Oil prices climb in Asia Friday early trade amid sudden drop in U.S. crude stockpiles
Oil prices were up Friday morning in Asia, boosted by an unexpected decline in U.S. crude inventories. Crude Oil WTI futures for ...
Wednesday, April 15, 2026
Tag: Oil and Gas
10% of global independent refiners at risk of closure by 2025 as transition towards carbon-free world intensifies
As the world moves towards lower carbon emissions, the business of oil refining appears to be at risk in the ...
Nigeria’s state oil company imports $5.8bn worth of fuel to curb crisis
Nigeria’s state oil company disclosed Tuesday that it had spent $5.8 billion on the importation of Premium Motor Spirit (PMS) ...
Iraq needs $4bn for new downstream oil investments, as OPEC supply cut deal to wait until December
Jabar al-Luaibi, Iraqi oil minister Jabar al-Luaibi, Iraqi oil minister said on Tuesday that the country needs $4 billion for ...
ExxonMobil, Shell, Chevron, Total, BP cautious despite profiting from oil price rebound
The world’s leading oil companies published a bumper crop in profits last year as rising crude prices helped turn their ...
No excuse for continued use of energy subsidies worldwide- Christine Lagarde
Christine Lagarde, the international monetary fund's Managing Director asserted on Saturday the importance of removing energy subsidies worldwide and especially ...
Nigeria’s state oil company to import 100m litres of gasoline per day in Feb
Nigerian National Petroleum Corporation, NNPC, said it will import two cargoes of gasoline per day for the rest of February ...
U.S. crude oil inventories decrease again as oil prices rise
Oil prices rose Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last ...
Nigeria’s Kaduna refinery shut temporarily, state oil company says
Nigeria’s Kaduna oil refinery has temporarily shut down because of a lack of crude, the Nigerian National Petroleum Corporation (NNPC) ...
Erin Energy discovers hydrocarbons in Nigeria’s Oyo-NW well
Erin Energy Corporation on Wednesday announced that it has completed the drilling of the Nigeria's Oyo-NW well, and based on ...
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