India’s natural gas consumption is projected to nearly double from 65 billion cubic meters (Bcm) in 2023 to 113.7 Bcm by 2040, driven by population growth, economic development, and a…
Energy Category
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Diesel engines are known for their durability and fuel efficiency, which make them popular for both personal vehicles and industrial use. However, like any engine, they require regular maintenance to…
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The Dangote Petroleum Refinery has initiated the direct distribution of Premium Motor Spirit (PMS), commonly known as petrol, to select oil marketers, bypassing the Nigerian National Petroleum Company Limited (NNPC).…
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Retail prices for petrol and diesel saw a significant increase in various cities across India on Thursday, with notable changes reported from Uttar Pradesh to Rajasthan. This surge in fuel…
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During a speech on Thursday at the Commonwealth Heads of Government Meeting (CHOGM), Tuvalu’s Prime Minister Feleti Teo delivered a stark warning regarding fossil fuel expansion, declaring it a “death…
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Natural gas prices continued their bullish momentum yesterday, rising to the $3.000 level and nearing a significant resistance point at $3.0300. The prevailing positive indicators suggest an increased likelihood of…
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The topic of peak oil has garnered significant attention recently, focusing primarily on the timing of peak demand—whether it will occur before 2030 or later. However, discussions also extend to…
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President Bola Ahmed Tinubu announced that Nigerian motorists can now choose between purchasing Premium Motor Spirit (PMS), commonly known as petrol, at N1,000 per litre, or opting for Compressed Natural…
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Oil marketing companies (OMCs) in India update fuel prices daily, reflecting the previous day’s trading activity in oil markets. These revised prices come into effect around 6 AM each morning,…
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Natural gas prices are displaying a bullish trend as they maintain stability above the $2.680 support level. Recently, prices reached the first target of $2.930. However, the market has since…