Browsing: oil

Oil prices paused recent advances to trade in a range on Tuesday, after a surge of more than 7 percent in the previous three sessions

The Dangote refinery, with a capacity of 650,000 barrels per day, is currently conducting test runs for Premium Motor Spirit (PMS) production, commonly known as petrol.

Colombian President Gustavo Petro has signed a decree prohibiting coal exports to Israel, citing the humanitarian crisis in Gaza caused by Israel’s ongoing military response to the cross-border attack by Hamas last October. 

American oilfield servicing giant SLB (formerly Schlumberger) is expanding in Russia despite its main rivals having pulled out of the country following the start of the Ukraine conflict in 2022, the Financial Times has reported, citing customs filings and employment listings.

Oil prices fell in choppy trade on Thursday, and looked set to snap a two-session streak during which they gained about 3 percent due to growing supply risks amid simmering tensions in the Middle East

Amidst the scarcity of petrol at retail outlets across the country and the demand for downward review of prices by agitated Nigerians

Earlier, the Ministry reported that payments from the Russian budget to oil companies for the fuel damper in July amounted to 142.5 bln rubles ($1.67 bln)

“After the start of the special military operation in Ukraine, the Croatians raised the transit fee many times above the…

A total of 24.88mln bpd arrived in July in Asia, the world’s biggest oil importing region, down 6.1% from the previous month and the lowest on a daily basis since July 2022

A subsidiary of Sweden-based Tethys Oil has signed an agreement for $60 million amortising term loan facility with the UAE’s Abu Dhabi Commercial Bank.