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 […]
OIL
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
ExxonMobil considers Russia return after Putin approval
ExxonMobil is considering a return to Russia, following a meeting between Russian President Vladimir Putin and US President Donald Trump
Nigeria Sustains Crude Oil Production Above 1.5m Barrels Per Day
Nigeria Sustains Crude Oil Production Above OPEC Quota for Second Consecutive Month Nigeria has successfully maintained its crude oil production
Hungary Slams Ukraine’s Drone Strike on Key EU Oil Pipeline
Hungary has accused Ukraine of jeopardizing its energy security after a reported drone strike targeted a critical section of the
Russia Bans Gasoline Exports Through Aug to Stabilize Domestic Market
Russia has enacted a comprehensive ban on gasoline exports, expanding restrictions to include all petroleum producers in an effort to
EU Sanctions Drive Long-Term Diesel Price Surge, TotalEnergies Warns
European Union sanctions targeting Russian-linked oil supplies have triggered a surge in global diesel prices, with industry leaders warning of
Hungary, Serbia Push Russian Oil Pipeline Defying EU Sanctions
Hungary has advanced plans to construct a 300-kilometer oil pipeline linking the country to Serbia, a project it claims will
Drilling Rig Sinks in Gulf of Suez Killing 4 and Leaving 6 Missing
Tragedy has struck in the Gulf of Suez, where a drilling rig has sunk, resulting in the loss of four