Russia's Oil first quarter Revenues Rebound as Exports Surge to Three-Year High

Russia’s Oil first quarter Revenues Rebound as Exports Surge to Three-Year High

Russia’s Oil first quarter Revenues Rebound as Exports Surge to Three-Year High  Russia’s crude oil and refined product exports surged in March to the highest level since April 2020, as fuel exports jumped, bringing $1 billion more to Putin’s oil revenues last month compared to February, the International Energy Agency (IEA) said on Friday.  …

Nigeria Extends its EEZ from 200 to 350 Nautical Miles

Nigeria Extends its EEZ from 200 to 350 Nautical Miles

Nigeria Extends its EEZ from 200 to 350 Nautical Miles  The Federal Government through the National Boundary Commission has gotten approval to extend its Exclusive Economic Zone, EEZ, from 200 Nautical Miles to 350 Nautical Miles. Recall a little over ten years ago, Nigeria applied for the extension of its Exclusive Economic Zone through the…

Novatek seen Winning Big from Shell’s Sakhalin-2 Stake
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Novatek seen Winning Big from Shell’s Sakhalin-2 Stake

Novatek seen Winning Big from Shell’s Sakhalin-2 Stake Russian natural gas producer Novatek has scooped a lucrative deal with its purchase of Shell’s stake in the Sakhalin-2 energy project, analysts said on Thursday. Sakhalin-2’s operating company was transformed into a Russian entity via a presidential decree in June amid Western sanctions against Moscow over its…