Tuesday, March 10, 2026
Equatorial Guinea looks to copy Nigeria’s modular refinery model
...as oil minister visits Waltersmith site in Imo Ben Eguzozie in Port Harcourt Equatorial Guinea, an oil producer in...
Read moreDetailsOPEC+ struggles with oil’s incredibly fast fall
OPEC+ is meeting urgently to discuss moves in the face of an inexorable slide in oil prices that has brought...
Read moreDetailsUS unexpectedly lifts Iran-related sanctions on Chinese tanker company
The United States will remove the sanctions it imposed on Chinese tanker operator Cosco for violating the Iran oil sanctions....
Read moreDetailsExxon’s earnings slump on poor petrochemical, refining results
ExxonMobil reported on Friday fourth-quarter earnings down from a year earlier, as lower natural gas prices and weak chemical and refining...
Read moreDetailsSenate probes poor state of refineries
The Senate has begun a probe into what it described as the poor state of refineries the nation’s. According to...
Read moreDetailsOil falls as coronavirus cases surpass SARS total
Oil prices on Thursday fell on concerns over the potential economic impact of the coronavirus that continues to spread worldwide,...
Read moreDetailsCoronavirus: Nigeria’s N2.64tn proposed oil revenue under threat
The federal government’s oil revenue projection for 2020 may be badly hit by the coronavirus outbreak in China which has...
Read moreDetailsOil prices rise despite impact of China virus on fuel demand haunting the market
Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the...
Read moreDetailsRefineries posted N123.3bn loss in 10 months – NNPC
The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from January...
Read moreDetailsChina coronavirus could push oil down by $3
The outbreak of a coronavirus in China that is now an international threat could cut oil demand by 260,000 bpd,...
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