Oil - Page 4

Nigeria Claims to Shut Down Nearly 300 Illegal Oil Refineries

The Premium Times of Nigeria on Tuesday published an update from the Nigerian government on its war against oil poachers. According to the Eastern Command of the Nigerian Navy, 27 smuggling vessels were captured over the past year, and 294 illegal refineries were located and shut down.

A view of an illegal oil refinery destroyed by members of the NNS Pathfinder of the Nigeri

Wall Street Journal Claims Japan Broke U.S.-Led Russia Oil Price Cap

The Wall Street Journal, citing a Japanese government source, claimed on Sunday that Japan is now buying Russian oil above the $60 per barrel cap imposed by the Group of Seven (G7) nations and Australia in December to keep Moscow from using massive oil profits to finance its invasion of Ukraine.

Fumio Kishida, Japan's prime minister, speaks during the National Defense Academy's gradua

Xi and Putin Attack U.S. ‘Biolabs,’ No Mention of Wuhan

Chinese dictator Xi Jinping and his Russian junior partner Vladimir Putin emerged from meetings in Moscow on Tuesday to issue various declarations and joint statements. One of them expressed “serious concern” about the “military biological activities” of the United States and demanded “clarifications” from the U.S. government.

Russian President Vladimir Putin meets with China's President Xi Jinping at the Kremlin in