Nigerian Oil Terminal Delays Add To Supply Concerns
Following disruptions of the oil flows on the pipeline feeding the Forcados terminal in Nigeria, the facility faces more than two weeks of delays of oil cargo loadings, and no Continue Reading
Nigeria: Niger Delta Militants Threaten Fresh Hostilities, Accuse Govt of Neglect
A coalition of militant groups in Niger Delta, the Joint Revolutionary Council, has threatened to resume hostilities, if the Federal Government fails to address the problems in the region. JRC Continue Reading
Turkmenistan’s Natural Gas Dilemma
Amid much (obligatory) fanfare, Turkmenistan has intensified its spin campaign on TAPI, the long-delayed pipe dream of President Gurbanguly Berdymuhamedov which is supposed to supply Afghanistan, Pakistan and India with Continue Reading
Brazil cuts fuel prices amid strikes
Brazil’s president cuts diesel prices in an effort to bring striking lorry drivers off the picket line. File Photo by Stephen Shaver/UPI May 29 (UPI) — The price of diesel Continue Reading
Brazil oil workers plan strike in new blow to government, economy
SAO PAULO (Reuters) – Brazilian oil workers planned a 72-hour strike starting on Wednesday, despite a court order, in a new blow to President Michel Temer and an economy reeling Continue Reading
Oil major Total says Foz do Amazonas project still alive despite Brazil rejection
French oil major Total said on Wednesday that its plans to drill in the ecologically sensitive Foz do Amazonas basin were still alive, despite Brazil’s decision to reject its drilling Continue Reading
Cuban Oil Refinery Flooded, Oil Spills Into Bay
Cuba’s Cienfuegos oil refinery has sustained damage due to flooding after heavy rainfalls from subtropical depression Alberto, sending an unspecified amount of crude oil into the Cienfuegos Bay. Barriers were Continue Reading
China’s teapot refineries ordered to cut runs as port readies for summit
At least five independent refineries in Shandong, China’s northern province, have been ordered to cut operating rates as Beijing aims for blue skies for a regional summit in port city Continue Reading
U.S. Moves Ahead on China Trade Curbs, Catching Beijing Off-Guard
The Trump administration sent a sudden, harsh message to its Chinese counterparts on Tuesday morning, saying the U.S. was moving forward with its threat to apply tariffs on Chinese imports Continue Reading
White House reboots China trade war with tariffs announcement
The Trump administration said it would proceed with tariffs on $50bn in Chinese imports and broader investment restrictions, rebooting a trade war with Beijing that it claimed was “on hold” Continue Reading