The debate over the most cost-effective heating source for homes—gas or oil—has gained significant attention in recent years. This interest is driven by fluctuating fuel prices, environmental concerns, and the…
Fuel Oil
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Fuel oil plays a critical role in the global energy market, serving as an essential component for industries, power plants, and various forms of transportation. Its use in large-scale industrial…
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Opposition-nominated member of the Investment Committee for Guyana’s Natural Resources Fund (NRF), Dr. Terrence Campbell, has raised questions about the transfer of oil revenues to the Consolidated Fund without specific…
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In a significant shift in the ongoing geopolitical tension in the Middle East, an Iranian tanker carrying oil to Syria has reversed its course in the Red Sea, seemingly headed…
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Crude oil deliveries from Russia to the Czech Republic through the Druzhba pipeline were halted, according to a spokesperson for Unipetrol, a Czech refiner and subsidiary of Poland’s Orlen Group.…
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The petroleum industry is a vast and intricate field, producing a wide array of products derived from crude oil. Among these products, fuel oil and lube oil are two essential…
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Nigeria’s reliance on foreign sources for petroleum products remains high, with the nation importing ₦9.18 trillion worth of petrol (Premium Motor Spirit) between January and September 2024, according to the…
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The Methanol Institute (MI) has announced the addition of HIF Global as its newest member, effective December 5. HIF Global, a leader in the development of e-Fuels, produces sustainable alternatives…
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Volvo Group Australia has announced a significant step towards its 2030 emissions reduction targets, revealing plans to replace diesel with Hydro Treated Vegetable Oil (HVO) in all Volvo and Mack…
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Former President Donald Trump’s suggestion to impose a 25% tariff on Canadian and Mexican oil imports has ignited a firestorm of debate, with critics warning of dire consequences for the…