Nigeria Oil Production Boosted by Reduced Signature Bonus
The Nigerian government has reduced the signature bonus for oil production from $100 million to $10 million, a move aimed […]
OIL
NATO Trump urges members to scrap Russian energy purchases
Turkish Energy Minister Alparslan Bayraktar has announced that his country will continue to purchase natural gas from Russia, despite US
Taiwan imports $5bn Russian naphtha despite Ukraine support
Taiwan has become the largest global importer of Russian naphtha, despite supporting Ukraine, according to a report by the Centre
Russia crude exports remain near peak levels despite US pressure
Russia’s seaborne crude exports have remained near a 16-month high, with average daily shipments holding steady at 3.62 million barrels
US ready to replace Russian gas and oil in EU
The United States is prepared to replace all Russian gas and oil exports to the European Union, according to Energy
Hungary rejects EU pressure to cut Russian oil imports
Hungarian Foreign Minister Peter Szijjarto has stated that his country will continue to import Russian oil and gas, despite pressure
Nigeria secures $400m in oil sector decommissioning liabilities
Nigeria’s oil and gas sector is taking proactive steps to mitigate the risks associated with divestment, drawing lessons from costly
Ukraine rejects Russian oil and gas supply to Slovakia
Ukrainian President Vladimir Zelensky has stated that his country is willing to work with Slovakia on alternative energy projects, provided
Oil prices rise amid Russia Ukraine conflict supply concerns
Oil prices have increased due to growing concerns over supply disruptions amid the escalating conflict between Russia and Ukraine. As
India defends Russian oil imports stabilizing markets
India’s oil minister, Hardeep Singh Puri, has defended the country’s imports of Russian oil, stating that they have stabilised markets