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A service for energy industry professionals · Thursday, April 17, 2025 · 804,099,804 Articles · 3+ Million Readers
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Oil & Gas News Monitoring

  • Published on 07:06 GMT

    Dangote Refinery’s cheaper petrol unsettles marketers, importers

    Petroleum products marketers in Nigeria have hinted that they are on track to losing billions of naira following the ex-depot premium motor spirit price reduction announced by Dangote Refinery on Wednesday. The spokesperson of the Independent Petroleum …

    Source: Daily Post - Neutral
  • Published on 04:39 GMT

    Dangote refinery reduces petrol pump price to N890/litre, renews deal with key partners

    By Adewale Sanyaolu Dangote Petroleum Refinery yesterday announced a fresh deal with its key retail partners, reducing petrol pump retail price from N920 to N890 per litre. Daily Sun had exclusively reported on Tuesday the reversal of a fuel price cut …

    Source: The Sun Nigeria - Indeterminate
  • Published on 07:53 GMT

    US puts sanctions on Chinese buyers of Iranian oil

    The US Treasury Department’s Office of Foreign Assets Control (OFAC) said in a statement on Wednesday that it had targeted the Chinese importers of Iranian oil in a new round of sanctions issued against Tehran. It added that the Shandong Shengxing, a so- …

    Source: Iran Front Page - Gov't Propaganda
  • Published on 00:56 GMT

    Nigeria’s oil sector and the ‘Very Bad People’

    I have read a number of compelling accounts that depict the unfortunate state of Nigeria’s oil sector, but none does so with as much piercing clarity as ‘Very Bad People’ by Patrick Alley. This non-fiction work explores how powerful individuals and …

    Source: Business Day - Neutral
  • Published on 05:44 GMT

    Asia Distillates: Markets slightly upbeat; May refiner sales in full swing

    Asia’s middle distillates markets turned slightly upbeat and gained further as timespreads in paper markets received support from hopes of U.S.-China tariff negotiations to proceed, while May spot refiner sales were in full motion. May discussions were a …

    Source: Hellenic Shipping News - Neutral
  • Published on 07:48 GMT

    Oil prices fall amid trade war uncertainty

    Oil prices edged lower on Wednesday as changes in U.S. tariff policies heightened uncertainty. This prompted investors to assess the potential impact of the U.S.-China trade war on economic growth and energy demand. Brent crude futures fell 18 cents, or 0, …

    Source: Entrevue - Indeterminate
  • Published on 07:41 GMT

    Filling stations yet to adjust as Dangote reduces petrol price again

    For the second time in one week, Dangote Petroleum Refinery has announced a reduction in the price of premium motor spirit (PMS) otherwise known as petrol. With effect from yesterday (April 16th, 2025), the gantry price (ex-depot price) of petrol would now …

    Source: Daily Trust - Pending
  • Published on 08:13 GMT

    PSX regains momentum as Fitch upgrade, oil slide lift sentiment

    The bourse regained its bullish momentum on Thursday, reversing the previous session's losses as investors responded positively to a series of economic developments, including Fitch’s credit rating upgrade and falling global oil prices. The Pakistan …

    Source: GEO TV - Pro-Government
  • Published on 00:44 GMT

    EZ, EPZ industries to get priority as gas connections resume amid supply crunch

    Due to limited gas supply, not all factories and businesses will receive new connections—even at higher tariffs. The government will prioritise export-oriented industries located within Economic Zones and Export Processing Zones (EPZs), basing decisions on …

    Source: The Business Standard - Neutral
  • Published on 01:48 GMT

    Valero set to close Benicia refinery at the end of April 2026

    BAKERSFIELD, Calif. (KERO) — Valero will be closing their refinery facility at the end of April 2026, due to high costs and strict environmental regulations in the state. This closure could impact local gas prices. Valero is the world's largest gas …

    Source: 23 ABC News - California - Pending
  • Published on 03:13 GMT

    US Oil Production to Peak in 2027, Natural Gas by 2032: EIA

    The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. The concept was first introduced by M. King Hubbert in the 1950s. His theory …

    Source: Oil Price - Neutral
  • Published on 01:07 GMT

    Valero books $1.1 billion impairment, may idle California refinery

    (Reuters) - Valero Energy Corp said on Wednesday it was taking a $1.1 billion pre-tax impairment related to its California refineries and told state regulators it would permanently shut or restructure its San Francisco-area refinery in Benicia, California …

    Source: Yahoo Finance - Pending
  • Published on 02:03 GMT

    Texas oil and gas industry concerned about uncertain trade, energy policies

    (The Center Square) – The Texas oil and gas industry is concerned about the uncertainty surrounding energy production and prices despite President Donald Trump's vow to "drill, baby, drill." After Trump advanced his position on tariffs …

    Source: The Bryan Times - Ohio - Pending
  • Published on 04:56 GMT

    Federal leaders clash on nuclear energy, pipelines during French debate

    A possible east-west pipeline and nuclear energy were key elements over which federal party leaders clashed – and in some cases agreed – during Wednesday’s French-language debate. Not usually on the same page, Liberal Leader Mark Carney and Conservative …

    Source: Edmonton City News - Pending
  • Published on 00:00 GMT

    Oil rises $1 on new US sanctions

    Listen to article HOUSTON: Oil prices rose more than $1 a barrel on Wednesday on concerns about global supplies after Washington issued new sanctions targeting Chinese importers of Iranian oil. Brent crude futures rose $1.06, or 1.64%, to $65.73 a barrel …

    Source: The Express Tribune - Indeterminate
  • Published on 07:35 GMT

    Oil prices rise on US sanctions, OPEC supply cuts

    Both benchmarks settled 2% higher on Wednesday at their highest levels since April 3 and are on track for their first weekly rise in three. Thursday is the last settlement day of the week ahead of the Good Friday and Easter holidays. President Donald Trump …

    Source: News.Az - Pro-Government
  • Published on Apr 16, 2025

    Gas Reserves Estimate Goes Up at Shell’s Selene Prospect in North Sea

    Shell has revealed ‘significantly better’ porosity and permeability properties at its Selene gas prospect in the North Sea, following the analysis of the data from the well drilled in 2024, prompting its partner Deltic Energy to raise estimates of …

    Source: Offshore Engineer News - Neutral
  • Published on Apr 16, 2025

    What President Tinubu must do to grow non-oil export in Nigeria (4)

    The Processes This is the fourth in the series of articles being written to advise the President of the federal republic of Nigeria on what must be done in order to grow the non-export volume to match and even surpass that of crude oil and gas exports. The …

    Source: Premium Times - Neutral
  • Published on 00:05 GMT

    NMDPRA Calculations Show 67% Decline in Nigeria’s Petrol Imports

    By Adedapo Adesanya The Manufacturers Association of Nigeria (MAN) has said the US imposition of 14 per cent tariff on imported products may have a significant impact on Nigeria’s trade and industrial landscape. The Director-General of MAN, Mr Segun Ajayi- …

    Source: BusinessPost Nigeria - Indeterminate

04 days 19:37:07

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