Featured Oil & GasAfter a two-year hiatus, US oil shipment heads to South AfricaIFM CorrespondentJune 1, 2023 by IFM CorrespondentJune 1, 2023 Kpler data show that Saudi Arabia, West and Central Africa, and South Africa are the primary sources of South Africa's oil... Read more
Featured Oil & GasIF Insights: Have the sanctions against Russia worked?IFM CorrespondentMay 25, 2023October 10, 2023 by IFM CorrespondentMay 25, 2023October 10, 2023 One of the primary objectives of the sanctions was to limit Russia's access to the global energy market and reduce its ability to export oil... Read more
Featured Oil & Gas Ports and ShippingTiny Spanish port emerges new hub for Russian oil tradeWebAdminFebruary 6, 2023 by WebAdminFebruary 6, 2023 Since December 5, reported volumes of Russian oil on ships have fluctuated, reaching a new low at the end of that month... Read more
Featured Oil & GasOPEC oil production surges despite intended cutsPrajwal WeleJanuary 11, 2023 by Prajwal WeleJanuary 11, 2023 Many crude streams in Nigeria made more oil in December, and some businesses said that security had gotten better... Read more
Featured Oil & GasCrude oil ends 2022 with second straight annual gainWebAdminJanuary 4, 2023 by WebAdminJanuary 4, 2023 The new CEO of Brazil's state-run oil corporation Petrobras announced that he intended to change the nation's fuel price policy... Read more
Featured Oil & GasDrop in Nigeria’s crude oil production causes major concernWebAdminNovember 10, 2022 by WebAdminNovember 10, 2022 The fall in crude oil production threatens the already precarious finances of the most populous country in Africa... Read more
Featured Oil & GasNow, an app to watch crude oil thieves in NigeriaIFM CorrespondentAugust 26, 2022August 25, 2022 by IFM CorrespondentAugust 26, 2022August 25, 2022 NNPC said it has intensified efforts with its international partners to track Nigeria’s stolen crude, using its unique registration.... Read more
Energy FeaturedLow-income countries might see inflation as energy prices increase: World BankIFM CorrespondentOctober 26, 2021 by IFM CorrespondentOctober 26, 2021 Energy prices are expected to increase by more than 2% in 2022... Read more
Featured Oil & GasSaudi Arabia registers 20% drop in crude oil export in H1 2021WebAdminAugust 23, 2021August 24, 2021 by WebAdminAugust 23, 2021August 24, 2021 The output at oil refineries stood at 2.43 mn bpd during the first six months... Read more
Featured Oil & GasOil prices decrease as Chinese crude import sends warning signalsWebAdminJuly 15, 2021 by WebAdminJuly 15, 2021 Experts warn if OPEC does not agree to raise supplies, high oil prices will lead to demand destruction... Read more