Petrol

Oil Price
Oil Settles Flat, Pares Early Losses as Tariffs Delayed
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023.Oil prices settled flat on Thursday, paring earl…
Crude Oil
China National Petroleum Resumes Crude Production in South Sudan
Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said.Th…
Oil Refinery
Dangote Refinery Reduces Diesel Price to N1,020/Litre
Dangote Petroleum Refinery and Petrochemicals says it has reduced the cost of its diesel to N1,020 per litre, down from N1,075 per litre at the gantry price.In …
Oil Price
US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
Some U.S. Gulf Coast refiners have recently paid prices over the Brentcrude benchmark for Trinidad and Tobago's Molo heavy sour crude, the CEO of the countr…
Oil Field
Petro-Victory, ATO to Acquire 13 Oil Fields in Brazil’s Prolific Potiguar Basin
Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the…
Electric Vehicle Charging
Intellihub Completes Installation of 50 EV Chargers on Power Poles
Lake Macquarie Mayor Kaye Fraser, EVSE founder Brendan Wheeler and Shortland MP Pat Conroy charge up at the Redhead Beach charger.State-run Hindustan Petroleum …
Oil Refinery
HPCL Plans to Raise Vizag Oil Refinery Capacity by 20% to Meet Fuel Demand
State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20 per cent to meet growing local …
Natural Gas
NNPC/First E&P Records 96% Reduction in Gas Flaring
The Nigerian National Petroleum Company Limited (NNPC Ltd) and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has succ…
Natural Gas
Nigerian Offshore Fields Reach New Decarbonization Heights With 96% Cut in Routine Gas Flaring
Madu Conductor Supported Platform CSPThe Nigerian National Petroleum Company (NNPC) has tucked a new milestone in the reduction of routine flaring of associated…
Natural Gas
Sarawak Gas Deal Has Limited Impact on Petronas Earnings, Analyst Says
The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, is displayed at their booth during the LNG 2023 energy trade show in …
Oil Shale
Ecopetrol Pressured to Sell U.S. Shale Venture by Colombia’s Leader
Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the U.S., citing his government’s…
Oil Price
Oil Little Changed as Trump Policies Continue to Weigh on Prices
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023.Oil prices edged up in Asian trading on Thursday…
Renewable Diesel
Marathon Petroleum Reports Profitable Q4 for Renewable Diesel Segment
Marathon Petroleum Corp. released fourth quarter financial results on Feb. 4, reporting a profitable three-month period for its newly formed renewable diesel se…
Methane
IPAA Supports Congressional Action to Overturn Methane Tax Enacted by Biden
The Independent Petroleum Association of America (IPAA) has issued a statement on bicameral Congressional Review Act legislation introduced by Senator John Hoev…
Crude Oil
OPEC Monthly Output Down Following Fire at Iraqi Oil Field
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.OPEC’s oil production edged lower l…

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Petrol

Oil Settles Flat, Pares Early Losses as Tariffs Delayed

China National Petroleum Resumes Crude Production in South Sudan

Dangote Refinery Reduces Diesel Price to N1,020/Litre

US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude

Petro-Victory, ATO to Acquire 13 Oil Fields in Brazil’s Prolific Potiguar Basin

Intellihub Completes Installation of 50 EV Chargers on Power Poles

HPCL Plans to Raise Vizag Oil Refinery Capacity by 20% to Meet Fuel Demand

NNPC/First E&P Records 96% Reduction in Gas Flaring

Nigerian Offshore Fields Reach New Decarbonization Heights With 96% Cut in Routine Gas Flaring

Sarawak Gas Deal Has Limited Impact on Petronas Earnings, Analyst Says

Ecopetrol Pressured to Sell U.S. Shale Venture by Colombia’s Leader

Oil Little Changed as Trump Policies Continue to Weigh on Prices

Marathon Petroleum Reports Profitable Q4 for Renewable Diesel Segment

IPAA Supports Congressional Action to Overturn Methane Tax Enacted by Biden

OPEC Monthly Output Down Following Fire at Iraqi Oil Field