Punjab’s Cabinet, under the leadership of Chief Minister Bhagwant Mann, approved a rise in petrol and diesel prices by 61 paise and 92 paise per liter, respectively, on Thursday. This…
Energy Category
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Argentina has taken a significant step in enhancing its energy sector by passing the Basis Law, which includes the Incentive Regime for Large Investments (RIGI). This legislation aims to attract…
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Natural gas is a vital component of the global energy mix, playing a significant role in heating, electricity generation, and as a feedstock for industrial processes. Unlike crude oil, which…
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The Dangote Oil Refinery has started processing petrol after recent delays attributed to crude oil shortages. Devakumar Edwin, a vice president at Dangote Industries Limited, confirmed that the Nigerian National…
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Recently, the evolving energy transition has been discussed, a concept that gained prominence after the 1973 oil crisis and was championed by President Jimmy Carter. The transition represents the global…
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Oil stocks enjoyed a resurgence two years ago as investors capitalized on record industry profits driven by the European gas crisis and sanctions on Russia. However, recent assessments suggest this…
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Diesel fuel is a vital component of modern industrial society. It powers heavy machinery, trucks, buses, ships, and even some cars. Diesel engines are known for their efficiency, durability, and…
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Human rights lawyer Femi Falana has called for an independent investigation into alleged irregularities surrounding the petrol subsidy and the importation of petroleum products into Nigeria. Falana voiced his concerns…
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The Nigerian National Petroleum Company Limited (NNPC) is confronting severe financial difficulties, struggling with substantial debt to fuel suppliers. This issue raises questions about the future stability of the nation’s…
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Crude oil imports across Asia, the world’s largest importing region, have shown a notable recovery in August following a two-year low recorded in July. China, the leading global crude importer,…