Tag: Downstream

Oil futures tumble amid escalating trade disputes and rising supply.

Oil prices hit a six-month low as trade wars, led by U.S.…

n-tshongweni

New Stratus Energy exits Venezuela fields.

New Stratus Energy (NSE) has dissolved its joint venture (JV) for four…

elijah-muyambo

Shell says domestic gas growth and monetization need dedicated infrastructure.

Shell urges infrastructure development to boost domestic gas growth and monetization. SNG…

elijah-muyambo

China urges refiners to reduce fuel production and focus on chemicals.

China is pushing refiners to cut fuel production and boost petrochemical output…

muayyat-mohammed

Petroleum marketers foresee lower transport costs after fuel price cut.

PETROAN expects lower transport fares after NNPCL and Dangote refinery reduced petrol's…

muayyat-mohammed

Crude Drops as OPEC+ Lifts Supply

Oil prices hit a yearly low after Bloomberg reported that OPEC+ will…

elijah-muyambo

Aramco Cuts Record Dividend

Aramco cut its dividend to ease financial strain, impacting Saudi Arabia’s budget…

n-tshongweni

Oando’s Offshore Refinery Deal Backed by Strong Finances

Trinidad and Tobago selected Oando as the preferred bidder for the Guaracara…

elijah-muyambo

US to Supply One-Third of Global LNG by 2035: Shell

Shell projects the U.S. could supply one-third of global LNG demand by…

n-tshongweni

NNPCL Exploration Aims for 550,000 BPD by 2027

NNPC Exploration and Production Limited (NEPL) aims to boost oil output to…

elijah-muyambo