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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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Apr 20, 2026 / Tyler Durden
Populism Is Not Dead Yet: Bulgaria's Pro-Russia Ex-President Radev Wins In Landslide Victory
Populism Is Not Dead Yet: Bulgaria's Pro-Russia Ex-President Radev Wins In Landslide Victory
Despite Orban's loss in Hungary earlier this month, Europe's populist right is not dead by a longshot. Official results released Monday show former President Rumen Radev’s Progressive Bulgaria coalition capturing roughly 44.6-44.7% of the vote in Sunday’s snap parliamentary elections, delivering an absolute majority of approximately 130-135 seats in the 240-seat parliament. It marks the first time since 1997 that a single political force in Bulgaria will be able to govern without coalition horse-trading.
Radev, who stepped down...
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Jun 11, 2026 / Dave DeCamp
After Killing Three Indian Mariners, US Bombs Another Tanker in the Gulf of Oman
US Central Command announced on Thursday that it bombed an oil tanker for the third time this week in the Gulf of Oman as part of its enforcement of the blockade of Iranian ports, which comes after India confirmed the previous US attack on a tanker killed three Indian crew members. CENTCOM said its latest […]
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May 18, 2026 / Kyle Anzalone
US Rejects Latest Peace Proposal From Iran
A senior US official said that the latest offer received from Iran was unacceptable, and President Donald Trump was considering breaking the ceasefire with Iran. According to a senior official and a second source speaking with Axios, the White House views the Iranian proposal presented to the US on Sunday as insufficient. Trump is expected […]
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