Petrol

Nigeria

Dangote Selects Honeywell Technologies for Upgrade Project at Africa’s Largest Petroleum Refinery

Dangote Petroleum Refinery and Petrochemicals FZE has selected Honeywell International Inc. to provide advanced process technology, proprietary catalysts, equip…

Crude Oil

Chevron, Phillips 66, Total Win India’s First Tender to Buy US LPG

Indian state refiners have jointly awarded their first long-term tenders to Chevron, Phillips 66, and TotalEnergies Trading SA to import U.S. liquefied petroleu…

Battery

Sinopec and LG Chem Sign Agreement to Jointly Develop Sodium-Ion Battery Materials

China Petroleum & Chemical Corporation (Sinopec) and LG Chem announced a joint development agreement on key materials for sodium-ion batteries, aiming to advanc…

Oil Refinery

Nigeria’s Dangote Refinery Ramps up Output on Back of New Fuel Import Duty

Nigeria’s Dangote Petroleum Refinery, Africa’s largest oil refinery, announced on Saturday that it is increasing production to meet national petrol …

Oil & Gas Trade

Saudi Aramco and Sonatrach Cut LPG Osps for Nov by 3-4%

Saudi Arabia’s state oil company Aramco and Algeria’s national energy firm Sonatrach have reduced their official selling prices (OSPs) for liquefied…

Natural Gas

Ecopetrol, Petrobras Announce Joint Venture to Market Natural Gas From Colombia’s Sirius Project

Colombia’s state-owned energy company Ecopetrol and Brazil’s national oil company Petrobras announced on Thursday a partnership to jointly market na…

India

IPhone Boom Powers India’s Electronics Exports to Record Highs, Set to Overtake Petroleum

India’s electronics exports are rapidly increasing and could soon replace petroleum products as the country’s second-largest export category, following engine…

Oil Refinery

Dangote Refinery to Expand Capacity to 1.4m Barrels Daily

The Dangote Petroleum Refinery, Africa’s largest refining facility, is set to undergo a major expansion that will increase its production capacity from 65…

Oil Refinery

BPCL Secures Land for $11 Billion Refinery Project in Southern India

India’s state-run Bharat Petroleum Corporation Limited (BPCL) will invest nearly $11 billion to construct a new refinery with a capacity of 180,000 to 240…

Oil Field

Nigeria Approves Shell, Agip Buyout of TotalEnergies’ Stake in Bonga Oilfield

Nigeria’s oil regulator has approved a $510 million agreement by TotalEnergies to sell its 12.5% interest in Oil Mining Lease (OML) 118, which contains the off…

LNG

Mercuria to Supply Botaş With US-Sourced LNG Until 2045

Global energy and commodity company Mercuria has signed a long-term liquefied natural gas (LNG) purchase and sale agreement with Türkiye’s state-owne…

Czech Republic

Orlen Unipetrol to Sell Lubricants Plant in Kolín, Czech Republic

ORLEN Unipetrol Group, based in Prague, Czech Republic, has chosen to cease activities at its industrial site in Kolín and make it available for purchase…

Oil Refinery

SOCAR Agrees to Buy Oil Refiner Italiana Petroli, Sources Say

Italiana Petroli’s founding Brachetti-Peretti family has agreed to sell the oil refiner to the State Oil Company of Azerbaijan (SOCAR), handing the buyer …

Metal

Genesis Receives Approval for Tower Hill Stage One Project in Western Australia

Genesis has received Stage 1 Mining Proposal and Mine Closure Plan approval from the Department of Mines, Petroleum and Exploration for its Tower Hill project i…

Oil Field

New Zealand Prolongs Oil Production Lifespan of OMV’s 16-Year-Old Field to 2037

OMV New Zealand, a subsidiary of Austria’s OMV, has been granted a 10-year extension of its petroleum mining permit (PMP) 38160 for the Maari oil field, l…