News

The Petroleum Hub Development Corporation (PHDC) will collaborate with sister agencies to conduct a series of training ...
India is close to discovering a Guyana-scale oil field in the Andaman sea, Minister of Petroleum & Natural Gas Hardeep Singh ...
The Odisha government formed a task force to ensure smooth movement of fuel tankers and goods vehicles as the state is staring at a possible fuel crisis with the strike by drivers entering its third ...
The government is likely to provide Rs 30,000-35,000 crore in subsidies to IOC, BPCL, and HPCL to offset losses incurred from ...
It is estimated that the Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation incurred a ...
Indian govt likely to provide ₹30,000-35,000 crore subsidy to oil companies (IOC, BPCL, HPCL) to compensate for LPG losses incurred over 15 months. Finance ministry is finalizing the compensation ...
The Indian government plans to subsidize state-run oil companies with Rs 30,000-35,000 crore due to the losses from selling ...
Dangote refinery will use only Nigerian crude by end-2025 as export contracts expire • In June, 53% of crude was locally sourced; past reliance on imports was due to supply issues • Shift aims to cut ...
U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his ...
Petrol stations have cut their pump prices below N900 per litre, several days after Dangote Refinery lowered its ex-depot prices by N40Findings showed that many filling stations in Lagos and Ogun sell ...
Nigeria’s Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline ...
The UAE’s Energy Minister Suhail Al Mazrouei has reiterated the country’s full support for OPEC+ decisions, according to ...