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Latest:
  • U.S. judge voids 80 million acres of offshore oil and gas leases
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues
  • Brent hits $90 for first time since 2014 on supply jitters
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals
  • Iran bases its 2022 budget on $60 oil
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Opinions
April 26, 2020 admin

World Oil editorial: Oil market meltdown—what does it take to get action?

What does it take for both U.S. federal and Texas state regulators to intervene and take action? There has been

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News
April 26, 2020 admin

Kuwait’s oil minister begins OPEC+ cuts ahead of schedule

BEIRUT (Bloomberg) –Kuwait said it has started cutting oil output ahead of May 1, the date when suppliers worldwide plan

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Oil Crisis
April 24, 2020 admin

U.S. Treasury considers federal lending for troubled oil companies

WASHINGTON (Bloomberg) –Treasury Secretary Steven Mnuchin said he’s considering the creation of a government lending program for U.S. oil companies,

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Oil newsOpinions
April 20, 2020 admin

WTI crude price goes negative for the first time in history

HOUSTON – A perfect storm of weak demand, unbridled production by warring producers, and an exhaustion of storage capacity drove

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Opinions
April 10, 2020 admin

World Oil editorial: Oil market meltdown—what does it take to get action?

An editorial by WorldOil.com As this editorial is being written, the global oil market is having its greatest meltdown ever,

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Laws & RegulationsMarket Price
April 9, 2020 admin

Fuel Price: NNPC Retail Stations in Full Compliance with PPPRA Price Template

The NNPC Retail Ltd., one of the downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), has clarified that all

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Laws & RegulationsNews
April 8, 2020 admin

NNPC Will No Longer Run Refineries – Kyari

… Says Fuel Subsidy Removal for Benefit of Ordinary Nigerians The Nigerian National Petroleum Corporation (NNPC) will no longer be

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Laws & RegulationsNews
March 27, 2020 admin

NNPC Loading Depots to Remain Operational

​…As Corporation Assures of Nationwide Product Availability In its bid to ensure that the Presidential directive on the lockdown of

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Laws & RegulationsNews
March 4, 2020 admin

Allow Tanker Drivers to Operate During Lockdown, NNPC Tells Law Enforcement Agencies

From nnpcgroup.com The Nigerian National Petroleum Corporation (NNPC) has appealed to Law enforcements agencies across the Country to allow petroleum

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News
December 25, 2019 admin

Season’s Greetings

It has been a great year of service to varying interest in the energy sector. We look forward to next

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Latest News

  • U.S. judge voids 80 million acres of offshore oil and gas leases January 28, 2022
  • ‘We Have Enough Petrol To Meet Needs Of Nigerians,’– NNPC Reacts To Fuel Queues January 27, 2022
  • Brent hits $90 for first time since 2014 on supply jitters January 26, 2022
  • Hilcorp employees in line for $75,000 bonuses after meeting multi-year goals December 12, 2021
  • Iran bases its 2022 budget on $60 oil December 12, 2021
  • Pemex plans to cut oil exports to meet domestic fuel demand December 10, 2021
  • Shell investors endorse UK headquarters move December 10, 2021
  • Biden halts federal aid for overseas fossil fuel projects – with plenty of exceptions December 10, 2021
  • Seeq signs industrial digitalization agreement with Saudi Aramco December 9, 2021
  • Canada’s oil output may start declining in 2032, regulator says December 9, 2021

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