Domestic airlines under the aegis of Airline Operators of Nigeria, on Monday, demanded that the Federal Government should allow AON procure the requisite licence for the importation and dist… Read More
Mexico has put restrictions on the import of dozens of refined petroleum and petrochemical products to curb fuel theft and adulteration, its official gazette showed on Monday, including cert… Read More
Wars and pandemics — geopolitical and global health crises causing widespread suffering and death — have the side effect of hiking profits in certain industries. Wars inflate re… Read More
Fear In NNPC As Dangote Struggles To Get Approval To Operate Refinery
The Dangote Refinery, a significant undertaking in Nigeria, is enmeshed in new controversy. This time, there is tension… Read More
Dangote Refinery Awaits Crude from NNPC Amidst Loan Swaps – The much-anticipated Dangote Petroleum Refinery, which promised to be a game-changer in Nigeria’s oil sector, is… Read More
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Petroleum product prices are anticipated to increase once more later this week as a result of currency devaluation and rising global oil costs.
Accordi… Read More
• N318 billion subsidy now paid monthly
• Marketers lament inability to import as NNPC maintains monopoly with FX access
There are indications that the Federal Government may… Read More
The history of ocean shipping is replete with predictions for booms that never came to pass. There are also many cases in which major turns in shipping cycles were predicted and actually ha… Read More
Demand for oil and fossil fuels in India continues to expand. With strong economic growth, the need for gas production will continue to grow.
India is looking to clean up its pollut… Read More
“The 1969 Classic Ford Mustang holds a special place in automotive history, embodying the spirit of the muscle car era and capturing the attention of enthusiasts with its combination o… Read More
Southeast Asia’s digital transformation has opened the region to an advanced, innovative world with novel job opportunities and solutions that can solve many societal problems. Climate… Read More
Minister of Power and Energy Kanchana Wijesekera says the first fuel cargo of Sinopec, China’s leading international petroleum company, has commenced the discharging process, while t… Read More
By NJ Ayuk
In April, Angola produced 1.06 million barrels per day (bpd) of crude oil, while Nigeria and Algeria both produced 0.999 million bpd
Angola’s oil and gas industry is making… Read More
Oil prices edged higher on July 20 on lower US crude inventories and firm buying from China, but a weaker demand outlook kept investors cautious. China’s economic recovery fol… Read More
An off-the-cuff remark by Nigeria's new president during his inaugural speech caused chaos with snaking queues across the country at petrol stations.After he had been sworn in on Monda… Read More
Marble, an exquisite and versatile natural stone, has been cherished for centuries for its beauty and durability. Used in various applications such as construction, sculpture, and interior d… Read More
MIAMI — Extreme discounting by freight forwarders with too much committed capacity in a weak market, plus an influx of passenger aircraft with lower-deck storage, explains the continu… Read More
By Comrade Gbenga Olowoyo
The euphoria that greeted the commissioning of Dangote refinery in Nigeria was unprecedented because the project itself is gigantic , marvelous and a monumental… Read More
The latest report titled “crude oil production cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufac… Read More
According to a recent analysis by analytics company Kpler, India has surpassed Saudi Arabia to become the biggest exporter of refined fuel to Europe. The data reveals a rise in Europe’… Read More
BANGKOK — Airstrikes by Myanmar’s military on Tuesday killed as many as 100 people, including many children, who were attending a ceremony held by opponents of army rule, said… Read More
Tolls are beginning to fall in Frances’ energy sector with the lingering strike action by protesting workers. An extension of the current strikes at France’s Le Havre port has cu… Read More
On Monday afternoon in Accra, the National Democratic Congress (NDC) opposition party delivered its address on the true state of the nation. The address was given by National Chairman Johnso… Read More
Once again, It’s been an eventful week for the blockchain and crypto ecosystem. Here are five Web3 projects with key updates.
Web3 music streaming platform Audius announced on Thurs… Read More
Invest in the sector leader : The pandemic left economies all over the globe struggling to maintain stability. It has also left investors uncertain as to where they should invest their… Read More
The refined petroleum products business comprises of companies that convert crude oil into refined petroleum products such as petrol, naphtha, diesel, petroleum gas, etc. The value addition… Read More