Oil Refinery News Monitoring

Oil prices to fall amid calmer Middle East

US tariffs are likely to affect demand for oil PUBLISHED : 4 Mar 2025 at 05:24 Global prices of crude oil, together with prices of key oil and petrochemical products, are likely to fall in the first quarter and throughout the first half amid fewer …

Trump revokes Chevron’s Venezuelan oil-export license

US President Donald Trump will revoke a license that allowed Chevron to extract and export a limited amount of oil and oil products from Venezuela to the US, the US Treasury Department said Mar. 2. “Treasury is preparing to take action to wind-down General …

Digital Oilfield Market Trends: Revolutionizing the Oil & Gas Industry

Digital Oilfield Market Expected to Targets $54.4 billion by 2030 WILMINGTON, DE, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the digital oilfield market size was valued …

NNPC joins the price war, slashes petrol price to N860/litre

This price cut, set to take effect on Monday, comes as a welcome relief for many Nigerians who have been struggling with high fuel costs since the removal of fuel subsidy in Africa's most populous country. This latest development follows a recent price …

Dangote refinery to refund customers who buy fuel above market price

The Dangote Petroleum Refinery has announced plans to refund customers who purchased Premium Motor Spirit (petrol) at prices higher than the advertised rates from its key partners, Ardova Plc, Heyden, and MRS, across Nigeria. Last week, the refinery …

Dangote Refinery buys 1m barrels of crude from Africa’s third-largest oil producer

Dangote Refinery has made its first purchase of Algeria’s light sweet Saharan Blend crude, according to market sources cited by Argus Media, a leading global energy intelligence provider. According to the report, the 650,000 barrels per day refinery …

VIDEO: Senegal Shocks the World: Kicks France Out and Launches Its Own Oil Refinery

NNPCL stations have reduced petrol price to N860/litre — Marketers

The Nigerian National Petroleum Company Limited has reduced the pump prices of Premium Motor Spirit (petrol) sold at its stations to match that of the Dangote Petroleum Refinery. Our correspondents confirmed that some retail outlets owned by the NNPC …

U.S. Crude Oil Stockpiles Fall

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NNPC reduces petrol price

The Nigerian National Petroleum Company Limited (NNPC Ltd) has reduced the price of petrol in its retail stations. A PREMIUM TIMES correspondent observed Monday evening that NNPC Ltd outlets in the Central area of Abuja, the Federal Capital Territory, …

Frontline report: Ukraine’s drones take 53 million tons of Russian oil offline, crippling 10% of refining capacity

Today, there are a lot of important updates from the Russian Federation. Russian oil refineries are going up in flames as Ukraine unleashes relentless waves of drone strikes deep into enemy territory. With 10% of Russia’s refining capacity already offline …

Explosions rock major Russian oil refinery in Ufa used for military fuel supplies

A significant fire broke out at the Bashneft oil refinery complex in Ufa, Russia, following explosions that residents reported hearing in the early hours of 3 March. Ukraine intensified its long-range drone attacks against the military and fuel facilities …

Drone Strike Puts Oil Refinery Ablaze in Russia’s Bashkiria - Over 1,400 Km from Ukraine

A major fire broke out at an oil refinery in Ufa, the largest city and the capital of Russia’s Bashkortostan, in the early hours of March 3, according to reports from Russian Telegram channels. Residents claim they heard the sound of drones in the area …

Fire breaks out at oil refinery in Ufa after explosions. Drones downed in several regions of Russia

Fire at an oil refinery in UfaAstra Telegram channelA fire broke out at the Ufa Oil Refinery in Ufa, Russia. Explosions were heard there before the incident, but authorities did not report a drone attack, the Astra Telegram channel and the head of one of …

Petrol pump dealers association calls off strike

ISLAMABAD: The Petrol Dealers Association has announced that they will not go on strike across Pakistan starting tomorrow, ARY News reported According to reports, the decision came after a meeting between the association’s delegation and Petroleum Minister …

Petrol Retailers Say Gradual Price Reduction by Dangote, NNPC Will Tame Inflation

•OPEC’s oil output rises to one-year high Emmanuel Addeh in Abuja The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) yesterday said the recent petrol price reduction by the Dangote refinery as well as yesterday’s cut by NNPC filling …

Pertamina Apologizes for Alleged Violation of Crude Oil Management

TEMPO.CO, Jakarta - The Executive Director of PT Pertamina (Persero) Simon Aloysius Mantiri apologizes to the public regarding the alleged legal violations involving its subsidiary. This was conveyed in a press conference held today at the Pertamina Office …

Pertamina Discloses Evidence Collected by AGO in Crude Oil Corruption Case

TEMPO.CO, Jakarta - The President Director of PT Pertamina, Simon Aloysius Mantiri, revealed that the Attorney General's Office has collected several pieces of evidence related to the alleged corruption in the import of crude oil and refinery products …

Crude Futures Plunge as OPEC+ Revives Supply

Oil dropped to the lowest this year after Bloomberg reported that OPEC+ will restart some halted production, a surprise decision that threatens to deepen a projected global surplus of crude. West Texas Intermediate slid 2% to settle just above $68 a barrel …

UPS System Market Trends: Driving Demand for Reliable Power Solutions

Uninterrupted Power Supply (UPS) System Market Worth $9.4 Billion by 2027 WILMINGTON, DE, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, the global uninterrupted power supply (UPS) …

OnePlan Wins 2025 G2 Best Software Award for Project Management Excellence

OnePlan is proud to announce it has been named a winner in the 2025 G2 Best Software Awards in the Best Project Management Software Products category. SAN MARCOS, CA, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- OnePlan , a leading …

Building Integrated Photovoltaics (BIPV) Market Trends: Transforming Buildings into Energy Producers

Building Integrated Photovoltaics (BIPV) Market Worth USD 86.7 billion by 2030 | North America CAGR of 20.7% by US, Canada WILMINGTON, DE, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied …

Gold Shield Services Expands Its HVAC Solutions Across Illinois

Gold Shield Services is expanding its high-quality HVAC solutions across Illinois, bringing expert heating and cooling services to new communities. ELGIN, IL, UNITED STATES, March 5, 2025 /⁨EINPresswire.com⁩/ -- Gold Shield Services, a leading …

The Insiders Fund Captures #2 Rank in BarclayHedge Equity Long/Short Category: Market-Leading January Performance

The Insiders Fund, an award-winning hedge fund, leverages insider transaction analysis to deliver 10% Jan. return, earning #2 rank among Long/Short Equity funds PARK CITY, UT, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- The Insiders …

All-Year Cooling CEO Tommy Smith Highlights How Trenchless Technology is Revolutionizing Pipe Repair

All-Year Cooling CEO Tommy Smith Highlights How Trenchless Technology is Revolutionizing Pipe Repair CORAL SPINGS, FL, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- In an era where efficiency and minimal disruption are key concerns for …

Advanced Media Technologies Enhances Network Planning Processes with Innovative AI-Enabled Mapping Services

DEERFIELD BEACH, FL, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Advanced Media Technologies (AMT), a leader in advanced broadband and wireless network products, has announced a major milestone in its continued partnership with AirWorks. …

Wolf River Electric Honored with the ESGR Patriot Award for Support of Military Employees

ISANTI, MN, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Wolf River Electric, a leader in the renewable energy industry, has been awarded the prestigious Patriot Award by the Employer Support of the Guard and Reserve (ESGR). This …

Interstate Advanced Materials Seattle Delivers Solutions to Drive Growth in Key Washington Industries

Interstate Advanced Materials Seattle proudly supports businesses across Washington by providing tailored material solutions for many applications. SEATTLE, WA, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Interstate Advanced Materials, a …

Energy AI Solutions Partners with UnifyCloud to Accelerate AI Application Development with new AI Factory

Energy AI Solutions to leverage UnifyCloud's CloudAtlas AI Factory to accelerate AI application development to maximize value and ROI and minimize risk. REDMOND, WA, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Energy AI Solutions, a …

District Heating and Cooling Market Gains Momentum as Cities Prioritize Energy-Efficient Infrastructure

The global district heating and cooling market grows due to energy efficiency and sustainability efforts, reducing carbon emissions and combating climate change WILMINGTON, DE, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Allied Market …

Hydrogen Membrane Market: A Look into Its Latest Trends and Investment Opportunities

The hydrogen membrane industry has witnessed significant growth due to the ability of hydrogen to produce zero emission when used in fuel cells. WILMINGTON, DE, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- The research report by Allied …

Decarbonizing the Future: Clean Energy Transition Market Gains Momentum Worldwide

Rising investments in clean energy boost demand for green solutions, speeding the transition to renewables amid climate urgency. WILMINGTON, DE, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled …

Key Growth Driver in Ruminant Methane Reduction Market 2025: Rising Environmental Concerns Boost Market Expansion

The Business Research Company's Key Growth Driver in Ruminant Methane Reduction Market 2025: Rising Environmental Concerns Boost Market Expansion LONDON, GREATER LONDON, UNITED KINGDOM, March 4, 2025 /⁨EINPresswire.com⁩/ -- Updated 2025 Market …

Ideon Delivers High-Impact Exploration Targets for Fireweed Metals at Macmillan Pass

Muons and AI-powered REVEAL™ for Exploration solution reduces geological uncertainty over 1 billion cubic metres VANCOUVER, BRITISH COLUMBIA, CANADA, March 4, 2025 /⁨EINPresswire.com⁩/ -- Ideon Technologies is delivering actionable exploration …

AI and Renewable Energy: A Game-Changer for Global Energy Transition

The global AI in renewable energy market is set for high growth, driven by its use in generation, transmission, distribution, and utilities. WILMINGTON, DE, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- The AI in renewable energy market …

Erie-Based Vorex Extends Its Impact Across the Globe, Supporting Critical Efforts in Ukraine

Vorex Extends Its Impact Keeping Ukraine Warm ERIE, PA, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- As the war in Ukraine continues, Vorex, a leading oil and gas supply company, helps people of Ukraine stay warm, connected, and resilient. …

Lords Of Fortune Launches Abundantia LP US Fund to Market Treasure from the 1909 Shipwreck RMS Republic

The fund expects to limit initial investment to $8.5 million and expects to quickly grow to USD 3.5 billion AUM with its recovery of rare gold coin cargoes. MIAMI BEACH, FL, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Dubbed "modern …

EACR, Inc. Leads the Way in Comprehensive Battery Recycling

EACR, Inc. Welcomes All Battery Types and Prioritizes Environmental Sustainability ATLANTA, GA, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- EACR, Inc., a pioneering force in the battery recycling industry, is proud to announce its …

Arizona Partnership Formed to Support Public Safety

PHOENIX, AZ, UNITED STATES, March 4, 2025 /⁨EINPresswire.com⁩/ -- Metal theft continues to pose a significant threat to infrastructure, services, and public safety. In response, End Metal Theft and Lighting Unlimited are proud to have formed a …