Ut

Oil & Gas Trade

Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall

Nigeria is currently importing about 79.5 per cent or 31.8 million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortf…

Oil Refinery

BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet

Emmanuel Addeh in Abuja BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, wa…

Natural Gas

KUFPEC Deal to Ensure Energy Security

Petroleum Exploration (Pvt) Limited (PEL) has acquired key energy assets from Kuwait Foreign Petroleum Exploration Company (Kufpec).This strategic move not only…

Oil & Gas Trade

Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US

Oil tankers dock at a floating platform, offshore from the southern Iraqi port cityThe US Energy Information Administration (EIA) announced on Saturday that Ira…

Oil Refinery

Oil Marketers Want FG to Privatise Kaduna, Warri Refineries

Oil marketers, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have called on the Federal Government to privatise …

Gas power plant

Officials Approve Duke Energy’s Plan to Replace Coal With Gas-Fired Units

Regulators in North Carolina have approved Duke Energy’s plan to replace some of the utility’s coal-fired units with natural gas-fired generation.Th…

Biofuel

Indonesian Firms Get 1-1/2 Months to Implement New B40 Biodiesel Mix

Indonesian companies will get a 1-1/2 month transition period to meet the new B40 biodiesel requirement, Deputy Energy and Mineral Resources Minister Yuliot Tan…

SAF

Comstock Fuels Executes License Agreement With Gresham’s Eastern

Comstock Inc. on Dec. 30 announced the execution of a binding agreement between Comstock Fuels Corp. and Gresham’s Eastern (Pvt) Ltd a leading sustainable…

Nuclear Power Plant (NPP)

OPG Says Goodbye to Pickering 4

Ontario Power Generation's Pickering Unit 4 was permanently shut down as planned at the end of 2024."As the year comes to a close and Pickering Unit 4 is re…

Nuclear Fuel

Work Starts on Taiwanese Fuel Storage Facility

The groundbreaking ceremonyA groundbreaking ceremony has been held to mark the long-delayed start of construction of an outdoor dry storage facility for used nu…

SAF

Comstock Fuels Executes License Agreement With Gresham’s Eastern

Comstock Inc. announced the execution of a binding agreement between Comstock Fuels Corp. and Gresham’s Eastern (Pvt) Ltd a leading sustainable energy eng…

Natural Gas

Fixing Iran’s Gas Shortages Needs $45 Billion, Says Oil Minister

Iran needs $45 billion in investment to resolve its chronic winter energy deficit and worsening air pollution, the country's Oil Minister Mohsen Paknejad sa…

Nuclear Power Plant (NPP)

Pakistan Atomic Energy Commission Gets Licence for Chashma Nuclear Plant

The C-5 unit is said to be the largest electricity producing nuclear power plant in Pakistan upon completion.The Pakistan Atomic Energy Commission (PAEC) has se…

Oil Refinery

New Refineries: NNPCL May Cut Crude Supply to Dangote Plant

The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, excep…

Crude Oil

Nigerian Govt Targets 3M Bpd Oil Production by 2025 – Lokpobiri

The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day, bpd, in crude oil productio…