Algeria’s Oil Future Looks Grim
The future of Algeria’s oil industry was called into question earlier this week as its political crisis took hold, and now its future is even more suspect, as its state-run Continue Reading
Basra renews autonomy campaign
The Basra Provincial Council has voted to hold a referendum on creating a new federal region, as local politicians reopen an old populist playbook in response to enduring anger over Continue Reading
The Next Geopolitical Flashpoint For Oil
The removal of long-time Sudanese dictator Omar Bashir by the Sudanese army has been hailed by some as a sign of a new “Arab Spring”. From a Western point of Continue Reading
Nigeria: 800 Companies Bid for 176 Nigeria’s Gas Flare Sites
No fewer than 800 companies have bid for management of 176 gas flare sites in the country, the Minister of State for Petroleum Resources, Ibe Kachikwu, has said. Mr K.achikwu Continue Reading
Nigeria: IMF Advises Nigeria, Others to End Fuel Subsidy
The International Monetary Fund (IMF) has advised Nigeria and other countries still subsidising fuel for domestic consumption to stop doing so. The IMF said fuel subsidy removal would help boost Continue Reading
Nigeria: Govt to Compel All Petrol Stations to Commence Cooking Gas Sale
The Federal Government, Thursday, disclosed that it is working on a legislation, through the Department of Petroleum Resources, DPR, to compel petroleum products marketers to set up gas filling plants Continue Reading
EIA says January residual fuel oil exports to Panama tripled on year
US residual fuel oil exports to Panama totaled 943,000 barrels in January, up more than three times from 303,000 barrels in the year-ago month, Energy Information Administration data showed Thursday. Continue Reading
Up to 200 million pigs to be culled or die from swine fever in China: Rabobank
Up to 200 million pigs could be culled or die from being infected as African swine fever spreads through China, Rabobank said, by far the highest such forecast yet and Continue Reading
BP Pulls Out Of China’s Shale Patch
BP is set to become the latest international major to quit drilling for shale gas in China because of poor exploration drilling results so far, Reuters reported on Thursday, citing Continue Reading
Senate Confirms Bernhardt as Interior Secretary Amid Calls for Investigations Into His Conduct
The Senate on Thursday voted to confirm David Bernhardt, a former lobbyist for the oil and agribusiness industries, as secretary of the interior. The confirmation of Mr. Bernhardt to his Continue Reading