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Nigeria ends fuel subsidy - Vimarsana News

Nigeria ends fuel subsidy

Threatens to squeeze European refiners

End of Nigerian fuel subsidy set to squeeze Europe's refiners - Vimarsana News

End of Nigerian fuel subsidy set to squeeze Europe's refiners

One of Europe's main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the country's domestic demand and a...

Analysis-End of Nigerian fuel subsidy set to squeeze Europe's refiners - Vimarsana News

Analysis-End of Nigerian fuel subsidy set to squeeze Europe's refiners

One of Europe's main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the country's domestic demand and a regional market for smuggled fuel. North America and West Africa (WAF), with Nigeria at the helm, historically have been the top two destinations for petrol exports from Europe, which produces more gasoline than it uses, meaning its refiners rely on exports to support profit margins.

Source: yahoo.com
End of Nigerian fuel subsidy increases pressure on Europe's refiners - Vimarsana News

End of Nigerian fuel subsidy increases pressure on Europe's refiners

One of Europe's main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies

TotalEnergies Defends Price Paid for German Offshore Wind Lease - Vimarsana News

TotalEnergies Defends Price Paid for German Offshore Wind Lease

French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore seabed lease this month…