Iraq Wants to Double Oil Output—and Needs OPEC to Get Out of the Way
Baghdad is targeting output of between 8 million and 10 million barrels per day, up from roughly 4 million bpd before the Iran war, Prime Minister Ali al-Zaidi
Tankers Wait a Month as Venezuela Hits an Oil Export Ceiling
Tankers are waiting as long as 30 days to load Venezuelan oil as aging terminals, power outages and crude-quality problems create a de facto ceiling on exports
India Boosts Battery Investment to Cut Solar Power Waste
Solar power developers in India have started to add battery storage to photovoltaic projects to attract buyers and reduce the large share of curtailments for po
China’s Teapots Look Beyond Iranian Oil amid U.S. Blockade
China’s refiners have imported lower volumes of Iranian crude in August compared to July as the U.S. blockade reinstated in mid-July is squeezing crude supply t
Ukrainian Drone Attack Hits Lukoil Refinery Deep in Russia
Ukraine overnight hit with drones an oil refinery in the Perm region, deep into Russian territory
Saudi Oil Exports from Mediterranean Soar with Shuttles North to Avoid Houthis
Saudi Arabia has boosted its crude oil exports from Egypt’s Mediterranean port of Sidi Kerir by about 33% in the month since the Houthis threatened Saudi oil sh
East African Nations Offered 30% Share of Dangote’s Kenya Mega-Refinery
Dangote Group is offering East African countries a combined 30% stake in its planned $17 billion, 700,000-bpd refinery in Lamu, Kenya.
Nigeria Eyes $50 Billion Offshore Oil and Gas Investment Boom
Nigeria expects a wave of offshore projects worth as much as $50 billion to help revive investment and support its goal of producing 3 million barrels of oil pe
Iranian Oil Supply to China Is Rapidly Drying Up
Iranian crude available to Chinese refiners is rapidly running out as the U.S. blockade restricts new exports, forcing buyers to seek Russian crude and other re
China’s Oil Imports Set to Rebound as Refiners Hunt for New Supply
China’s crude imports are expected to rebound sharply in the fourth quarter as refiners replace disrupted Middle Eastern supplies, although high prices are limi