Moldova's National Agency for Energy Regulation (ANRE) confirms that the country has sufficient petroleum product stocks, posing no systemic risk to consumers despite regional energy concerns.

ZEN Petroleum has reiterated its commitment to strengthening its retail operations in Ghana after honouring outstanding staff and dealers at the 2026 Retail Excellence Awards in Accra. Speaking to Joy Business on the sidelines of the event, Founder of ZEN Petroleum, William Tewiah, said the gathering was primarily to recognise and reward hardworking staff. “Today’s […]

“Petroleum Minister Ali Pervaiz ‌Malik raised the issue in a meeting with Saudi Arabia’s Ambassador to Pakistan, Nawaf bin Said Al-Malki,” according to a Ministry statement

Nigerian homes, businesses and others are in for harder times following sharp increases in the retail prices of Liquefied Petroleum Gas, LPG, also known as cooking gas; Automotive Gas Oil, AGO, known…

Human rights lawyer and activist, Deji Adeyanju, on Tuesday described the recent increase in petrol prices by Dangote Petroleum Refinery & Petrochemicals and other players in the petroleum sector as…

India possesses ample energy reserves to navigate current Middle East tensions, assured Petroleum Minister Hardeep Puri. He highlighted the nation's commitment to energy availability, affordability, and sustainability, addressing concerns over potential supply disruptions. This assurance comes as global oil routes face risks, impacting major Asian economies reliant on Middle Eastern crude.

North Macedonia's MERMS agency confirms that the Agency for Mandatory Oil Reserves (MAKORA) maintains stable state oil and petroleum product reserves in accordance with European regulations, ensuring minimum coverage.

An Oleum gas leak in Boisar MIDC, India, caused panic and led to the evacuation of over 2,600 individuals, including more than 1,600 students from a local school. The situation was brought under control.

President Bola Ahmed Tinubu's recent executive order on the petroleum industry has sparked a national conversation about reform, transparency, and constitutional balance in Nigeria.

India is closely monitoring its crude oil and fuel supply amid escalating Middle East tensions. The government assures domestic availability and affordability of petroleum products. Disruptions in Qatar's LNG production and Saudi Arabia's oil refinery have already impacted global markets, with European gas prices surging.

Russia is reportedly circumventing Western sanctions by using companies registered in tax havens to purchase and export petroleum products and coal from occupied Donbas globally.

The mysterious Swiss woman and her giant mausoleum in Argentina  SWI swissinfo.ch

The virtual meeting by the eight members of the Organization of the Petroleum Exporting Countries and allied nations (OPEC+) known as the "Voluntary Eight" (V8) comes a day after the U.S.

The government of Pakistan has announced an increase in the price of petrol by Rs8 per litre and high-speed diesel by Rs5.16 per litre for the upcoming fortnight, as stated in a press release from the Petroleum Division.

TotalEnergies formally transfers the OLO Oilfield Host Community Trust to Aradel Holdings, a key milestone in the Petroleum Industry Act’s implementation. Read More: https://punchng.com/totalenergies-hands-olo-trust-to-aradel/

Nigeria's NUPRC has overseen the transfer of the OLO oilfield Host Community Development Trust, ensuring project continuity in line with the Petroleum Industry Act.

An analysis explores the factors that make Occidental Petroleum Corporation (OXY) a potential investment opportunity.

The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has thrown his weight behind the Petroleum Hub project, affirming his strong belief in its potential to transform the Jomoro Municipality and create sustainable employment opportunities for Ghana’s youth. Mr Buah expressed his renewed confidence during a courtesy call by a delegation from the Petroleum […]

The Minister of State for Petroleum Resources, Heineken Lokpobiri, appealed to the lawmakers for more time to study relevant documents, stating that he and his team had not yet obtained the necessary…

An article explores deep-rooted corruption within the Nigerian National Petroleum Corporation (NNPC), analogizing it as a 'Nigerian National Plundering Corporation,' and highlights the monumental failure of its oil refineries.

Nigeria's National Revenue Service (NRS) is targeting N40.7 trillion in taxes, petroleum royalties, and other mineral revenues for 2026, as the House of Representatives scrutinizes the 2026 revenue projections.

TotalEnergies' Managing Director stated that Nigeria's Petroleum Industry Act (PIA) is facilitating transparency and attracting foreign direct investment in the country's oil sector.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that registration and submission of applications for pre-qualification under the Nigeria 2025 Licensing Round will close at 4:30 p.m. on Friday, February 27, 2026. The post NUPRC closes 2025 Licensing Round Pre-Qualification Friday appeared first on Vanguard News.

The trial of former Minister of Petroleum Diezani Alison-Madueke commenced in the Federal High Court in Abuja, with four witnesses giving evidence virtually.

KUCHING, Feb 25 — The High Court here today dismissed a Petroleum Sarawak Bhd’s (Petros) application to chal...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Extractive Industries Transparency Initiative (NEITI) have reiterated their commitment to enhancing transparency and accountability in the ongoing 2025 oil licensing round. The post NUPRC, NEITI strengthen push for transparency in 2025 oil licensing round appeared first on Vanguard News.

Pakistan’s benchmark index, KSE-100, was trading in the red during early intraday trading on Tuesday, down 2,262.95 points by 10:30am. The index has already witnessed a volatile trading session, swinging between an intraday high of 169,237.51 points and a low of 165,185.08 points before the midday mark. The top active stocks were led by Hascol Petroleum Limited, declining 6.88 per cent to Rs16.10 at a volume of 25,404,479, followed by Bank of Punjab, falling 5.50pc to Rs28.53 at a volume of 1...

Regulated prices for petroleum products in Slovenia are set to increase overnight. 95-octane gasoline will rise by 1.5 cents, while diesel and heating oil will both increase by 0.3 cents per liter.

The Sarawak government has submitted a petition to the Federal Court seeking a determination on the applicability of federal petroleum laws within the state.

By Udeme Akpan, Energy Editor Dangote Refinery has resumed the sale of Premium Motor Spirit (PMS), also known as petrol, to major marketers and depot owners under a revised distribution framework endorsed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The move represents a significant shift from the previous arrangement in which products were […] The post Dangote Refinery targets depot owners, major marketers in new marketing model appeared first on Vanguard...

Analysts have provided insights on energy companies such as Teekay Tankers (TNK), Occidental Petroleum (OXY), Infinity Natural Resources, Inc. Class A (INR), Obsidian Energy (OBE), and Cenovus Energy (CVE).

U.S. Natural Gas Futures Steady in Early Trade  The Wall Street Journal

Occidental Petroleum (OXY) saw its shares climb 9% following an announcement of a dividend hike.

Telix Pharmaceuticals reported a GAAP EPS of -$2.11, missing estimates by $2.14, with revenue of $803.8 million also falling short by $22.79 million.

Occidental Petroleum's fourth-quarter charts indicate an increase in worldwide production and sales year-over-year.

Several financial institutions have updated their price targets and ratings for various companies, including Centene, Unity Software, Block, Zillow, DraftKings, Instacart, CoStar, and Occidental Petroleum.

An article explains why Venezuela possesses the largest oil reserves globally, detailing the geological and economic factors contributing to its vast petroleum wealth.

Analysts are evaluating whether Marathon Petroleum stock is poised for growth or decline.

The gasoline crack spread is increasing, with MRPL offering March fuel, indicating shifts in the refined petroleum product market.

Subsea engineering services provider Subsea7 has signed a contract worth up to $500 million with Turkish Petroleum Offshore (TP-OTC) for work at Türkiye's vast natural gas fie...

India currently has sufficient crude oil and petroleum product stocks for around 50 days, government sources said, as tensions in West Asia disrupt global energy routes.

MANILA, Philippines — A bill that seeks to give the President powers to suspend the excise tax on petroleum products when warranted — like during the current conflict in the Middle East —was filed by Marikina Rep. Miro Quimbo on Tuesday. Quimbo, in a statement, said that he supports calls to suspend excise taxes on fuel

Petroleum minister Hardeep Singh Puri, meanwhile, assured that India has sufficient energy reserves to deal with the ongoing situation.

The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, has held a high-level meeting with key stakeholders in Ghana’s petroleum sector to assess the potential impact of the ongoing crisis in the Middle East on the country’s fuel security.

The leak created a dense cloud of white fumes that spread rapidly due to wind velocity, causing panic among residents and workers in the industrial belt.

Kenya has sufficient petroleum supplies until April 2026, CS Wandayi says amid Iran conflict  the-star.co.ke

Emmanuel Armah-Kofi Buah, Ghana's Minister of Lands and Natural Resources, has endorsed the Petroleum Hub project, highlighting its potential to create sustainable employment opportunities for the youth.

The Ceylon Petroleum Corporation (CPC) in Sri Lanka has been compelled to release more than 5.2 million litres of fuel.

Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has warned that the ongoing hostilities in the Middle East will significantly impact the next shipments, leading to…

Tinubu has signalled a broader overhaul of Nigeria’s petroleum governance framework following his executive order mandating direct remittance of oil and gas revenues into the Federation Account. The post Tinubu sets stage for comprehensive PIA review after executive revenue reset appeared first on Vanguard News.

Casablanca – King Mohammed VI on Saturday visited the Mausoleum of Mohammed V in Rabat to mark the anniversary of the late sovereign’s passing, a date that coincides this year with the 10th day of…

The Chief Executive Officer of the National Petroleum Authority (NPA), Godwin Edudzi Tamakloe, has said the Mahama administration’s 24-hour economy policy is progressing faster than critics have suggested, revealing that all sector agencies have been directed to produce implementation blueprints for their respective industries. Speaking on Newsfile the day after President Mahama’s 2026 State of the Nation Address, Tamakloe, who also chairs the 24-Hour Economy Steering Committee for the downs...

Petroleum product prices in Ghana are projected to see a slight increase starting March 1, 2026, driven by a surge in crude oil prices.

Morocco's manufacturing sector, excluding petroleum refining, experienced a 0.3% increase in producer prices in January 2026 compared to the previous month, according to the High Commission for Planning (HCP).

Total petroleum product sales in Cyprus reached 118,460 tonnes in January, representing an 11.2 per cent increase compared to the same month in the previous year, according to the Cyprus Statistical Service (Cystat). A significant rise was observed in the provisions of marine gasoil, which skyrocketed by 175.3 per cent during this period. The aviation […]

The Nigerian National Petroleum Company Limited (NNPCL) has pledged support for a Mini-LNG and LCNG project being developed by Portland Gas Limited in Gwagwalada, Abuja, and will supply gas to the facility.

Nigerian President Bola Tinubu is expected to propose amendments to the Petroleum Industry Act (PIA) to enhance revenue generation, according to the Senate Committee.

MEA Energy has officially entered Nigeria's downstream petroleum retail market, unveiling its first filling station in Abuja and announcing plans to roll out up to 250 retail stations across the country.

A Federal High Court in Lagos has granted an order staying the execution of its judgment in a suit between Cenroc FPSO Solutions Nigeria Ltd and AMNI International Petroleum Development Company Ltd.

Dangote Petroleum Refinery announced plans to expand beyond crude processing into a fully integrated industrial hub, unveiling five major projects including a surfactant plant to transform Africa’s manufacturing landscape.

Marathon Petroleum saw a significant 389% jump in its free cash flow, a performance that has garnered strong positive attention and conviction from the Reddit community.

Marathon Petroleum (MPC) provided insights into its growth strategies, guidance, and overall market outlook.

Power generation surged for the second year amid a struggle to power AI data centers.

PENGASSAN, Nigeria's oil and gas senior staff association, has warned that Executive Order 9 poses a serious threat to the industry's stability and is a direct attack on the Petroleum Industry Act (PIA), announcing a meeting with the presidency.

A Malaysian minister stated that the court should be allowed to decide on Sarawak's petition concerning petroleum-related laws.

Occidental Petroleum (OXY) shares gained momentum following the release of its fourth-quarter 2025 financial report.

Ghana's Parliament has given its approval for the extension of several petroleum agreements.

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has urged President Bola Tinubu to convene a broad-based stakeholders' meeting to clarify the details of a recently signed Executive Order on the nation’s oil and gas industry.

Marathon Petroleum (MPC) is featured for returning $4.5 billion to shareholders in 2025, with an analysis exploring the potential for similar returns in the future.

Recent official data pointing to a spike in Georgia’s petroleum and petroleum oil exports has drawn scrutiny from observers, some of whom have questioned whether the growth could be attributable to the country possibly facilitating Russian oil re-exports. On February 19, Geostat published January foreign trade data showing that petroleum and petroleum oils ranked as …

Occidental Petroleum's stock saw a significant increase in value today, leading to a 'pop' in its market performance.

Occidental Petroleum's stock surged after the company announced a $5.8 billion debt reduction and an increase in its dividend, impressing investors.

Occidental Petroleum has announced a reduction in its debt and an increase in its dividend after the sale of OxyChem.

Pakistani power and petroleum ministers have assured the nation that there will be no electricity or gas loadshedding during Sehri and Iftar, providing relief during these crucial times.

New lawsuits are challenging the renewed push for oil drilling in Alaska's petroleum reserve and an upcoming lease sale.

Investors are advised to consider buying Occidental Petroleum stock before February 18th, suggesting a potential short-term opportunity.

Seretse has been charged as the National Petroleum Fund (NPF) case reopens.

ILOILO CITY — The recent increase in petroleum product prices is taking a heavy toll on city passenger transport operators, with the Western Visayas Transport Cooperative among those feeling the…

Ghana's National Petroleum Authority (NPA) has announced a halt to discounted fuel pricing by Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs), effective March 16, 2026.

Following an oleum leak incident in Boisar, the safety regulator has ordered the shutdown of Bhageria Industries.

The Kwara Fire Service and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) are enhancing their collaboration to improve safety standards and regulatory compliance for petroleum and gas facilities.

ARKO presented its dealerization push, plans for an ARKO Petroleum IPO, and a retail efficiency plan at a recent conference.

Less than 24 hours after Dangote Petroleum Refinery & Petrochemicals raised the gantry price of Premium Motor Spirit (PMS), also known as petrol, by N100 per litre, its partner retail outlet, MRS Oil Nigeria Plc, and NNPC Limited have increased their pump prices by a similar margin. The post Dangote’s partner station MRS, NNPC raise petrol price by N100/litre appeared first on Vanguard News.

Kunlun, a small commercial lender controlled by China National Petroleum Corporation (CNPC), became the financial artery for China-Iran oil trade when US sanctions choked Iran's access to dollars.

A high-level committee formed to monitor petrol prices in the aftermath of heightened tensions in the Middle East was informed on Monday that national stocks of petroleum products were currently at “comfortable levels”. In a post on X, the finance ministry said the committee was formed a day earlier by Prime Minister Shehbaz Sharif. It said that the committee met on Monday under the chairmanship of Finance Minister Muhammad Aurganzeb. During the meeting, the committ...

Ghana's National Petroleum Authority (NPA) has announced new minimum price levels for petroleum products, effective for the first pricing window of March 2026 (March 1-15), with petrol now at GH¢10.46 and diesel at GH¢11.42.

An investment analysis evaluates whether Occidental Petroleum stock is a buy, sell, or hold for investors.

The United States is not considering — at least for now — releasing oil from the Strategic Petroleum Reserve (SPR), despite the escalating conflict with Iran and the... USA:...

There are at least four ways the war could affect Nigeria, including in the petroleum sector. The post ANALYSIS: How US-Israel war with Iran may affect Nigeria appeared first on Premium Times Nigeria.

The Managing Director of Orient Petroleum and a foundation have been sentenced to 14 years in prison for N25 billion fraud, following a petition by an investor who alleged he invested the sum in the company.

Multiple analyst reports have been released for individual companies including L3Harris Technologies, Suburban Propane Partners, Salesforce, Occidental Petroleum, and Elanco Animal Health.

Officials from India's Ministry of Petroleum & Natural Gas have advised SCCL (Singareni Collieries Company Limited) to participate in an upcoming auction for coal-bed methane exploration, with Singareni expected to explore 19 BCM.

President John Dramani Mahama has announced that the Tema Oil Refinery (TOR) has resumed processing crude oil into petroleum products for the first time since 2018. Delivering his State of the Nation Address, the President told Parliament that the refinery’s new management has successfully completed extensive turnaround maintenance, paving the way for the facility’s operational […]

The prince is on a private visit to Kyoto during his university's spring break and will stay in the city until Friday.

North Korean leader Kim Jong-un has visited a mausoleum for his late grandfather and father with newly elected party officials after the country wrapped up a key party congress, state media reported Friday. Kim visited the Kumsusan Palace of the Sun the previous day with newly elected members of the central leadership of the ruling Workers' Party of Korea, according to the Korean Central News Agency. North Korea concluded the weeklong ninth party congress Wednesday, the first since 2021, where i

NewMarket Corporation (NEU) experienced a decline in its stock due to weakness observed in its petroleum additives segment.

Godwin Edudzi Tamakloe, Chief Executive of the National Petroleum Authority, marked his birthday by donating to the Ghana Medical Trust Fund as part of the Kyɛrɛ Wo Dɔ campaign.

President Bola Tinubu has issued an executive order stopping the Nigerian National Petroleum Company Limited from deducting management fees and the Frontier Exploration Fund, effectively halting revenue streams worth about N2.076tn.

A former General Manager of the Nigerian National Petroleum Corporation (NNPC) has been sentenced to 87 months in a US prison for a $2.1 million bribery scandal.

… Exports 20m litres surplus By Udeme Akpan In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 million litres of P

According to the American Petroleum Institute (API), US crude stockpiles increased by 11.4 million barrels last week, indicating a significant build-up in reserves.

Kuwait Petroleum Corporation (KPC) is attracting interest from major investment firms like BlackRock, Brookfield, and EIG for a potential $7 billion pipeline deal.

The move follows an application in January filed by Petronas, the energy firm owned by Malaysia's federal government, seeking clarity about the legal and regulatory framework governing its operations in Sarawak.

Sarawak files petition in Malaysia's top court challenging three federal petroleum laws  TradingView

The Bulgarian petroleum industry is pushing for the lifting of a ban on diesel and aviation fuel exports, imposed last October, but the process for obtaining individual export permits is cumbersome and ineffective, leading to political stagnation on the issue.

The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has urged President Tinubu to clarify a new executive order concerning the oil and gas industry, which has caused tension and uncertainty among workers.

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) is calling for the withdrawal of President Tinubu's Executive Order on oil revenues, arguing it undermines the Petroleum Industry Act (PIA) and investor confidence.

More than 100 million tons of petroleum products are transported annually, highlighting the scale of Iran's energy logistics.

A growing community in China, known as 'history fangirls,' is developing a deep connection with history by visiting mausoleums and writing books, contributing to a rapid growth in heritage tourism.

Occidental Petroleum exceeded its fourth-quarter profit estimates, increased its dividend by 8%, and reduced its debt by $5.8 billion.

Occidental Petroleum reported stronger-than-expected quarterly profits, attributed to robust performance in its midstream operations.

Türkiye's state-owned Turkish Petroleum Corporation (TPAO) has signed a partnership agreement with Shell to jointly conduct exploration work off the coast of Bulgaria.

Imperial Petroleum (IMPP) has authorized a $10 million share repurchase program, aiming to boost shareholder value.

Investors anticipate a busy earnings week with reports expected from prominent companies including Walmart, Occidental Petroleum, Palo Alto Networks, and Etsy.