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Oil Refining Newsletter
  • P/Harcourt refinery: Marketers eye N500/litre petrol, set to load 21 Apr 2024 03:31 GMT

    Oil marketers are gearing up to load refined petroleum products from the Port Harcourt … Refining Company, as … now have crude oil already stocked in the refinery. We are doing …

  • Saudi oil exports rise to 6.32mln barrels 21 Apr 2024 05:36 GMT

    … that Saudi Arabia’s crude oil exports rose in February … of the Organization of the Petroleum Exporting Countries (OPEC) submit … . Riyadh's crude oil production increased by 0.6% … also showed that Saudi refineries’ consumption of crude oil rose by 250 …

  • 2 No-Brainer Oil Stocks to Buy With $1,000 Right Now 21 Apr 2024 03:02 GMT

    … drop in demand, reacted swiftly. Oil and natural gas prices fell … prices, a key U.S. oil benchmark, actually fell below zero … to the downstream (chemicals and refining). Each of these three industry … disclosure policy. 2 No-Brainer Oil Stocks to Buy With $1 …

  • Edible oil market now controlled by big four 21 Apr 2024 01:11 GMT

    … . However, the number of refiners has declined by a third … buy land and set up oil refining facilities expecting high returns,… dozen of the major edible oil processors, including Noorjahan Group, … closed down their edible oil business between 2008 and …

  • India calls for balancing energy stability amidst oil volatility 21 Apr 2024 00:08 GMT

    … volatility in global oil markets. Minister of Petroleum and Natural … India imported crude oil, LPG, LNG, and petroleum products from OPEC … tonnes of crude oil, which is refined into fuels like … in 2022-23, oil ministry’s Petroleum Planning and Analysis Cell …

  • Mexico’s Sheinbaum Wants Debt-Laden State Oil Giant to Go Green 20 Apr 2024 22:30 GMT

    … shift from its traditional oil-and-gas focus under … the energy transition.”  Unlike other oil majors, however, Pemex doesn … growing Mexico’s domestic fuel-refining capacity. “Sheinbaum’s recent … include selling assets and closing refineries, as well as opening …

  • Ukraine Targets Power Stations and Oil Depot in Russia with Kamikaze Drones, Sources Say 20 Apr 2024 20:36 GMT

    … fires. Specifically, targets included an oil refinery in the Smolensk region, as … witnesses, drones targeted the “Kardymovo” oil depot, causing a fire, and … facility - Neftika. The “Kardymovo” oil depot, owned by LLC “Lukoil …

  • ‘Stability’ in oil markets amidst regional turmoil 20 Apr 2024 19:26 GMT

    … remained largely unaffected, with oil prices remaining static and … . Even though the two oil-producing countries – Iran and … s crude oil production has decreased, and its refineries are … operating at almost 50% capacity, resulting in limited oil

  • New Iran Oil Sanctions Passed by US House in Foreign Aid Package 20 Apr 2024 18:13 GMT

    … foreign ports, vessels, and refineries that knowingly process or … banks used to purchase petroleum and oil-derived products. Article … of daily oil exports are shipped to independent refineries in … sanctions could impact Iranian petroleum exports — and add …

  • Saudi oil exports rise to 6.32 million barrels 20 Apr 2024 17:42 GMT

    … that Saudi Arabia’s crude oil exports rose in February … of the Organization of the Petroleum Exporting Countries (OPEC) submit … . Riyadh's crude oil production increased by 0.6% … also showed that Saudi refineries’ consumption of crude oil rose by 250 …

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