South Korean Petrochemical Firms’ Profits Plunge in 2024 as Oversupply Persists
The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020. Wedoany.com Report-Feb 10, South Korean petrochemical companies LG Chem and Lotte Chemical both made losses...
Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall
Wedoany.com Report-Jan 6，Nigeria is currently importing about 79.5 per cent or 31.8 million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortfall, Daily Sun i...
Oil Marketers Want FG to Privatise Kaduna, Warri Refineries
Wedoany.com Report-Jan 6，Oil marketers, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have called on the Federal Government to privatise state-owned refi...
South Africa’s Petrol, Diesel Pump Prices to Rise in January
Wedoany.com Report-Jan 2,South Africas government said that the petrol pump price would increase by up to 19 cents a litre and the diesel price would rise by up to 10.50 cents a litre from January 1. ...
UAE Petrol, Diesel Prices Remain Unchanged for January 2025
Wedoany.com Report-Jan 2,This stability follows months of declining fuel prices in 2024, with Super 98 petrol dropping from a high of Dh3.34 in May to the current rate of Dh2.61 Petrol and diesel pric...
Kharabsheh Follows up on Achievements of Petroleum Exploration Projects
Wedoany.com Report-Dec 31,The Minister of Energy and Mineral Resources, Saleh Kharabsheh, reviewed the progress of priority initiatives outlined in the Economic Modernization Vision (2023–2025) ...
Petroleum Import Declines, Worth Rs. 101BN Imported in Five Months of FY 2024/25
Wedoany.com Report-Dec 31,The import of petroleum products has decreased during the first five months of the current fiscal year 2024/25. According to latest trade statistics of the Department of Cust...
RON97 Petrol Price Up By 3 Sen; RON95 And Diesel Unchanged
Wedoany.com Report-Dec 27,The retail price of RON97 petrol will increase by 3 sen to RM3.25 per litre, effective Dec 26, 2024, to Jan 1, 2025, according to the government. Meanwhile, RON95 petrol rema...
Onshore Petroleum Auction Set to Be Held
Wedoany.com Report-Dec 27,Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 years to increase...
Petrobras initiates FPSO bid for Sergipe Deep Waters project in Brazil
Wedoany.com Report-Dec 03, Brazilian state-owned oil company Petrobras has commenced the procurement process for up to two FPSO units for the Sergipe Deep Waters (SEAP) project in the Sergipe-Alagoas ...