-
Nigeria Faces Budget Blow as Global Oil Prices Dip Below $60: What It Means for the Economy
06 May 2025 12:05 GMT
… , the federal government’s oil revenue projections may be significantly … banks have already revised their oil price outlooks downward, with … charge in the UK. BP’s net profit slumped by … projects such as the Dangote Refinery offer some promise of reducing …
-
Worry for Federal Government, states as oil prices drop to $60
06 May 2025 06:29 GMT
… capacity through the Dangote Refinery and modular plants, analysts … the impact of lower oil prices without significantly … , major international oil companies, including Shell, BP, ExxonMobil and Chevron … the decline to weaker gas trading and falling refining …
-
Asia Distillates: Upbeat window discussions; markets eye June refiner sales
06 May 2025 03:55 GMT
… balances.
Supplies remained curbed by refinery maintenance in several regions, … May, even as some refiners return to regular production this … a potential acquisition of rival BP Plc, though it is … for further stock and oil price declines before deciding …
-
Big Oil Holds Steady on Dividends Despite Oil Price Slump
05 May 2025 22:22 GMT
… world’s biggest international oil and gas firms are sticking to … Joint Refineries
In the first quarter, all five Big Oil firms except BP … .
Overall, for Big Oil’s fortunes, oil prices weren’t materially … usual’ for Big Oil.
With where oil prices are going in …
-
Oil prices fall below $60 per barrel, time ripe for hike in fuel duties
05 May 2025 21:34 GMT
… Private retailers like Reliance-BP and Nayara Energy too … ' pumps. Cooking gas is a controlled commodity.
With … oil companies to reduce prices, the executive said. Instead, it may allow refiners … margins of state-run refiners are aligned with international …
-
Is BP p.l.c. (BP) Among the Top Commodity Producers With the Highest Upside Potential?
05 May 2025 13:57 GMT
… .c. (NYSE:BP) is an oil and gas conglomerate that conducts … oil equivalent, with liquids accounting for 55%. The business runs refineries … that can process 1.6 million barrels of oil … is increasing investment in oil and gas and decreasing low- …
-
BP reports 48 per cent profit drop as strategy chief leaves
04 May 2025 04:06 GMT
… $1.4 billion on weaker gas trading and refining results and … year earlier.
Profit at its gas and low-carbon unit was … cent.
BP said it expects to conduct a heavy refinery maintenance programme … year earlier.
Earlier this month, oil prices went into free fall …
-
Oil Markets Enter May on the Back Foot
02 May 2025 21:53 GMT
… barrel.
Saudi Arabia Wants Lower Oil Prices. Seemingly intent on … also iron, uranium and natural gas.
Spain Mulls Nationalization of … held in private hands.
Refiners Warn of California Gasoline Shortages … bid over peer major BP (NYSE:BP), coming on the back …
-
PEC Ltd. US$160 million buyout and privatization by Liberty Energy Solutions Ltd
07 May 2025 02:45 GMT
… solutions and proprietary products to oil & gas refineries and petrochemical facilities around … SPRC, Neste, Chevron, Nayara, Petronas, BP, and Shell. Liberty Energy is … integrated EPC services for the oil & gas, petrochemical, chemical terminals and …
-
Liberty Energy to buy and delist SGX-listed PEC in $160m deal
07 May 2025 02:04 GMT
… solutions and proprietary products to oil & gas refineries and petrochemical facilities around … , SPRC, Neste, Chevron, Nayara, Petronas, BP, and Shell.
Liberty Energy is …