Major marketers support petrol importation, stating deregulation will boost investment Posted by By Esther Udoh March 28, 2025 MEMAN acknowledges short-term disruptions in the petroleum sector but remains optimistic that full deregulation will…
Port Harcourt Refinery Set to Receive Three Bonny Light Crude Shipments Posted by By Esther Udoh March 27, 2025 The 210,000 b/d Port Harcourt refinery will receive three cargoes of Bonny Light crude in…
ExxonMobil to Reduce UK Workforce by 250 Posted by By Esther Udoh March 27, 2025 Exxon Mobil Corp. is set to reduce its workforce in the United Kingdom by approximately…
Dangote Refinery to Boost Capacity with Alkylation Unit Launch Posted by By Esther Udoh March 27, 2025 Dangote Refinery plans to commission its alkylation unit in April, enabling its 650,000 b/d facility…
PETAN to Showcase Nigeria’s Oil & Gas at 2025 OTC Posted by By Esther Udoh March 27, 2025 PETAN is preparing an advocacy package to promote investment opportunities in Nigeria’s oil and gas…
Trading Giants Plan Russia Return if Sanctions Lift Posted by By Esther Udoh March 27, 2025 Top energy traders say they may resume business in Russia if sanctions are fully lifted,…
PETROAN: NNPCL Refineries Ensure Supply, No Need for Panic Buying Posted by By Esther Udoh March 27, 2025 PETROAN has urged Nigerians to avoid panic buying, dismissing claims that Dangote Refinery’s temporary suspension…
Nigeria Set to Introduce New Crude Oil Grade to Global Market Posted by By Esther Udoh March 27, 2025 Nigeria plans to launch a new crude grade, medium sweet Obodo, in April to enhance…
India’s ONGC to Diversify Amid Expected Oil Glut Posted by By Esther Udoh March 26, 2025 ONGC plans to diversify to protect its core business from oil price volatility, says strategy…
Shell Targets 5% Annual Growth in LNG Sales Posted by By Esther Udoh March 26, 2025 Shell aims to increase LNG sales by 4-5% annually through 2030. CEO Wael Sawan stated…