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Oil Consumption News Monitoring

  • Published on Feb 28, 2025

    Oil Gets Driven to Monthly Loss as Tariff Risks Batter Sentiment

    (Bloomberg) — Oil headed for a solid monthly loss as US President Donald Trump escalated tariff threats against major trading partners, hurting appetite for risk, boosting the dollar, and clouding the outlook for energy demand.Article content Global …

    Source: Financial Post - Center-right
  • Published on Feb 28, 2025

    Oando PLC gets Cabinet nod to make deal for refinery

    News Joey Bartlett Just Now Acting Prime Minister Stuart Young speaks during a post-cabinet news conference at Whitehall in Port of Spain, on February 27. - Ayanna Kinsale OANDO PLC has been selected as the preferred bidder for the lease of the Guaracara …

    Source: Trinidad and Tobago Newsday - Uncategorized
  • Published on Mar 1, 2025

    Hyundai's Forgotten Premium Sedan Is An Bargain In 2025

    When people think of Hyundai, they rarely think of luxury. While the brand has been able to increase its reputation in recent years, it's still mainly known for nice, affordable, entry-level products more than anything else. Sure, there was that brief …

    Source: CarBuzz - Label Pending
  • Published on Feb 28, 2025

    Renewables Or Fossil Fuels: Which Are, Ultimately, More Efficient?

    Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Definitions for “efficiency” vary depending on the context of energy discussions. Opinions range widely. Which is more efficient for a nation: renewables or fossil …

    Source: CleanTechnica - Neutral
  • Published on Feb 28, 2025

    Lekoil: How We Became Nigeria’s First Oil Firm to Bring Marginal Field to Production in 18 Months

    •NLNG urges prioritisation of energy security  •Ekpo: Africa’s gas revolution hinges on strategic policy framework Emmanuel Addeh in Abuja Lekoil Limited, one of Nigeria’s indigenous oil and gas Exploration and Production (E&P) companies, has narrated …

    Source: This Day - Pro-Government
  • Published on Feb 28, 2025

    Oil Slides to Monthly Loss as Tariff Risks Batter Sentiment

    (Bloomberg) -- Oil posted the biggest monthly loss since September as US President Donald Trump’s escalating tariff threats reduce investors’ risk appetite, strengthen the dollar and cloud the outlook for energy demand. Most Read from Bloomberg West Texas …

    Source: Yahoo Finance - Label Pending
  • Published on Mar 1, 2025

    Frontline Ltd. (NYSE:FRO) Q4 2024 Earnings Call Transcript

    Frontline Ltd. (NYSE:FRO) Q4 2024 Earnings Call Transcript February 28, 2025 Frontline Ltd. reports earnings inline with expectations. Reported EPS is $0.2 EPS, expectations were $0.2. Operator: Good day, and thank you for standing by. Welcome to the …

    Source: Insider Monkey - Neutral
  • Published on Feb 27, 2025

    EIA Expects USA NatGas, Petroleum, Renewables Demand to Rise in 2025

    The U.S. Energy Information Administration (EIA) expects U.S. natural gas, petroleum, and renewables consumption to rise in 2025, according to figures sent to Rigzone by the EIA this week. The figures forecast that, this year, U.S. natural gas consumption …

    Source: Rigzone - Neutral
  • Published on Feb 27, 2025

    Russian Firms Set to Restart Oil Projects in Kurdistan

    Russian oil companies will soon be able to restart their oil projects in Kurdistan after the semi-autonomous Iraqi region and the federal government of Iraq resolved all their disagreements regarding oil production and exports, Russian Energy Minister …

    Source: Oil Price - Neutral
  • Published on Feb 27, 2025

    Who gets stuck with the bill for tariffs on imported Canadian oil?

    Canada Minister of Energy and Natural Resources Jonathan Wilkinson discusses the potential impact of tariffs, energy exports, a U.S.-Canada energy alliance and the upcoming Canadian election. President Donald Trump's proposed tariffs on imported …

    Source: FOX Business - Right-wing
  • Published on Feb 27, 2025

    This British oil giant just dropped to third place on the FTSE 100

    For years, Shell (LSE: SHEL) has been one of the largest and most influential energy stocks on the FTSE 100. But in a surprising turn, the leading UK oil stock has slipped to third place in the index, overtaken by HSBC in terms of market capitalisation. …

    Source: The Motley Fool - Neutral
  • Published on Feb 27, 2025

    21 bishops join scientists, activists to sign letter against oil exploration in Brazil

    A group of 100 scientists, environmentalists, social activists and Catholics — including 21 bishops — released a public letter Feb. 18 criticizing the Lula administration's plans for oil exploration near the mouth of the Amazon River.  The letter …

    Source: National Catholic Reporter - Neutral
  • Published on Feb 27, 2025

    How to Find High-Quality Petroleum Products for Commercial and Residential Use

    Securing high-quality petroleum products is a priority for both commercial and residential consumers. The quality of fuel and lubricants directly affects machinery efficiency, heating systems, and overall energy consumption. Poor-quality petroleum can lead …

    Source: Intelligent Living - Neutral
  • Published on Feb 27, 2025

    BP Increases Oil and Gas Investments, Drops Renewable Targets

    British rival Shell and other major oil companies have also cut back on clean energy pledges in recent months. — BP will cut its renewable energy investments and instead focus on increasing oil and gas production. The British multinational announced its …

    Source: Earth.Org - Neutral
  • Published on Feb 27, 2025

    Kazakhstan to ban oil products export

    The document imposes a 6-month ban on oil products export from the territory of the Republic of Kazakhstan, including to the Eurasian Economic Union member states. Currently, the Ministry of Energy observes an unusual increase in the domestic consumption …

    Source: Kazinform - Gov't Propaganda
  • Published on Feb 27, 2025

    Why IOCs can’t allocate enough crude to refiners – FG

    The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed the reason why International Oil Companies are finding it difficult to allocate crude to domestic refiners, including the Dangote Petroleum Refinery under the …

    Source: Punch - Uncategorized
  • Published on Feb 27, 2025

    Golden Agri’s H2 profit soars about 17 times to US$262.1 million on higher palm oil prices, sales 

    PALM oil producer Golden Agri-Resources posted net profit of US$262.1 million for its second half ended Dec 31, up 1,617.1 per cent from US$15.3 million in H2 FY2023 as crude palm oil prices and sales volumes were higher for the full year.  This marked a …

    Source: The Business Times Singapore - Neutral
  • Published on Feb 27, 2025

    Cooking gas consumption rises to reduce kerosene use by 32pc

    Cooking gas cylinders dealer in Kibra slums, Nairobi, on May 21, 2021. Consumption of LPG went up despite an increase in prices in 2024. [File, Standard] The consumption of cooking gas in Kenya increased by 15 per cent in 2024 as households continued to …

    Source: The Standard - Uncategorized
  • Published on Feb 26, 2025

    Oil prices dip as market digests Trump trade blitz

    NEW YORK: Oil slipped to a new low for the year as US President Donald Trump blitzed markets with a slew of conflicting announcements on trade.    West Texas Intermediate retreated to settle further below US$69 a barrel at the lowest closing price this …

    Source: The Malaysian Star - Uncategorized

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