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  • [ June 25, 2022 ] Permian Basin facing new environmental rules that could curb drilling News
  • [ June 25, 2022 ] Cost of Mexico oil refinery rising to up to $12 bln, president says News
  • [ June 25, 2022 ] BP pays UK tax on North Sea business for first time in years News
  • [ June 24, 2022 ] ‘Nigeria expects improved security to boost oil production’ News
  • [ June 24, 2022 ] Industry raises investor confidence concerns over windfall tax at meeting with UK chancellor News
Home2022January

Month: January 2022

News

We are consulting on suspension of fuel subsidy removal

January 31, 2022

OpeOluwani Akintayo Lagos — The Major Oil Marketers Association of Nigeria MOMAN, has said it is currently seeking to consult with the Ministry of Petroleum Resources, the Nigerian Midstream and Downstream Petroleum Regulatory Authority and […]

News

Police warns officers against aiding illegal oil bunkering 

January 30, 2022

Port Harcourt — The Nigeria Police has warned its men and officers against all forms of corruption, particularly aiding illegal oil bunkering activities and other acts capable of tarnishing the image of the force. The Police […]

News

Oil is owned by Niger Delta, not Nigeria

January 30, 2022

Michael Owhoko Lagos — For the records and for posterity, it is imperative to note that oil found in the Niger Delta region belongs to the people of the area.  It is not owned by […]

News

U.S. refiner Phillips 66 posts quarterly profit on demand rebound

January 29, 2022

News wire — U.S. refiner Phillips 66 on Friday posted a fourth-quarter profit, compared with a year-ago loss, thanks to rebound in demand for fuel and other refined products following COVID-19 vaccinations and easing restrictions. […]

News

Shell’s renewables boss steps down after less than two years

January 29, 2022

London — Shell’s head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy […]

News

Smuggled Colombian gasoline flows slow as Venezuelan output bounces

January 29, 2022

News wire — Venezuela’s once comatose oil industry has been stirring lately, and so has a black market in some states for domestic gasoline that is now a cheaper alternative than fuel smuggled over the […]

News

Illegal refinery operators ruining our health, economy

January 28, 2022

Mkpoikana Udoma Port Harcourt — Rivers State Governor, Nyesom Wike says illegal crude oil refinery operators are causing great health hazard to residents in the State and destroying the nation’s economy, warning that his administration […]

News

‘Adopt Zamfara approach in fighting illegal oil refineries’

January 28, 2022

Mkpoikana Udoma Port Harcourt — An Ijaw leader, Udengs Eradiri, says the same approach adopted by the Federal Government in Zamfara State to give the locals an opportunity to benefit from their gold resources should […]

News

‘Selective supply’ making it impossible to sell petrol at official price

January 27, 2022

Lagos — The Independent Petroleum Marketers Association of Nigeria, IPMAN, says selective supply to private fuel depots is making it impossible for petrol to be at the government upper price band. The association disclosed this […]

News

Peru reports small new oil leak during clean-up of prior spill

January 27, 2022

Lima — Peru said on Wednesday that an estimated eight barrels of crude oil leaked off the country’s central Pacific coast as part of the clean-up process following a bigger spill earlier this month. Spain’s […]

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Recent News

  • Permian Basin facing new environmental rules that could curb drilling

    Permian Basin facing new environmental rules that could curb drilling

    June 25, 2022
  • Cost of Mexico oil refinery rising to up to $12 bln, president says

    Cost of Mexico oil refinery rising to up to $12 bln, president says

    June 25, 2022
  • BP pays UK tax on North Sea business for first time in years

    BP pays UK tax on North Sea business for first time in years

    June 25, 2022
  • ‘Nigeria expects improved security to boost oil production’

    ‘Nigeria expects improved security to boost oil production’

    June 24, 2022
  • Industry raises investor confidence concerns over windfall tax at meeting with UK chancellor

    Industry raises investor confidence concerns over windfall tax at meeting with UK chancellor

    June 24, 2022
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