China will generate half of its electricity from non-fossil fuel sources by 2030 while maintaining high…
Tag: Crude Oil
Ukraine Strikes Two Russian Oil Refineries Overnight
Ukraine has targeted two Russian oil refineries in Krasnodar and Yaroslavl as part of its campaign…
Dangote Refinery Targets 1.4m bpd Expansion
Dangote Refinery processed 700,000 barrels of crude oil per day during a performance test, surpassing its…
Saudi Arabia, Russia Call for Energy Market Stability
Saudi Arabia and Russia have urged greater stability in global energy markets as conflicts in Iran…
China Leans on Iranian Oil
China relies heavily on Iranian oil imports, leaving it particularly exposed to supply disruptions. Data show…
NNPC’s ₦7.1trn Energy Push Delivers ₦5.4trn Profit
The Nigerian National Petroleum Company Limited (NNPCL) spent ₦7.1 trillion in 2024 on what effectively amounts…
Russia Deepens Oil Ties with China
Russia plans to increase crude oil exports to China by extending existing agreements, Deputy Prime Minister…
$100m Investment: Emadeb Achieves First Oil at Ibom Field
Emadeb Petroleum Exploration & Production Company Limited started commercial crude oil production from its Ibom Field…
China’s Crude Imports Jump as Other Commodity Purchases Falter
Amid the highest Chinese refinery throughput so far this year, China’s crude oil imports jumped in…
Senate Uncovers Nigeria’s $300bn Oil Theft Scandal
Auditors appointed by the Nigerian Parliament have uncovered the vast scale of Nigeria’s oil theft scandal.…