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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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Theft & Vandalism
May 14, 2021 admin

Pipeline crisis spurs calls to boost, and forsake, fossil fuels

Culled from WordlOil.com Bloomberg) — The cyber-attack that crippled the nation’s biggest fuel pipeline this week triggered spot shortages of

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Felicitation
May 13, 2021 admin

Eid Mubarak to All Our Clients

As the holy month of Ramadan rounds up, we pray that the blessings ignite a boom in your business and

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Oil news
February 12, 2021 admin

After a catastrophic year, oil is posting a remarkable recovery

LONDON (Bloomberg) –One year after the first glimmers of the catastrophe awaiting global oil markets — from deserted Chinese cities

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Exploration
February 12, 2021 admin

Canada’s Trudeau rejects a NAFTA challenge to Keystone XL shutdown

(Bloomberg) –Prime Minister Justin Trudeau is rejecting calls for a more combative response to U.S. protectionism, hoping a conciliatory approach

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Oil Crisis
February 11, 2021 admin

Shell to freeze staff salaries, warns of layoffs in green energy pivot

LONDON (Bloomberg) –Royal Dutch Shell will not raise salaries for most of its employees this year, according to people with

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Oil Crisis
February 10, 2021 admin

Regulators crack down on Texas shale gas flaring

HOUSTON (Bloomberg) –Texas’s energy regulator is taking an uncharacteristically critical approach toward burning off excess natural gas, a sign that

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News
February 10, 2021 admin

Abu Dhabi grants Japan’s Cosmo offshore oil exploration rights

(Bloomberg) –Abu Dhabi awarded Japan’s Cosmo Energy Holdings Co. the right to explore for offshore oil and natural gas as

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News
February 10, 2021 admin

Oil price’s record climb continues on falling global crude inventories

(Bloomberg) –Oil rose again to extend the longest run of gains in two years with an industry report showing falling

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News
February 8, 2021 admin

Mismanagement may end Algeria’s run as an oil exporter

(Bloomberg) –Algeria’s energy exports are plunging, threatening more financial suffering for the OPEC member and a potential repeat of the

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Market Price
February 8, 2021 admin

China helps Brent crude oil prices pass $60 milestone

(Bloomberg) –Oil rose for a seventh day in New York, the longest streak in almost two years, on continued signs

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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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