News

February 1, 2022

Nigeria Lost Half A Billion In Oil Revenue To Force Majeure In December

Nigeria, the largest African producer in OPEC, lost an estimated $487.5 million from oil revenues as force majeure and sabotages led to a decline of 6.596 […]
February 1, 2022

Qatar Willing To Sell More LNG To EU Under Certain Circumstances

One of the world’s largest LNG exporters, Qatar, wants the European Union to restrict the resale of gas cargoes outside the EU if Qatar agrees to […]
February 1, 2022

European Oil Industry Rushes To Consolidate

The European energy industry is eager to consolidate and sell assets, a survey by international law firm CMS. According to the survey, three-quarters of energy companies […]
February 1, 2022

Surprise Crude Draw Suggests Tighter Oil Market

The American Petroleum Institute (API) estimated the inventory draw this week for crude oil to be 1.645 barrels after analysts predicted a build of 1.833 million […]
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