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Nigeria Needs New Export Markets As UAE's Exit Rattles OPEC
Nigeria Needs New Export Markets As UAE's Exit Rattles OPEC
By Tsvetana Paraskova of Oilprice.com
Nigeria should market its crude oil to new buyers as the UAE’s decision to leave OPEC is dislocating the balance that the cartel and the OPEC+ group have been seeking for years, according to Wole Ogunsanya, chairman of the Petroleum Technology Association of Nigeria (PETAN).
The official urged Nigeria’s state oil and gas firm NNPC and other producers of Nigerian crude to tap new markets.
“When OPEC gives you a quota, it’s left for you to find who...
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May 3, 2026 / Dave DeCamp
US Launches 61st Airstrike of the Year in Somalia
The US has launched another airstrike in Somalia, according to a press release from US Africa Command, as US media continues to ignore the bombing campaign. AFRICOM said in a release on Friday that its forces launched an airstrike against al-Shabaab on April 30, about 30 miles northeast of Kismayo, putting the attack in Lower […]
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Jun 25, 2026 / Dave DeCamp
US Bombs Somalia for 69th Time This Year
US Africa Command announced that its forces launched another airstrike in Somalia, marking at least the 69th time the US has bombed the country this year as the Trump administration continues a record-shattering bombing campaign that receives virtually no US media coverage. AFRICOM said the strike was launched on June 23, targeting al-Shabaab about 14 […]
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Aug 8, 2026 / Tyler Durden
How The UAE Has Kept Its Oil Flowing Through Hormuz
How The UAE Has Kept Its Oil Flowing Through Hormuz
By Tsvetana Paraskova of OilPrice.com
The United Arab Emirates has managed to boost its oil exports to pre-crisis levels as early as June, as it has kept pushing crude through the Strait of Hormuz and outside it.
The UAE, which left OPEC on May 1, has found workarounds to the blockage at the Strait of Hormuz. It has been shuttling crude through the chokepoint to load it on larger vessels outside the Strait, maximizing the use of its onshore pipeline to...
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