Results for "Oleum"

Latest trade data reveals Russia remained the top supplier of crude oil to the United States in August, whereas the US maintained its leading position in liquefied petroleum gas and natural gas shipments.

A Hungarian court has sentenced a man to twelve years in prison for illegally connecting high-voltage electricity to the gate of the Zsolnay Mausoleum in Pécs. The act was classified as attempted murder due to the extreme danger posed to visitors and workers.

NNPC Ltd. saw its after-tax profit fall nearly 48% month-over-month to N279 billion, citing lower crude revenues and operational adjustments amid fluctuating global oil markets.

Petroleum tanker operators in Ghana have initiated a sit-down strike along a key route in Tema, protesting the severe deterioration of local infrastructure affecting their operations.

The Ghanaian government announced a significant petroleum agreement aimed at unlocking greater value from offshore resources and attracting further foreign direct investment.

Erasmus Shipinvest’s liquefied petroleum gas carrier, Gas Fortune, has resumed commercial operations following extensive maintenance and repair work at a shipyard. The vessel’s return strengthens the company’s fleet capacity for regional energy transport routes.

An article highlights the contributions of Split-born geologist Antun Lučić, who played a foundational role in developing the modern petroleum sector in the United States.

The American Petroleum Institute reported a weekly decline of 2.6 million barrels in U.S. crude stockpiles, reflecting recent supply and demand dynamics.

The Ghana Private Road Transport Union announced upcoming adjustments to public transportation rates in direct response to rising petroleum costs affecting operational expenses.

The central government has raised the export tax on refined petroleum products to Rs 1.5 per litre while simultaneously cutting the Aviation Turbine Fuel duty to Rs 19 per litre.

Azerbaijani President Ilham Aliyev announced ongoing efforts to establish new land routes and supply petroleum products to Armenia, highlighting improved regional connectivity discussed at an SCO meeting.

A 12.6-tonne liquefied petroleum gas tanker overturned on the Delhi-Mumbai Expressway, prompting immediate emergency response operations to safely transfer the remaining gas.

Traditional leaders and craftsmen have commenced work on a royal mausoleum to prepare for the interment of the late king, while designated officials oversee the accompanying succession rites.

A Nigerian court has issued an order in favor of the Dangote Refinery, halting certain regulatory actions by the National Midstream and Downstream Petroleum Regulatory Authority. The ruling marks a significant legal victory for the country’s largest private refinery amid ongoing industry disputes.

In the first quarter of FY27, India's liquefied petroleum gas imports from the United States skyrocketed by 254 percent to $2.6 billion, while American crude oil purchases plummeted by 57.5 percent compared to the previous year.

The Environmental Protection Agency has approved 1.76 billion gallons of biofuel exemptions and is currently evaluating proposals to transfer compliance obligations to larger petroleum refiners. The move aims to address supply shortages while reshaping renewable fuel market dynamics.

Representatives from the national news agency met with officials from the state-owned petroleum enterprise to discuss media and industry developments.

Washington's ability to stabilize volatile oil markets is diminishing as the aging Strategic Petroleum Reserve runs dry from prolonged drawdowns linked to the ongoing war with Iran.

Egypt's petroleum minister stated that natural gas import expenses have surged twofold, driven by elevated global energy prices exacerbated by ongoing regional warfare.

The National Petroleum Authority posted a strong financial performance for 2025, with total revenue jumping from GH¢572.71 million in 2024 and generating a surplus of GH¢447 million.

Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has welcomed the government’s decision to extend its GH¢2 per litre intervention on diesel, describing it as a…

Financial experts are divided on Occidental Petroleum's current stock valuation, weighing its oil and gas assets against broader market risks and capital allocation strategies.

America’s strategic petroleum reserves are experiencing reduced effectiveness as sustained military tensions involving Iran continue to disrupt global energy markets. Analysts warn that prolonged geopolitical instability could further deplete buffer stocks needed for emergency supply management.

President Trump confirmed a bilateral agreement granting the U.S. control over a substantial portion of Venezuela's proven petroleum reserves.

Employees of the GNPC organized an inaugural 5-kilometer wellness walk at the University of Ghana campus to promote physical fitness, mental health, and workplace social interaction.

The Dangote Group is evaluating a potential suspension of petrol supplies to independent importers in Nigeria following widespread quality complaints. The decision underscores ongoing challenges in the country’s downstream petroleum sector.

China National Petroleum Corporation announced strong interim performance for the first half of 2026, marking a robust start to the nation's 15th Five-Year Plan period.

The Dangote Petroleum Refinery has implemented three consecutive petrol price hikes within an eight-day period, intensifying public concern over rapidly escalating fuel costs in Nigeria.

Ghana's National Petroleum Authority has increased the price floor for petrol and diesel, with new market rates set to take effect on September 1, 2026.

Implementation of the Petroleum Industry Act continues to drive comprehensive reforms within Nigeria's energy sector. Stakeholders report shifting investment patterns and regulatory adjustments aimed at boosting production.

Legal proceedings claim that gas stations promoted by Donald Trump under the Freedom Fuel brand are allegedly distributing petroleum products obtained through theft.

Islamabad is bolstering its energy reserves and supply chains in response to ongoing maritime bottlenecks and geopolitical instability affecting critical petroleum transit corridors.

Investors are tracking a notable uptick in Evolution Petroleum's stock price, prompting analysis of recent corporate developments, commodity price movements, or sector-wide trading activity driving the rally.

Azerbaijan's state oil company reported a sharp decline in non-petroleum product shipments, totaling $175.7 million year-to-date compared to the previous period.

Chief Executive Michael Bozumbil attributes the downstream petroleum company's rapid growth over twelve years to strict financial discipline and transparent corporate practices.

State-owned Bharat Petroleum Corporation Limited addresses speculation regarding a government proposal to introduce 95-octane fuel blended with 10% ethanol, clarifying current planning stages.

The Nigerian Upstream Petroleum Regulatory Commission is pushing for the rapid completion of its new headquarters, known as “The Barrel,” to improve operational efficiency and enhance the country’s investment appeal.

The US government is reportedly negotiating with Venezuela’s interim administration to secure a stake in the South American nation’s petroleum sector amid shifting geopolitical dynamics.

Naval personnel operating near Lekki successfully intercepted a vessel carrying contraband petroleum products and suspected cannabis shipments. The seizure underscores ongoing maritime security efforts to curb smuggling and illegal trafficking in Nigerian waters.

The Nigerian Upstream Petroleum Regulatory Commission announced that construction of its proposed Abuja complex, dubbed "The Barrel," will be finished by the first quarter of next year.

Coverage details the proceedings and industry responses to the latest petroleum licensing and bidding initiatives.

Bharat Petroleum Corporation Limited (BPCL) has indicated that blending E10 ethanol fuel for older vehicle models is under consideration, though there are currently no plans to phase out E20 petrol.

Ongoing American restrictions continue to severely hamper Iran's ability to import petroleum products, exacerbating domestic fuel supply challenges.

Pakistan's petroleum minister advocated for reviewing the current gas pricing slab system to implement a single rate for all consumers, while prioritizing the resolution of technical and supply challenges in Balochistan.

The Nigerian presidency and the National Association of Nigerian Students have strongly condemned former Vice President Atiku Abubakar’s proposal to reinstate petroleum subsidies. Officials warn that reversing current energy reforms would trigger severe economic instability and contradict previous fiscal adjustments.

A Chinese enterprise has donated fuel tankers to Zambia as part of an initiative to increase youth participation and training within the country's petroleum industry. The donation aims to bridge skill gaps and promote local workforce development.

Crude oil markets rebounded following substantial product drawdowns and minimal inventory builds, with the U.S. Strategic Petroleum Reserve approaching critically low capacity amid geopolitical tensions.

The Guardian Nigeria News published archive pages for the Nigerian National Petroleum Corporation Limited and the Nigeria Police Force.

Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority shows domestic refinery crude imports jumped 151.5% to 5.13 million barrels in July compared to June.

Nigeria's upstream petroleum sector faces restructuring as the National Upstream Petroleum Regulatory Commission confirms that 19 oil block licenses will lapse next year.

Leading petroleum corporations are redirecting substantial capital toward nuclear fusion startups and facilities, betting that the clean energy breakthrough could eventually complement or transform traditional fossil fuel operations.

The Guardian Nigeria News has published articles discussing foreign exchange policies and the rollout of Liquefied Petroleum Gas (LPG) in the country. These reports cover key economic and energy developments in Nigeria.

Overlapping state-backed petroleum processing projects across East Africa are exacerbating longstanding geopolitical rivalries and complicating regional energy cooperation efforts.

The American Strategic Petroleum Reserve is facing engineering limits as less than 300 million barrels remain. These limitations pose a threat to the reserve's capacity and functionality.

The administration has tasked officials with resetting key national sectors, prioritizing the revitalization of the Task Force on Oil & Gas and establishing a regional energy hub.

China National Petroleum Corporation has rolled out its E-Light environmental program across three Asia-Pacific regions, focusing on sustainability and community development projects.

Nigeria's seaborne petroleum product exports have increased sevenfold since 2023, driven by improved output from the Dangote refinery, which has enhanced regional fuel trade and supplies to Europe and Africa.

The Senegalese Petroleum Association (ASP) has issued a firm response to the Minister of Labor regarding the application of the collective agreement. The association's statement addresses ongoing discussions and concerns related to the agreement.

Pakistan's government has approved allowing foreign fuel suppliers to establish bonded storage facilities for imported petroleum products, aiming to prevent supply disruptions following the closure of the Strait of Hormuz.

Presidents Ilham Aliyev of Azerbaijan and Shavkat Mirziyoyev of Uzbekistan, accompanied by their First Ladies, visited several historic monuments in Bukhara. Their tour included the Poi-Kalyan Complex, Ismail Samani Mausoleum, Ark Fortress, and Bahauddin Naqshband mausoleum.

China Petroleum & Chemical has released its first-half financial results and provided its outlook for the full year, detailing its performance and future projections.

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for oil regulators to be evaluated based on industry results rather than just licenses and approvals. This statement emphasizes a focus on tangible outcomes in the Nigerian oil sector.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set an October 19, 2026, deadline for 31 oil block winners to pay their signature bonuses, warning that failure to comply will result in the loss of their provisional awards.

The Movement for the Survival of the Ogoni People calls for open dialogue regarding oil negotiations and job slot distribution by the Nigerian National Petroleum Company, citing concerns over alleged secrecy.

A parliamentary commission in Moldova is set to review a Ministry of Energy bill aimed at strengthening national security through improved emergency petroleum storage regulations.

The High Court has denied a request by accused individuals in the National Petroleum Authority–Unified Petroleum Pricing Fund corruption trial to have their charges struck out.

America's emergency oil storage facilities have fallen to just 40% of their total capacity, marking the smallest reserve levels in over four decades amid high drawdowns.

The government is overhauling the regulatory and tax framework governing the petroleum sector to improve competitiveness and draw increased exploration funding.

Egypt reported a dramatic 73% increase in exports of petroleum and mineral resources during the first six months of the year, highlighting a significant boost in the country's extractive sector revenues.

Premium Motor Spirit prices across Nigerian petroleum hubs have surged to N1,290 per litre, prompting expectations of another retail fuel price adjustment amid tightening international crude markets.

Industry expert Osifo warns that the Nigerian Midstream and Downstream Petroleum Regulatory Authority's plan to impose price caps on petroleum products could deepen the domestic fuel shortage and deter downstream investment.

Communities living alongside collapsing infrastructure in Lake Maracaibo's historic petroleum hub brace for ecological consequences as production resumes.

Medical authorities caution against using palm oil as a home remedy to induce vomiting after kerosene exposure, stressing the dangers of petroleum distillates in household settings.

The Swiss municipality of Köniz will soon introduce Biobitumen, an innovative plant-extract road surface free of petroleum, aiming to reduce traffic noise and environmental impact.

The Nigerian Upstream Petroleum Regulatory Commission reaffirmed the enforceability of a $300 helicopter levy for air navigation while officially exempting offshore petroleum operations from the Terminal Navigational Charge.

Regulated petroleum product prices in Slovenia changed overnight, with 95-octane gasoline increasing by 1.5 cents to 1.623 euros per liter. Conversely, diesel prices dropped significantly by 9.2 cents to 1.811 euros per liter, marking a notable decrease from recent record highs.

New information has surfaced concerning the planning and development status of a liquefied petroleum gas terminal project, though specific operational details remain limited.

The Ghana National Fire Service successfully controlled a major fire involving a liquefied petroleum gas tanker on the Accra-Tema motorway, preventing a potential disaster.

Atlantic Petroleum has published its condensed consolidated interim report covering the second quarter and the first half of 2026. The filing outlines the company's financial performance and operational updates for the period.

The Nigerian Upstream Petroleum Regulatory Commission has upheld a $300 landing fee for air navigational services on upstream operators but clarified that terminal charges do not apply to helicopters.

A federal advisory panel is calling for immediate action to evaluate domestic underground energy reserves, aiming to bolster national competitiveness and secure long-term supply chains.

The worsening condition of the 7.2km Valco Roundabout-Kpone Junction road in Tema has triggered widespread complaints from residents and prompted petroleum tanker drivers to threaten fresh strikes.

Legal expert Mr. Falana has called on the Nigerian government to prohibit petroleum product imports, arguing that prioritizing crude supply for local refineries would reduce reliance on foreign fuel and alleviate economic hardships following subsidy removal.

COPEC has called on the Ghanaian government to move beyond temporary subsidies and develop sustainable policies to address persistent high petroleum prices affecting consumers.

CEO of Nigerian National Petroleum Company Limited (NNPCL) Archives  The Guardian Nigeria News

This collection aggregates recent reporting from The Guardian Nigeria, highlighting developments across trade union activities, national petroleum leadership, and proposed fiscal frameworks. The entries reflect a broad overview of current domestic policy and industrial discussions in Nigeria.

National petroleum agency announcements confirm upcoming retail fuel price hikes, prompting warnings of higher transport and living costs for consumers.

The Nigerian Upstream Petroleum Regulatory Commission has officially registered 172 host communities development trusts while intensifying enforcement of the mandated 3% oil levy.

Petroleum Minister Abdourahmane Diouf has sharply condemned opposition figure Ousmane Sonko for alleged double standards regarding political financing and proposals concerning religious cities in Senegal.

Members of the House of Representatives have formally warned the Nigerian National Petroleum Company Limited to break its silence and provide concrete timelines for completing stalled refinery upgrades.

The Serbian cabinet has extended the prohibition on exporting petroleum derivatives and implemented a reduction in excise duties on gasoline and diesel to stabilize domestic fuel prices.

Financial analysts compare the payout sustainability and risk profiles of two major oil producers, evaluating which company offers a more secure dividend for income-focused investors.

The Ministry of Energy and Minerals is rolling out an integrated health, safety and environment framework across Oman’s petroleum sector to elevate operational safety and regulatory compliance.

Analysts note that Beijing's vast strategic petroleum reserves are strengthening its negotiating position and economic influence as tensions escalate during the ongoing conflict involving Iran.

Industry specialists recommend transitioning to domestically manufactured chemical inputs to significantly reduce operational expenses in Nigeria’s petroleum sector. The proposed shift aims to enhance economic efficiency while strengthening local industrial capacity.

Microsoft co-founder Bill Gates is once again at the center of a viral conspiracy theory circulating online, this time alleging he has introduced a line of butter containing petroleum derivatives.

Northland Securities raises its rating for the energy exploration company, emphasizing attractive current valuation metrics relative to industry peers.

A ship carrying liquefied petroleum gas paid a record amount of $5.3 million to pass faster through the Panama Canal, after the Authority managing the...

Michael Bozumbil outlines how maintaining integrity, building trust, and practicing strict financial discipline have driven Petrosol's expansion in a competitive market.

Washington is reportedly negotiating with Caracas to secure a significant ownership interest in key Venezuelan petroleum assets, signaling a potential shift in bilateral energy relations.

Bharat Petroleum CMD initially suggested the company was considering an E10 petrol blending option but later clarified that no decision has been finalized yet amid growing scrutiny.

The Jamaat-e-Islami party has called for a countrywide strike on September 3 to protest a new petroleum levy, warning that disruptions will expand to markets and roads if the government does not provide relief.

Civil society organizations across Nigeria have voiced support for the Labour Congress amid allegations of government collusion with oil marketers, calling for greater openness in petroleum pricing.

Viral social media posts falsely claim that Oreo biscuits contain petroleum-based ingredients, but manufacturers and food safety experts confirm the recipe uses standard edible oils and does not include any fossil fuel derivatives.

The Nigeria Governors’ Forum has firmly denied accusations that sub-national governments mishandled revenues generated from the petroleum subsidy removal, while simultaneously endorsing the national CNG transition program.

The Lithuanian Energy Agency reported that average gasoline and diesel prices dropped further this week, while liquefied petroleum gas prices increased.

Iranian officials confirm that ongoing US sanctions and maritime blockades are severely restricting the country's ability to import essential petroleum products, exacerbating domestic fuel shortages.

Led by the Dangote Petroleum Refinery, local facilities accounted for nearly 75% of Nigeria’s petrol supply in the first seven months of 2026, surpassing imports despite a recent resurgence in foreign fuel shipments.

Official data reveals that Russia's crude oil and petroleum output declined by 19.3 percent year-over-year during July, marking a significant contraction in domestic extraction levels.

Fifteen months after President Mahama's intervention, the Tema Oil Refinery has been successfully revitalized, shifting from a facility slated for closure to a key component of Ghana's petroleum hub ambitions.

The FG confirmed that companies have applied to extend their expired petroleum licenses, with applications currently undergoing standard review procedures.

Nomura has highlighted Indian Oil Corporation and Bharat Petroleum as top picks in the refining sector, noting resilient profit margins despite global forecasts of oil oversupply.

Critics argue that the government's push to convert vehicles from liquefied petroleum gas to compressed natural gas lacks transparency and prioritizes cost over passenger safety.

The American Petroleum Institute reported a weekly build of 4.2 million barrels in U.S. crude stockpiles, reflecting current supply dynamics ahead of upcoming economic data releases.

Ghanaian petroleum company Xpress Gas has signed an agreement with Beijing-based Polygon Energy Technology to enhance domestic liquefied petroleum gas distribution through improved cylinder recirculation.

Coverage from Guardian Nigeria focuses on recent developments and capital flows within the country's offshore petroleum sector. The reporting examines foreign partnerships and regulatory frameworks guiding deepwater exploration projects.

Rwandan officials are evaluating potential investments in Nigeria's Dangote Refinery, aiming to secure refined petroleum products and strengthen regional energy cooperation.

State-controlled energy giant Petrobras announced a significant petroleum find along the Equatorial Margin near the Amazon, drawing praise from President Lula while raising alarms among environmentalists over ecological risks.

Malacañang stated the government has not discussed providing a fuel subsidy for private motorists following another round of petroleum price increases.

Eco Atlantic Oil & Gas has noted Navitas Petroleum's drilling plans for exploration activities in the Falkland Islands and South Africa.

Nymex petroleum futures experienced a decline as the market appeared to shrug off the latest sanctions imposed on Iran, indicating a muted impact on oil prices.

The Guardian Nigeria maintains an archive of reporting focused on the downstream petroleum sector, covering fuel distribution, pricing mechanisms, and refinery operations in Nigeria.

Investment analysis compares three major energy giants to determine which oil and gas stock has delivered superior returns in 2026, evaluating operational efficiency and market positioning.

The Nigerian National Petroleum Company Limited (NNPC Ltd) and its OML 118 partners have signed agreements for the Bonga South-West Aparo deepwater project, targeting a $21 billion investment.

Ghana has extended an invitation to Brazil's state-owned oil company, Petrobras, for direct negotiations regarding oil exploration in the Keta Basin, as part of intensified efforts to attract investment into its upstream petroleum sector.

Five years after its enactment, Nigeria's Petroleum Industry Act (PIA) is facing scrutiny from stakeholders who are calling on the Federal Government to address outstanding implementation gaps in the oil and gas sector.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has expressed support for Shell's Bonga project, even as HEDA Resource Centre calls for environmental remediation efforts.

Seven years after Vicki Hollub's Berkshire-backed acquisition of Anadarko, oil and gas group Occidental Petroleum is working to chart a steadier course and move past the deal's complex legacy.

A simple household product like petroleum jelly can be highly effective for daily nail maintenance and manicure routines, offering moisturizing and protective benefits often overlooked by consumers.

A senior U.S. administration official has stated that China will not receive financial claims from Venezuela’s oil sector, addressing concerns over Beijing’s involvement in Caracas’s energy assets. The remarks also touched on broader U.S. strategies regarding strategic petroleum reserves and Middle East shipping lanes.

Government officials report adequate petroleum stockpiles to maintain energy security through the coming month, alleviating immediate supply concerns.

A fresh wave of petroleum tycoons is actively negotiating partnerships and investments to modernize the country's struggling energy sector and attract foreign capital.

Officials emphasized that future petroleum sector funding must directly benefit domestic enterprises and workforce development rather than focusing solely on extraction volumes.

According to the Lithuanian Energy Agency, average retail prices for gasoline, diesel, and liquefied petroleum gas saw a minor decline early this week.

A petroleum firm associated with Donald Trump intends to deploy over 50 drilling rigs to revitalize Venezuela's struggling crude oil production sector.

Energy and mining firms CW Petroleum and Mkango Resources have published their first-half financial reports. Both companies detailed their mid-year performance, highlighting production metrics and strategic operational updates.

COPEC's executive secretary cautioned that sustained increases in fuel prices will directly drive up public transportation costs across Ghana.

Jamaat-e-Islami says government negotiating team must present a ‘complete package’ before formal talks can begin

Average prices for gasoline, diesel, and liquefied petroleum gas (LPG) increased on Tuesday morning by 2.93%, 2.37%, and 1.45% respectively, according to the Lithuanian Energy Agency (LEA).

Ukrainian unmanned aerial vehicles struck the strategic Ust-Luga port near St. Petersburg, causing a major fire at a critical hub for Russian petroleum product exports.

Military forces successfully raided and destroyed illicit refining operations in southern Nigeria, recovering thousands of liters of refined petroleum products.

Additional documentation and project details have been made available concerning the development of a new liquefied petroleum gas terminal facility. Stakeholders are reviewing the updated specifications as part of ongoing infrastructure planning and regulatory assessments.

A Federal High Court in Lagos has issued an interim injunction restraining the Nigerian Midstream and Downstream Petroleum Regulatory Authority from shutting down or interfering with the operations…

A petroleum company associated with Donald Trump is preparing a large-scale push to increase extraction activities in Venezuela.

The Industrial Training Fund has inaugurated a 47,600-litre capacity fuel station in Jos, Plateau State, aiming to improve petroleum access for staff while expanding its role in Nigeria’s economic development.

The Nigerian National Petroleum Company Limited has increased the pump price of petrol to N1,345 per litre in the Federal Capital Territory, prompting concerns over rising transport and living costs.

The Ghana National Petroleum Tanker Drivers Union has announced a sit-down strike to protest the poor state of the VALCO-TOR-Kpone road, citing safety and operational hazards for fuel transport.

Six months into the US-Israeli campaign against Iran, Washington faces mounting pressure to calm volatile oil markets after years of draining the Strategic Petroleum Reserve.

Ghana’s petroleum industry association urges policymakers to develop sustainable energy strategies beyond temporary fuel relief. Meanwhile, Switzerland’s Zurich canton has officially prohibited headscarves in public school classrooms for both teachers and students.

Turkey-based SOCAR STAR refinery reported significant year-over-year production increases for diesel and liquefied petroleum gas in June 2026.

Diesel fuel prices fell in Lithuania while gasoline and liquefied petroleum gas costs increased, according to the latest weekly data from the Lithuanian Energy Agency.

Philippine motorists will see reduced fuel prices starting Tuesday as authorities implement a scheduled rollback in petroleum rates to provide economic relief to consumers.

Under the leadership of Ojulari, Nigeria's National Petroleum Company is focusing on operational efficiency, investment attraction, and removing bureaucratic hurdles to maximize returns from deepwater petroleum resources.

The Centre for the Promotion of Private Enterprise warns that continued issuance of petroleum import permits without proof of genuine supply shortfalls threatens domestic refining capacity.

The Chamber of Petroleum Consumers projects slight fuel price adjustments at local stations starting early September, reflecting broader regional market trends.

Nigerian publications are examining the ongoing overhaul of the nation’s oil and gas industry, analyzing its economic implications and impact on international shipping. Reports highlight how structural reforms aim to stabilize domestic fuel supplies and attract foreign investment.

Official statements confirm widespread scarcity of petroleum products across the country, exacerbating transportation challenges and economic strain for citizens and businesses.

The federal petroleum minister met with industry representatives to discuss long-term energy planning, emphasizing the need for predictable policies and robust storage infrastructure.

Uzbekistan is considering a partnership in a new Azerbaijani oil refinery project to facilitate the import of refined petroleum products.

Morningstar has published current stock price quotes and market indicators for Naphtha Israel Petroleum Corp Ltd (NFTAF), reflecting recent trading activity.

Coverage focuses on the current status and challenges surrounding petroleum extraction activities in the environmentally sensitive Niger Delta area.

Average prices for gasoline, diesel, and liquefied petroleum gas dropped by less than 1 percent across Lithuanian gas stations on Friday morning, according to the national energy agency.

Molly Benson, the chief legal officer at Marathon Petroleum, divested a stake in the energy company worth roughly $6.17 million.

Washington is finalizing a deal to secure sustained access to Venezuelan petroleum reserves, building upon current American oversight of the country’s oil export operations.

Official data reveals a significant increase in diesel and refined fuel shipments abroad, with total petroleum exports reaching 5.5 million tonnes.

According to Axios, the Trump administration is currently negotiating with Venezuela’s interim government to secure a proprietary stake in the country’s petroleum assets.

President Trump scheduled meetings with petroleum refiners and fuel retailers as escalating tensions in Iran drive up domestic gasoline prices ahead of the midterm elections.

Ghanaian political figure Zanetor Agyeman-Rawlings has committed public funds to support scientific research into biodegradable plastic alternatives derived from cassava and hemp. The initiative aims to reduce environmental pollution by replacing conventional petroleum-based materials with sustainable agricultural products.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has engaged gas processing companies to strengthen the national distribution network for LPG and propane.

Black Sea Petroleum has completed its transition to sourcing non-Russian crude oil at the Georgian port of Kulevi, aligning with broader regional supply chain adjustments.

State statistics show Cyprus fuel sales rose 1.3% to 146,656 tonnes in July, reversing a decline seen in June and signaling renewed market activity.

On August 27, 1858, American Edwin Drake successfully drilled the first commercial underground oil well, marking the beginning of the modern petroleum industry.

NMDPRA Chief Rabiu Umar cautioned that inconsistent regulatory frameworks could severely undermine foreign and domestic investment in Nigeria's petroleum sector.

One of Kazakhstan’s largest petroleum processing plants has refused to continue supplying gasoline to Russia, citing the risk of secondary international sanctions.

Kenyan authorities have announced a renewed campaign to dismantle illegal liquefied petroleum gas cartels, citing safety concerns and revenue losses. Cabinet Secretary Wandayi emphasized that stricter enforcement measures will be implemented across the country starting immediately.

Average prices for gasoline, diesel, and liquefied petroleum gas decreased across Lithuanian gas stations on Wednesday morning, according to the Lithuanian Energy Agency.

U.S. energy data highlights the Dangote facility as the primary catalyst for Nigeria's dramatic surge in seaborne fuel exports since 2023, reshaping the nation's energy landscape.

As the world transitions away from petroleum, nations and corporations are competing fiercely for lithium supplies, reshaping modern trade routes and alliances much like oil did in the twentieth century. This strategic shift is driving new international partnerships and resource nationalism.

Despite significant stock surges in 2026, Barron's publication argues that refining giants Marathon Petroleum and Valero Energy still possess substantial upside potential for investors.

U.S. petroleum refiners are encountering tighter crude supply conditions following recent production reductions at Canadian oil sands facilities, potentially impacting regional fuel markets.

Jamaat-i-Islami leadership has issued an ultimatum demanding the abolition of a controversial petroleum tax, warning of mass road blockades and marches on Islamabad if ignored.

Indonesian President Prabowo Subianto emphasized the necessity of halting domestic oil and liquefied petroleum gas imports within three years to bolster national energy security.

Analysts identify three energy equities positioned to benefit from Baghdad's ambitious plans to increase production capacity and modernize its petroleum infrastructure.

Regulated prices for petroleum derivatives in Slovenia have risen overnight, with 95-octane gasoline increasing by 2.6 cents to €1.608 per liter and diesel by 4.6 cents to a record €1.903 per liter.

China National Petroleum Corporation has rolled out its E-Light environmental program across three Asia-Pacific locations, focusing on community sustainability and ecological projects.

Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) indicates that Nigeria's average daily domestic petrol supply fell by 20.6% in July, leading to an increase in imports.

From the early hours of Monday, August 24, Tivaouane set the tone with endless lines of pilgrims at its mausoleums. The scene reflects a deep immersion in faith, patience, and devotion.

The installation of the dome has commenced at the mausoleum of Shams Tabrizi in Khoy, marking a significant architectural project in northwestern Iran.

International Petroleum Corporation has announced the results of its normal course issuer bid, providing an update on its share repurchase program. Taiwan News also reported on this announcement.

Marine Petroleum Trust announced a dividend of $0.0954 per unit, payable to its shareholders.

Jamaat-i-Islami chief Hafiz Naeemur Rehman warned of converting sit-ins into a shutter-down strike and staging an indefinite protest in Quetta over the petroleum levy.