Trump: Severe Sanctions for Russia Business Partners
US President Donald Trump warns countries doing business with Russia will face severe sanctions. Read latest developments on US-Russia relations and energy sector impacts.
Category : Search result: Venezuelan oil sanctions
US Threatens Visa Ban on Miyetti Allah Over Religious Persecution Claims
Miyetti Allah rejects US sanctions list inclusion, calls allegations false. Trump administration threatens visa bans, asset freezes. Read full details.
Emadeb Records First Oil Production from Ibom Field
Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.
France Sends Uranium to Russia Despite Sanctions
Greenpeace exposes France shipping reprocessed uranium to Russia for treatment. Legal but immoral trade continues despite Ukraine invasion. Read full details.
Serbia's NIS oil firm faces shutdown amid US sanctions
Serbia confronts a winter energy crisis as US sanctions on Russian-owned NIS threaten oil supplies. President Vučić seeks to avoid confiscation of Russian shares. Read more.
Marseille Faces UEFA Sanctions Over Fan Trouble
UEFA orders partial stadium closure for Marseille after fan incidents during Champions League match. Club fined €71,000 ahead of crucial Newcastle fixture.
Venezuela Hyperinflation Crisis: IMF Projects 548% in 2025
Venezuela faces return to hyperinflation with IMF projecting 548% inflation for 2025. Citizens struggle as bolivar collapses and US sanctions bite. Read full analysis.
Bulgaria Takes Control of Russian Lukoil Refinery
Bulgaria appoints special administrator for Lukoil's Neftochim refinery after US sanctions. Parliament authorizes asset seizure amid energy security concerns. Read full details.
Western Sanctions Backfire: Global Consequences
Excessive international sanctions by Western nations are creating unintended consequences, including global polarization and alternative systems. Discover how this affects Nigeria and the world.
Serbia's Winter Energy Crisis Deepens Amid Sanctions
Serbia faces severe winter energy crisis as US sanctions on Russian-owned NIS refinery threaten fuel supplies. With reserves depleting by November 25, Belgrade's diplomatic balancing act hits critical point. Read full analysis.
Zelensky sanctions associate in $100M fraud scandal
Ukrainian President Zelensky imposes sanctions on ex-business partner Timur Mindich amid a $100M energy sector fraud scandal. Key ministers resign as anti-corruption efforts intensify.
NUPRC's 2025 Oil Licensing Round Ignites Confidence
Nigeria's 2025 oil licensing round announced by NUPRC marks turning point for energy sector. Global investors show renewed interest as reforms boost transparency and production targets.
IEA: Global Oil Supply Outstrips Demand in 2026
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
Nigeria loses $15bn annually to oil theft
Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.
Nigeria Opens 2025 Oil Licensing Round December 1
Nigeria's NUPRC launches 2025 oil licensing round on December 1, earning praise for transparency and potential to boost production beyond 2 million barrels daily.
Nigeria Sets December 1 for 2025 Oil Licensing Round
NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.
Nigeria May Sell NNPC Assets Amid Oil Production Crisis
Federal Government considers selling NNPC assets as crude output plummets. Presidential adviser reveals restructuring plans to revive Nigeria's energy sector. Read more.
Northern Leaders Applaud Tinubu's Oil and Gas Reforms
Stakeholders at North West civic conference commend President Tinubu for Petroleum Industry Act implementation, citing transparency and investment growth. Read more.
Nigeria's Oil Production to Jump 1M Barrels with EMEM FPSO
Nigeria's oil industry receives major momentum as the EMEM FPSO initiative promises to revolutionize production capacity, adding one million barrels per day to national output and strengthening economic growth.
Nigeria's Oil Reserves Risk Becoming Stranded Assets
Energy specialists warn Nigeria faces economic disaster as lack of local expertise and unstable policies threaten to leave billions in oil reserves untapped and worthless.
US Targets Nigerian Officials With Sanctions Over Religious Freedom
American legislators are pushing for sanctions against Nigerian government officials accused of violating religious freedoms, escalating diplomatic tensions between both nations.
Nigeria Not in Panic Mode Over US Threats - FG
The Federal Government maintains Nigeria is not panicking over recent US sanctions threats, emphasizing diplomatic engagement and national stability. Get the full details on Nigeria's strategic response.
US Sanctions Nigerian Organizations - Full List
American legislators have imposed sweeping sanctions on several Nigerian organizations, citing national security concerns. Discover the complete list of affected groups and the implications for Nigeria-US relations.
US Sanctions Miyetti Allah Over Christian Persecution
The United States imposes severe sanctions against Miyetti Allah leaders and other groups for systematic violence against Christians in Nigeria's Middle Belt region.
Ondo Refinery Construction Begins - Economic Boom Ahead
Ondo State celebrates as refinery construction begins, promising job creation, economic growth, and energy independence for Nigeria's oil-rich region.
France Urges EU Sanctions Against Shein Over Labour Concerns
French officials demand EU-wide investigation into Shein's supply chain amid forced labour allegations. Learn how this could impact fast fashion in Europe.
US Lawmakers Seek Sanctions Against Miyetti Allah
American legislators are pushing for severe sanctions against the Fulani group Miyetti Allah, accusing them of systematic religious persecution and human rights abuses against Christian communities in Nigeria's Middle Belt region.
Nigeria Lost $300B to Oil Theft - Senate Probe
Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.
Court dismisses Dangote's ₦100bn suit against NNPC
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
Dangote Refinery Cuts Petrol Prices, Shakes Market
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
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