The global crude oil market is experiencing a profound transformation, driven by a stark imbalance between supply and demand, compounded by escalating geopolitical tensions that are redefining trade patterns. As projections extend through 2030, these dual forces are not only altering the pathways
In a striking turn of events, oil prices have plummeted, with Brent crude futures dipping to $66.37 per barrel and U.S. West Texas Intermediate (WTI) crude settling at $62.37 per barrel, marking declines of 1.7% and 2.0%, respectively. This sharp downturn has sent ripples through global markets,
What happens when a nation’s tax policies choke its own industries, pushing giants to seek refuge in foreign markets? Pakistan’s largest refiner, Cnergyico, finds itself in this very predicament, forced to pivot dramatically as domestic sales crumble under the weight of punitive taxation. With
In the heart of Nigeria's bustling oil and gas sector, a potential disaster loomed large as tensions between workers and management at one of the country's most significant industrial projects threatened to boil over into a full-scale strike. Dangote Refinery, a cornerstone of national economic
I'm thrilled to sit down with Christopher Hailstone, a renowned expert in energy management and utilities, whose extensive background in renewable energy and grid reliability offers invaluable insights into the evolving landscape of global energy projects. Today, we're diving into Japan's JERA and
In a world where global trade is already under strain, imagine a critical industry like petrochemicals facing an additional 15% decline in trade volume due to policy barriers. This alarming scenario unfolded as a central concern at the Asia Pacific Petroleum Conference (APPEC) in Singapore, where
