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Paris — Five activist groups have sued French oil major TotalEnergies (TTEF.PA) for a second time over its projects in Uganda and Tanzania in a Paris civil court, they said on Tuesday, after an earlier […]

*Crude oil production line At the meeting, chaired by the new Accountant General of the Federation, Dr Oluwatoyin Madein, the Federal Government received N301.89 billion, the states N265.88 billion and the local governments N195.54 billion. […]

*Hengli Petrochemical’s new refining, petrochemical complex is seen at Changxing island in Dalian, Liaoning province, China July 16, 2018. REUTERS/Chen Aizhu – Ethylene, propylene capacity growth outpaces demand– Glut threatens Asian, European rivals– China’s producers […]

*Petrol tanker fire at Bridge bus-stop along Aba Road, Port Harcourt Mkpoikana Udoma Port Harcourt — A heavy fire from a 33,000 litres fuel tanker has razed Bridge bus-stop near First Artillery Junction, along Port […]

Dhahran/Paris – Aramco and TotalEnergies today awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion “Amiral” complex, a future world scale petrochemicals facility expansion at the SATORP refinery in the Kingdom of Saudi […]

*Petrobras Rio De Janeiro — The chief energy transition officer of Brazil’s Petrobras said on Thursday the state-run oil company may invest in solar power, buying assets or starting from scratch, as it looks to […]

*Oil prices London — Oil prices fell for a second straight session and were headed for a weekly decline of more than 3% on Friday, as a higher-than-expected interest rate hike in Britain and warnings […]

*US oil refinery. Houston — U.S. crude oil refining capacity has reversed two years of declines and climbed by more than 100,000 barrels, to 18.1 million barrels per day (bpd), according to a government report […]