the European Union to reconsider
EO9 Constitutional, Presidency: No Overreach on Oil and Gas
The Nigerian Presidency has defended Executive Order 9 (EO9) on oil and gas revenue management as a constitutional exercise of
Libya Grants Oil Licenses to Foreign Firms After 17 Years
Libya awarded new oil exploration and production licences to several international companies on Wednesday, marking the first such licensing round
Libya Awards Oil Blocks to Foreign Companies After 17 Years
Libya has awarded new oil exploration and production licences to several international companies for the first time in 17 years,
Russia Surpasses Saudi Arabia as China’s Top Crude Supplier
Russia’s seaborne crude oil exports to China surged to a record 1.86 million barrels per day (bpd) in January, a
Lukoil sells assets to Carlyle Group pending US approval
Lukoil, Russia’s second-largest oil producer, has announced an agreement to sell most of its international assets to American private equity
Libya signs 25 year oil deal with TotalEnergies ConocoPhillips
Libya has signed a landmark 25-year oil deal with France’s TotalEnergies and US-based ConocoPhillips, worth over $20 billion in foreign
UK buys $2.15bn Russian oil via India and Turkey loophole
Britain has been circumventing its own ban on Russian oil by importing millions of barrels of fuel processed in India
Venezuela oil seized by US to be sold by Vitol trader
The United States has awarded its first contract to sell seized Venezuelan oil to commodity trader Vitol, following the country’s
Venezuela Oil Seizures US Targets Dozens Tankers
The United States is seeking to expand its control over Venezuela’s oil production and trade, with the Department of Justice