• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 29 mins Could Venezuela become a net oil importer?
  • 7 hours Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 4 hours Tesla Closing a Dozen Solar Facilities in Nine States
  • 10 hours Saudi Arabia plans to physically cut off Qatar by moat, nuclear waste and military base
  • 4 hours Why is permian oil "locked in" when refineries abound?
  • 20 mins Gazprom Exports to EU Hit Record
  • 12 mins Could oil demand collapse rapidly? Yup, sure could.
  • 8 mins Oil Buyers Club
  • 2 hours EU Leaders Set To Prolong Russia Sanctions Again
  • 3 hours Oil prices going down
  • 22 hours Teapots Cut U.S. Oil Shipments
  • 18 hours Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 4 hours EVs Could Help Coal Demand
  • 12 hours Saudi Arabia turns to solar
  • 22 hours Hot line, Macron: Phone Calls With Trump Are Like Sausages Best Not To Know What Is Inside
  • 10 hours China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
Alt Text

Uncertainty Looms Large Over Latin American Oil

While Venezuela is grabbing a…

Alt Text

3 Possible Outcomes From The OPEC Meeting

With the OPEC meeting nearing,…

Alt Text

Is Russia Bailing On The OPEC Deal?

Russia, the world’s largest oil…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Global Energy Advisory October 28th 2016

Politics, Geopolitics & Conflict

• The Niger Delta Avengers have again violated the ceasefire negotiated with the Nigerian federal government, blowing up Chevron’s 100,000-bpd Escravos pipeline. The militant group had warned Chevron against attempting to repair and restart the pipeline. The NDA also said the peace negotiations with Abuja are not moving forward. The latest attack comes just days before President Buhari’s visit to the Delta to discuss the future of the region with local community leaders. According to some, NDA is being supported by southern politicians who want to see Buhari dethroned. The Nigerian South, where the Niger Delta lies, is predominantly Christian, while Buhari, who comes from the North, is a Muslim and took over the helm of the country from a southerner in the 2015 elections. The Delta communities are much poorer than the North, and unemployment rates are higher, causing widespread unrest. In the meantime, while the Nigerian government announced on Tuesday that Shell’s Forcados terminal exports have been relaunched after attacks forced its shutdown in February, our sources in the Petroleum Ministry say that Forcados has been exporting for some time already, but had kept it quiet to avoid retribution from militants.

• Another Mubarak-era official in Egypt has won an acquittal for criminal charges, this time the former oil minister, charges with selling under-priced gas to Israel and squandering public…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News