Nigeria is shifting its upstream work towards NGLs and natural gas, to better comply with its crude production quota under the OPEC+ agreement, the head of the country’s national oil Continue Reading
The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, stated that Nigeria imported 19.18 billion litres of petroleum products in 2019, while the country’s refineries produced only 166.33 million litres of Continue Reading
Mexico’s future is in large part dictated by the future of its oil and gas industry, and the rolling back of landmark energy reforms has now put that all in Continue Reading
China’s commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is Continue Reading
Farmers took a big hit. Importers of auto parts, furniture and machinery choked down punishing tariffs. Investment between the world’s two largest economies dropped. Much of the U.S. economy is largely Continue Reading
Automakers in China need to get used to a new normal of “low speed growth” in the world’s largest car market, the country’s top auto body said on Monday, as Continue Reading
Ford Motor Co’s ( F.N ) China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that Continue Reading
As major U.S. corporations prepare to close the books on a lackluster year of profit growth, they may need to shore up confidence that 2020 will show significant improvement to Continue Reading
Highlights US still relies on oil imports from Middle East, OPEC Saudi Arabia is second-largest import source for US Security of Iraq’s oil industry is a concern The US still Continue Reading
In just 12 days, Occidental Petroleum Corp pulled off one of the biggest hedges against falling oil prices ever placed by a U.S. energy company. It characterized the transaction as Continue Reading
