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IndianOil, Nayara Energy lead rural push as India’s fuel retailing stations surpass 1 lakh
24 Dec 2025 15:05 GMT
… villages.
ONGC subsidiary Mangalore Refinery and Petrochemicals (MRPL), which … increase as the demand for auto fuels appreciates. Besides, … 2025-2030. The demand for POL (Petroleum Oil & Lubricants) … s oil demand to increase by a steep 1 million barrels …
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'Oil will still be in demand' as world struggles to move beyond fossil fuels
24 Dec 2025 14:12 GMT
… more economical and consume less fuel – but overall consumption is still … to move away from fossil fuels,” he said.
Tsakos Energy Navigation … view. “I remember when peak oil demand was expected around the turn …
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Green California has a Big Oil problem
24 Dec 2025 16:36 GMT
… of Santa Barbara County dumped crude oil into the Pacific Ocean.
… refineries.
The failed pipe in the aging oil field released toxic petroleum … less and less and less demand for gasoline,” Sivas said. … air pollution from fossil fuels causes tens of thousands …
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NNPCL Secures ₦318bn for Fresh Oil Exploration Drive
24 Dec 2025 16:36 GMT
… company’s mandate under the Petroleum Industry Act (PIA), … meet OPEC quota allocations due to pipeline vandalism, oil theft, … estimate of 37 billion barrels, restoring investor confidence in … reduce carbon emissions, demand for fossil fuels is projected to …
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Oil Prices Climb Despite Oversupply Fears
24 Dec 2025 17:14 GMT
… Information Administration’s weekly petroleum report, which has been … a 1.3-million-barrel crude draw that pushed U. … refineries running at 94.8% of operable capacity, processing demand … Light Crude Oil Futures
Trend Indicator Analysis
Light crude oil futures …
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Petroleum product consumption growth slows in 2025: ICRA Vice President
24 Dec 2025 16:29 GMT
… in consumption growth of petroleum products (POL). Consumption … of production cuts by OPEC+ amid slowing demand growth. Accordingly, … 47;barrel since then.
So, one impact of lower crude oil prices … year is that new refineries are being conceptualised with …
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Dangote Refinery Alone Cannot Meet Nigeria’s Fuel Demand, Marketers Insist
24 Dec 2025 15:39 GMT
Oil marketers have reiterated that the Dangote Petroleum Refinery, despite … handedly meet Nigeria’s fuel demand, stressing the need … fuels. They noted that even at optimal performance, no single refinery … pricing, access to crude oil and foreign exchange can …
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Reps Pledge Tight Oversight of Crude-for-Naira Initiative
24 Dec 2025 16:36 GMT
… . Under the programme, crude oil will be allocated to … revenue shortfalls and unaccounted barrels of oil.
The Speaker of … demand periodic reports from relevant ministries, the Nigerian National Petroleum … market. By directly linking crude oil to naira payments, …
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Into the shadows: Sanctions have reduced Russia from an oil superpower to a global energy disrupter
24 Dec 2025 16:51 GMT
…
Most importantly, the global oil market itself has changed significantly … years. Rising production outside OPEC+ has created a persistent … (49% owned by Rosneft) refinery, already under sanctions. If … ,000–400,000 barrels a day.
If demand from India and …
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Falling Exports and Unsold Cargoes Test Nigeria’s Oil Sector
24 Dec 2025 17:14 GMT
… Nigeria’s Oil Exports Going?
Nigeria’s crude exports outside of … the country’s only operational refinery – the 650,000 b…
Nigerian crude has been faced with extremely tepid buying demand lately … Nigeria’s Oil Exports Going?
Nigeria’s crude exports outside …