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#oilprice.com. × Nigeria Boosts Oil Production Above Its OPEC+ Quota | OilPrice.com. Nigeria exceeded its OPEC+ oil production quota in February due to increased exports and demand from the Dangote refinery, marking the highest overproduction among OPEC+ members.
#Mar.07.2025
#oilprice.com. × Indonesia’s Gas Demand Rising as LNG Starts to Replace Diesel for Power | OilPrice.com. Indonesia has begun replacing diesel with LNG in its power plants, a $1.5 billion project that is expected to boost domestic natural gas demand and potentially lead to future LNG imports.
#Mar.07.2025
#oilprice.com. × Brazil Plans to Use $3.5-Billion Oil Fund to Bolster Economy | OilPrice.com. President Lula da Silva is seeking to utilize Brazil's $3.5 billion social fund, generated from oil and gas revenues, to stimulate the economy amidst record-low approval ratings.
#Mar.07.2025
#oilprice.com. × China’s Oil Imports Down 5% in January and February | OilPrice.com. China's crude oil and natural gas imports fell in the first two months of 2024, influenced by U.S. sanctions on Russian energy and weaker domestic demand.
#Mar.07.2025
#oilprice.com. × Mexico’s President Claims Its Oil Quality Problem Has Been Solved | OilPrice.com. President Claudia Sheinbaum announced that Pemex has resolved the salt content issues in its crude oil, addressing concerns that had impacted exports.
#Mar.07.2025
#oilprice.com. × Oil Prices Set for Solid Weekly Loss on Tariffs and Ample Supply | OilPrice.com. Oil prices experienced a substantial loss, the largest since October, due to U.S. tariffs on Canada and Mexico, signals of comfortable supply levels, and OPEC+'s planned production cut rollback.
#Mar.07.2025
#oilprice.com. × European Leaders Pressure EU To Resume Ukraine Gas Deal | OilPrice.com. European leaders are set to urge EU authorities and Ukraine to intensify talks over a possible resumption of Russian gas transit through Ukraine
#Mar.06.2025
#oilprice.com. × New EU Carbon Market Set to Hit Households and Small Businesses | OilPrice.com. The EU's new Emissions Trading System, set to launch in 2027, is projected to significantly increase costs for home heating and road transportation.
#Mar.06.2025
#oilprice.com. × Tanzania Plans to Launch Its First Oil and Gas Bid Round in Over a Decade | OilPrice.com. Tanzania plans to launch its fifth oil and gas licensing round in May, offering 26 exploration blocks, its first such round since 2014.
#Mar.06.2025
#oilprice.com. × Indonesia Bets Big on Oil With $12.5 Billion Refinery Gamble | OilPrice.com. You are an editor for a website. Write 10 exciting titles for this article, then write one short declarative sentence summarizing the article, then write 10 keywords (no more than 10) for the article d
#Mar.06.2025
#oilprice.com. × Canadian Natural Resources Q4 Profit Dips on Lower Prices | OilPrice.com. Canadian Natural Resources reported a halving of net earnings for the fourth quarter of 2024 compared to the previous year, despite achieving record production, due to declining oil prices.
#Mar.06.2025
#oilprice.com. × U.S. Considers Cutting Iran’s Oil Flows By Inspecting Tankers at Sea | OilPrice.com. The Trump Administration is considering using an international treaty to allow U.S. allies to halt and inspect Iranian oil tankers, aiming to further cripple Iran’s oil exports.
#Mar.06.2025
#oilprice.com. × Mexico Reaches Out to Europe and Asia Oil Buyers After U.S. Tariffs Hit | OilPrice.com. Pemex is exploring new oil export markets in Asia and Europe after the US imposed a 25% tariff on Mexican crude.
#Mar.06.2025
#oilprice.com. × U.S. Oil Exports to India Jump Amid Sanctions on Russia | OilPrice.com. U.S. crude oil exports to India reached a two-year high in February as Indian refiners sought alternative supplies due to U.S. sanctions on Russian oil trade.
#Mar.06.2025
#oilprice.com. × U.S. Buyers of Mexican Crude Trim Purchases | OilPrice.com. U.S. refiners reduced their intake of Mexican crude oil before the implementation of tariffs, citing quality issues such as excessive water content.
#Mar.06.2025
#oilprice.com. × Oil Prices Remain Under Pressure From Trade Tensions and Supply Overhang | OilPrice.com. Crude oil prices remained depressed due to ongoing trade tensions from tariffs and concerns about OPEC+'s planned production cuts, despite a slight recovery from earlier lows.
#Mar.06.2025
#oilprice.com. × Stranded Oil and Gas Assets Could Reach $2.3 Trillion by 2040 | OilPrice.com. A report from the UK Sustainable Investment and Finance Association warns that decarbonization efforts could lead to $2.3 trillion in stranded oil and gas assets by 2040.
#Mar.06.2025
#oilprice.com. × Trump’s Secret Plan To Restart Nord Stream 2 Sparks Backlash in Germany | OilPrice.com. Germany is exploring ways to prevent the resumption of the Nord Stream 2 pipeline under an agreement between the US and Russia as part of the settlement of the war in Ukraine
#Mar.05.2025
#oilprice.com. × Oil Hits One-Year Low on Tariffs Fears, Rising Supply | OilPrice.com. Oil prices declined for the third consecutive day after U.S. crude oil stocks posted a larger-than-expected build, adding to worries about a looming return of more OPEC+ barrels to the market
#Mar.05.2025
#oilprice.com. × Battery Pack Prices Drop Below Key Threshold but China Rules the Market | OilPrice.com. The global average price of EV battery packs has dropped below $100 per kilowatt-hour, a key milestone for EV price competitiveness, with China leading in both market share and lower prices.
#Mar.05.2025
#oilprice.com. × Ukrainian Energy Firm Discusses U.S. LNG Deliveries to Europe | OilPrice.com. DTEK, Ukraine's largest private energy company, is in discussions with U.S. developers to secure more LNG for Europe, aiming to replace Russian gas and strengthen energy security.
#Mar.05.2025
#oilprice.com. × Equinor Makes Gas Discovery in Norwegian Sea | OilPrice.com. Equinor has announced a new gas and condensate discovery in the Norwegian Sea, contributing to Norway's efforts to increase natural gas production and exports to Europe.
#Mar.05.2025
#oilprice.com. × Russia’s Oil and Gas Revenues Dropped by 18% in February | OilPrice.com. Russia's oil and gas budget revenues decreased by 18.4% in February compared to the previous year, affected by lower oil prices and U.S. sanctions.
#Mar.05.2025
#oilprice.com. × Egypt Launches New Oil and Gas Bid Round | OilPrice.com. Egypt has launched a new licensing round, inviting international companies to bid on 13 offshore and onshore blocks to boost domestic oil and gas production.
#Mar.05.2025
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