Gunvor, Adnoc Make Shortlist for Shell’s South Africa Division
Adnoc and Gunvor have been shortlisted to acquire Shell’s downstream assets in South Africa, valued…
NNPCL’s 2030 Goal of 3M Barrels Daily Is Achievable – Ojulari
NNPC Ltd. GCEO Bashir Ojulari has affirmed that the company’s goal of producing 3 million…
Nigerian Institute of Petroleum Engineers Poised to Boost Oil Sector Development
The Nigerian Institution of Petroleum Engineers (NiPeTE), a division of the Nigerian Society of Engineers,…
Iraq Revises Oil Price Assumptions in Budget Due to Falling Market Prices
Iraq, OPEC's second-largest oil producer, plans to lower its oil price benchmark in the 2025…
OPEC+ Struggles to Enforce Oil Quota Compliance Remain Unconvincing
OPEC+ is once again urging members to compensate for exceeding oil production quotas, but recent…
Kaduna Refinery Overhaul Aimed at Shielding Nigeria’s Economy from Oil Price Fluctuations
The Kaduna Refinery rehabilitation project has reached 81.1% completion, according to the Nigerian Midstream and…
Dangote Petroleum Refinery Lowers Gantry Price of Petrol to N835 per Litre
Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit…
Oil Prices Fall Amid Ongoing Tariff Disputes
Oil prices fell as traders assessed the impact of ongoing US tariff tensions, with concerns…
Fuel Imports into Mexico from Texas Halted as Border Checks Intensify
Fuel shipments from Texas to Mexico have come to a standstill due to increased inspections…
Local Refining in Nigeria Soars 670%
Nigeria has achieved a 670% increase in domestic petroleum refining as of April 2025, significantly…