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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…
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 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…
LNG
Watch: Nigeria’s Gas ‘Revolution’ Pressing Forward With Inauguration of 5 Mini LNG Plants
Groundbreaking ceremonyThe Nigerian National Petroleum Corporation (NNPC) and its partners have held a groundbreaking ceremony for five mini-liquefied natural g…
Crude Oil
Ecopetrol, OXY to Drill 34 Wells in Permian Under Development Plan Extension
Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of…
OPEC
OPEC+ Sticks to Oil Output Plan After Trump’s Price Demand
An OPEC+ panel on Monday reaffirmed the oil cartel’s plan to gradually hike output starting from April, after US President Donald Trump called for lower p…
Floating Solar
Floating Solar Could Reach Lcoe of $0.053/Kwh in Saudi Arabia
The King Fahad Dam is a gravity dam in southwestern Saudi Arabia.Scientists from King Fahd University of Petroleum and Minerals (KFUPM) in Saudi Arabia have con…
Crude Oil
Another Oil & Gas Discovery of ‘Great Importance’ Springs up Offshore Kuwait
Kuwait Petroleum CompanyKuwait’s state-owned E&P company Kuwait Petroleum Corporation (KPC) has confirmed a large hydrocarbon discovery at an offshore fie…
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