Author Archives: finixxgroup

Shell Sells 20% Stake in Brazil Offshore Oil Project Shell has agreed to sell a 20 percent stake in a major offshore oil development in Brazil as part of its ongoing strategy to optimize its global energy portfolio. The transaction reflects a broader industry trend toward partnership-driven project development and capital reallocation. Deal Overview Strategic […]

Oil & Gas Industry Investment Trends Global investment patterns in the oil and gas sector are undergoing significant change in 2026, as producers balance production growth with capital discipline and evolving energy transition priorities. Key Investment Directions Capital discipline: Energy companies are prioritising profitability and cash flow over rapid expansion. Upstream focus: Spending remains concentrated […]

Kuwait Plans Offshore Oil Expansion and Foreign Partnership Drive Kuwait has announced a major strategy to expand its offshore oil and gas sector, inviting international energy companies to participate in the development of newly identified fields as part of a long-term plan to strengthen national production capacity. Expansion Strategy Production target: Kuwait aims to raise […]

Kazakhstan Redirects Kashagan Oil to China After CPC Export Terminal Damage Kazakhstan has begun rerouting part of its Kashagan oil production directly to China following significant damage at the Caspian Pipeline Consortium (CPC) export terminal, which usually serves as the main route for Kazakh crude exports through the Black Sea. Key Developments CPC terminal damage: […]

Global Oil Market Outlook for 2026: Rising Supply and Price Pressure Ahead As the global oil industry moves into 2026, analysts forecast significant changes driven by rising supply levels, improving production technologies, and shifting demand patterns across major economies. Key Outlook Highlights Oversupply expected: Major commodities traders project a substantial oil surplus in 2026 due […]

Oil Prices Show Mixed Movement Amid Shifting Supply and Demand in December 2025 Global oil markets experienced fluctuating price trends in December 2025 as changing supply conditions, evolving geopolitical risks, and easing inflation pressures shaped market sentiment. Market Overview Oil price dip: Brent crude slipped to approximately $62.41 per barrel, while WTI moved toward $58.75 […]

IEA Projects a Large Global Oil Surplus in 2026 The International Energy Agency (IEA) forecasts a significant global oil surplus in 2026 as supply continues to grow faster than demand. The agency reports that rising production from both OPEC and non-OPEC countries could lead to an oversupply of more than 4 million barrels per day […]

World Bank Warns of Potential Supply and Demand Gap in Oil by 2026 The World Bank has issued a new report signaling a potential imbalance in global oil markets by 2026, with supply expected to expand faster than demand. This trend could lead to volatility in energy markets as producers adjust output to maintain price […]

Nigeria Refinery Ramps Up Output Following New Fuel Import Duty A major Nigerian refinery has increased petrol and diesel production after the government introduced a new fuel import duty, supporting local refining capacity and reducing reliance on imported fuels. Updated Analysis The refinery’s output increase follows policy changes that raise the cost of imported fuel […]

PetroChina’s Yunnan Petrochemical Unit to Shut for Two-Month Overhaul Maintenance Shutdown: PetroChina announced that its Yunnan Petrochemical Company will undergo a planned two-month maintenance shutdown from November 15, 2025 to January 15, 2026, temporarily halting crude processing operations at one of China’s major inland refineries. Updated Analysis The Yunnan refinery, located in Anning City, Kunming […]