Saudi Aramco is offering extra crude shipments for prompt delivery to Europe between late October and mid-November, contacting traders directly…
Read More
EU Still Pays Russia €286 Billion for Fuel Despite Sanctions
EU countries have paid Russia roughly €286 billion for oil and gas since the 2022 full-scale invasion of Ukraine, Deputy…
Read More
Brent crude crashes below $100 as Europe weighs emergency oil release
Brent crude fell below $100 per barrel and West Texas Intermediate dropped under $90 as markets reacted to reports that…
Read More
Carbon Capture Startup Now Drills 70 Million Barrels of Oil
Spiritus, a Los Alamos direct air capture startup, has pivoted to selling captured carbon dioxide for enhanced oil recovery after…
Read More
EU Deforestation Rules Could Block Nigerian Palm Oil Exports
Solidaridad Nigeria has introduced a Sustainable Management Plan targeting oil palm production in Akwa Ibom, Cross River, Enugu, and Kogi…
Read More
Sweden seizes a Russian shadow fleet ship for Ukraine as Moscow strikes Odessa vessels
Sweden just boarded and impounded a vessel from Russia’s shadow fleet, handing it over to Ukraine as Moscow bombed civilian…
Read More
EU Unlocks $48 Million Pathway by Seizing Shadow Fleet Oil
A shadow fleet of aging tankers secretly funds operations that Western sanctions were designed to starve. Now the EU is…
Read More
Norway’s Prime Minister Misled Europe About Arctic Gas Claims While Lobbying for Oil Expansion
Norwegian Prime Minister Jonas Gahr Støre has been actively lobbying European officials, including EU commissioner Josef Síkela and Arctic adviser…
Read More
Recycled Base Oil Market Set to Nearly Double Its Reach by 2035 as Stricter Regulations and Surging Crude Costs Force a Global Lubricants Rethink
The global recycled base oil market is entering 2026 at a pivotal moment, driven by tightening environmental regulations, rising virgin…
Read More
87% Built and Already Firing: EACOP Cuts Thousands of Local Workers as Africa’s Biggest Pipeline Nears Completion
As construction of the East African Crude Oil Pipeline (EACOP) approaches 87 percent completion, operator Eacop Ltd has begun mass…
Read More
