Russia’s fuel oil exports to India and Turkey jump as prices drop
Photo caption: Oil facility Russia hiked its fuel oil and vacuum gasoil (VGO) exports to India and Turkey in May as buyers preferred to
Category : Energy
Middle East tensions put investors on alert, weighing worst-case scenarios
Photo caption: Oil facility Investors are mulling a host of different market scenarios should the U.S. deepen its involvement in the Middle East conflict,
Nigeria, Germany sign €20m renewable energy deal
Photo caption Solar panels The Federal Government of Nigeria has signed a €20m agreement with the German government to support the country’s energy transition
Dangote blames crude shortage as imports from US surge
Photo caption: President of the Dangote Group, Aliko Dangote The President of the Dangote Group, Aliko Dangote, says his 650,000-barrel capacity refinery is “increasingly”
Marketers mull dialoguing with Dangote over planned nationwide products distribution
Photo caption: MEMAN logo Members of the Major Energies Marketers Association of Nigeria (MEMAN) might dialogue with the management of Dangote Petroleum Refinery over
World Bank Group considers $500m boost for South Africa’s transmission expansion
Photo caption: World Bank logo The World Bank Group is considering financing $500-million of South Africa’s participation in a new credit guarantee facility meant
World markets on oil watch as Middle East tensions flare
Photo caption: Oil facility Brent crude oil is up around 20% so far in June, and set for its biggest monthly jump since 2020
