Petrol Ex-depot Price Hike: Dangote Refinery Absorbs Logistics Costs for Nationwide Uniform Pricing

Wedoany.com Report-Jan 20, Dangote Refinery has announced a five per cent increase in the ex-depot price of petrol from N899.50 to N950 per litre due to a significant rise in global crude oil prices,...

2025-01-20

Libya Needs $3-4 Billion to Boost Oil Production, Bidding Round Expected Soon, Oil Minister Says

Libyas Acting Oil and Gas Minister Khalifa Abdulsadek and OPEC Secretary General Haitham Al Ghais shake hands during the Libya Energy & Economy Summit, in Tripoli, Libya January 18, 2025. Wedoany.com...

2025-01-20

Amid Improved Output, NUPRC Targets 2.1m Bpd Oil Production in 2025

Wedoany.com Report-Jan 18, Emmanuel Addeh in Abuja the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the agency has set a minimum production target of 2.1 million barrel...

2025-01-19

Valeura Posts Record Oil Production in Q4

Wedoany.com Report-Jan 18, Valeura Energy Inc. has said its oil production average hit a record high in the fourth quarter of 2024, with oil sales surpassing production volumes. The company said in a ...

2025-01-18

Centre Allows Oil, Gas Exploration Near Assam’s Hollongapar Gibbon Sanctuary

Wedoany.com Report-Jan 13, The Standing Committee of the National Board for Wildlife has approved oil and gas exploratory drilling by Vedanta Group’s Cairn Oil and Gas in the eco-sensitive zone ...

2025-01-18

Top Five Reasons Refineries Worldwide Are Embracing Blending of Petroleum Products

Wedoany.com Report-Jan 18, One expression frequently used since the Nigerian National Petroleum Company Limited recommenced operations at the rejuvenated Port Harcourt Refinery last November is &lsquo...

2025-01-18

Indonesia Expects EU to Adjust Palm Oil Biofuel Stance After EU Ruling

Wedoany.com Report-Jan 17, Indonesia welcomed a ruling by the World Trade Organization in a case against European Union on palm oil-based biodiesel, expecting the bloc to adjust its regulations to co...

2025-01-17

Oil Up, Heads for 4th Weekly Gain as U.S. Sanctions Hit Supply

A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. Wedoany.com Report-Jan 17, Oil prices rose on Friday and headed towards a fourth consecuti...

2025-01-17

Sri Lanka Signs Landmark $3.7bn Deal with Chinese State Oil Giant

Chinese President Xi Jinping (right) shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People in Beijing on January 15, 2025. Wedoany.c...

2025-01-17

Dangote Refinery Projects 650,000BPD June, Plans Crude Import

Wedoany.com Report-Jan 17, The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company Limited becomes insufficient for fuel production ...

2025-01-17