Dangote Petroleum Refinery has issued a firm clarification in response to recent publications attributed to S&P Global, stating that the reports misrepresent its operations and create a misleading picture of Nigeria’s refining landscape. The company categorically refutes claims, amplified through certain newspaper adverts on Monday, February 9, 2026, suggesting that it imports finished Premium Motor […]Read More

January 26, 2026 India is in no hurry to sign long-term LNG delivery deals as the country’s price-sensitive buyers stall talks and wait for the coming supply glut to pressure sellers into agreeing to lower prices. Some LNG buyers in India, which is much more price-sensitive than China, have been stalling negotiations for over a […]Read More

January 23, 2026 US naphtha has begun arriving in Venezuelan waters, marking an early and telling step in efforts to restart the country’s long-crippled heavy oil production. Ship tracking data showed a tanker chartered by Vitol reaching Venezuelan waters with the first naphtha cargo tied to a new oil deal between Washington and Caracas. The […]Read More