Nigeria’s $20 billion Dangote plant has had to increase imports due to insufficient domestic supplies Nigeria’s Dangote Refinery is in negotiations with Libya to secure crude oil for its 650,000 barrels per day (bpd) plant, […]
Daily Standup Top Stories Global Tech Outage Wreaks Havoc July 20, 2024 Mariel Alumit The disruption underscores just how reliant much of the world is on key software providers. Digital Disruption International air travel, financial services, […]
Slovakia will not be a “hostage” to Ukraine-Russia relations, its Prime Minister Robert Fico told his Ukrainian counterpart in a call on Saturday (20 July), after Kyiv placed Russian group Lukoil on a sanctions […]
Search and rescue operations are underway for the crew of two tankers that caught fire in the South China Sea offshore Singapore. The Maritime and Port Authority of Singapore (MPA) said that a fire broke […]
After initial success, Western energy sanctions are stalling out. Almost two and half years into Russia’s full-scale invasion of Ukraine, Moscow’s war machine still runs on energy revenues—despite unprecedented Western sanctions that took a bite […]
WASHINGTON, July 17 (Reuters) – A federal court in Alaska overturned on Tuesday night an oil and gas lease sale that had been mandated by the Biden administration’s signature climate law as part of a […]
It’s no secret that administrative agencies have significantly overstepped their statutory authority in recent decades. The Supreme Court’s recent Loper Bright ruling—marking the official demise of Chevron deference—is a necessary course correction that offers hope for a return to […]
New data from Vortexa shows VLCC utilisation for OPEC+ – excluding Iran and Venezuela – fell sharply during June and reached a record low earlier this month, as exports from the group, especially Saudi Arabia, […]
Daily Standup Top Stories Ex-Biden Lackey Tells CNBC: To Fix Inflation, Ditch Fossil Fuels And Boost Green Spending July 17, 2024 Andy Del Prado A former Biden official promoted spending billions more dollars on green energy […]
Crude oil prices went higher today, after the U.S. Energy Information Administration reported an inventory draw of 4.9 million barrels for the week to July 12. This was on top of the draw of 3.4 million barrels for the previous […]
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