Latest News for: oil production

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Government eyes deregulation of fuel prices

Dawn 19 Apr 2024
Amid increasing fuel prices and the oil industry’s complaints over the rising influx of smuggled oil products, the government has expedited the process of deregulating petroleum pro­duct prices to ...
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Military Pledges Full Support as FG Seeks End to Oil Theft, Raises Output

This Day 19 Apr 2024
The Nigerian military yesterday pledged its full support towards the efforts of the federal government to minimise oil theft as well as raise the production of the commodity in the Niger Delta.
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PetroVietnam sees strong growth in Q1

Vietnam News 19 Apr 2024
In March, the company witnessed significant growth in all key production indicators, with daily oil production reaching its highest level of the year ... Particularly, crude oil production surpassed ...
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Bloomberg: Dangote Refinery Getting a Third of Its Crude from US, Set to Shake W’African Supply Market

This Day 19 Apr 2024
... products ... Nigeria released new rules earlier this week that will compel its oil producers to sell crude to domestic refineries in a bid to reverse the country’s reliance on imported refined products.
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Seplat’s Dual Listings: 10-years of Economic Impact, Shareholders’ Value

This Day 19 Apr 2024
Seplat Energy is underpinned by a high-quality asset base and has invested to consistently grow oil production and capacity ... least $2billion, as part of its aggressive Oil and Gas production portfolio.
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Petrochemical Storm Clouds Gather Over Saudi Arabia

The Arabian Post 19 Apr 2024
In a move that surprised many, state-owned oil giant Saudi Aramco hiked feedstock prices in early January ... Saudi Arabia has traditionally enjoyed a cost advantage in petrochemical production due to its access to low-cost crude oil.
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Simone Gannon: Four great tan products for a low-stress faux glow

The Irish Times 19 Apr 2024
Look no further for lazy-girl tanning products ... When an existing tan needs to be brought back to life, I love nothing more than a tan-enhancing dry oil, writes Simone Gannon ... While the products I ...
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Saudi Arabia Needs Oil Price Near $100, IMF Says

Hindustan Times 19 Apr 2024
Saudi Arabia will need a higher oil price than previously thought this year as the OPEC leader spearheads the group’s production cuts, according to the International Monetary Fund. Saudi Arabia Needs Oil Price Near $100, IMF Says.
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Oil prices surge 3% after reported Israeli strikes on Iran: What's happening?

Hindustan Times 19 Apr 2024
Oil prices rose $3 a barrel following reports that Israeli missiles had struck a site in Iran. The reports sparked concerns over disruption of oil supply owing to which benchmark contracts surged more than $3 to later eases slightly.
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Tullow reinforces commitment to Ghana’s economic growth

Business Ghana 19 Apr 2024
The UK-based multinational oil and gas company, currently operates the two main oil fields in GhanaJubilee and TEN ... production capacity of the field from 70,000 to 100,000 barrels-per-day.
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Exports of textiles post meagre rise in March

Dawn 19 Apr 2024
The decline in growth was attributed to rising production costs due to higher energy prices and a liquidity crunch ... Oil imports ... According to PBS, import of petroleum products fell by 21.02pc in value during July-March and 13.38pc in quantity.
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Heze Peony forum cultivates participants' understanding of China's national flower

China.dot.org 19 Apr 2024
Besides seeds and sprouts, peonies are also used in the manufacturing of many health and beauty products, including everything from teas and oils to skincare and cosmetics ... of peony seed oil.
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U.S. just changed how it manages a tenth of its land

The Day 19 Apr 2024
It has called the public lands rule an example of regulatory overreach that will stifle domestic energy production, even as the United States pumps more oil than any nation in history ... fossil fuel production.
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Bitcoin slides below $60,000 on reports Israel strikes Iran

Hindustan Times 19 Apr 2024
Oil prices surge 3% after reported Israeli strikes on Iran ... Oil, gold and bonds rallied sharply. Discover the complete story of India's general elections on our exclusive Elections Product! Access all the content absolutely free on the HT App ... ....
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Turkey's Erdogan to visit Iraq next week: Turkish official

The New Arab 19 Apr 2024
There are also issues regarding natural gas and oil flow to Turkey, and Erdogan added that he would try to address them ... Additionally, Iraq's endeavours to diversify its oil exports further underscore the importance of this visit.".
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