News

*Barrels of crude oil Singapore — China’s June fuel oil imports hit the highest for a month so far in 2023, buoyed by firm purchases of Russian oil, data from the General Administration of Customs […]

Bengaluru — The current global annual investment of around $500 billion into upstream oil and gas would be sufficient to meet peak oil demand in the 2030s, Wood Mackenzie said in a report, debunking the […]

*Comrade Ikechukwu Onyefuru, TUC Chairman, Rivers State Mkpoikana Udoma Port Harcourt — The Trade Union Congress, TUC, has condemned the recent increase in the pump price of the Premium Motor Spirit, PMS, popularly referred to as […]

*Drums of illegally-refined diesel Mkpoikana Udoma Port Harcourt — The 6 Division Garrison of the Nigerian Army in Port Harcourt has apprehended a truck laden with 80 drums of suspected illegally-refined Automotive Gasoline Oil, AGO, […]

*Mele Kyari, Group CEO, NNPC Sam Ikeotuony Abuja — State oil firm Nigerian National Petroleum Company, NNPC, Tuesday increased the pump price of the Premium Motor Spirit, PMS, more popularly known as petrol from N537 […]

*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 […]