News

*Fuel dispenser pump New Delhi — India’s gasoline demand will likely recover from late August, while diesel consumption is expected to stay weak, an official at refiner Hindustan Petroleum Corp Ltd (HPCL) said on Monday. […]

*SATORP Petrochemical complex – A first in MENA region– At scale to make certified circular polymers Dhahran, Saudi Arabia – TotalEnergies, Aramco and SABIC have for the first time in the Middle East and North […]

*Oil prices – China Q2 GDP growth slows, June crude throughput up from May– Two of three Libyan fields resume output during weekend– Russian oil exports from western ports to fall in Aug -sources Singapore — […]

*Nigerian Navy’s swamp-bogey excavating illegal pipelines from OML18 field – Nabs four suspected oil thieves Mkpoikana Udoma Port Harcourt — The Nigerian Navy Ship, NNS Pathfinder, at the weekend dismantled and excavated an over 2KM illegally […]

Jakarta — Indonesia is planning to launch much-anticipated initial public offerings (IPOs) for its state palm oil planter and upstream oil and gas company in coming months, a deputy cabinet minister said on Friday. IPO […]

*Stacks of crude oil barrels Moscow — Russian oil exports from western ports are set to fall by some 100,000-200,000 barrels per day next month from July levels, a sign Moscow is making good on […]

*Arrested vessel, MT Turall, partially destroyed by the military Mkpoikana Udoma Port Harcourt — A renowned environmentalist and Executive Director of Health of Mother Earth Foundation, Dr Nnimmo Bassey, has berated the NNPC Ltd for […]

Oslo — Norwegian oil group Aker BP on Thursday reported a rise in second-quarter earnings that matched expectations as record output offset weaker prices for oil and gas. Norway’s second-largest listed oil company, partly owned […]

*Crude oil barrels; and a splash of oil appearing in the form of the map of the world London — Oil demand is set to hit a record high this year and the market is […]

Johannesburg, South Africa — Angola and the Democratic Republic of Congo (DRC) are set to make history with the signing of an agreement for the development of Block 14 on Thursday 13 July in Kinshasa. […]