Latest News for: Oil producers

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Dr. Mike Adenuga: The Quintessential African Entrepreneur as a Study in Diligence, Excellence

This Day 26 Apr 2024
Even though Conoil Producing, the downstream arm of the conglomerate, made history by becoming the first Nigerian company to strike oil and produce it in commercial quantity in 1991, that has not made ...
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Committee Summons Kyari, Oil Firms, Agencies Over Environmental Degradation

This Day 25 Apr 2024
... Petroleum Resources (Downstream), and Climate Change, to investigate the environmental damage in oil producing communities caused by non-compliance to extant laws by oil producing companies”.
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Oil stays steady as market mulls concerns about US demand

Business Day 25 Apr 2024
Singapore — Oil prices were little changed on Thursday as falling ... However, there have been no other signs of direct conflict between Israel and Hamas-backer Iran, a major oil producer, since last week.
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The US should enforce, not increase, Iranian oil sanctions

Taipei Times 25 Apr 2024
The Iranian regime is evading oil sanctions, and the biggest beneficiary is China ... So much so that official Chinese customs data showed it somehow buys more than twice as much Malaysian oil as Malaysia actually produces.
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Michigan cannabis lab CEO says hidden substances could taint vape pens, edibles

Detroit Free Press 25 Apr 2024
I would want to know that," he said, referring to oil that's synthetically converted into THC — the oil that produces the "high" feeling ... Rae said now that producers can no longer use Vitamin E acetate to dilute THC, some have started using MCT oil.
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NEITI to Launch Report on 13% Derivation, Invites Dangote Refinery to Join EITI Process

This Day 25 Apr 2024
... that the study will also look into whether the oil-producing sub-national governments fully received what was due them ... “So we are looking at 13 per cent derivation that goes to oil producing states.
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Billionaire Texas oilman inks deal with Venezuela's state-run oil giant as US sanctions loom

The Nashville Ledger 25 Apr 2024
As part of the deal announced Wednesday, LNG was awarded contracts by state-run PDVSA to take over production and develop two oil fields in eastern Venezuela that currently produce about 3,000 barrels of crude per day.
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Feds look to uphold oil and gas leases in Carlsbad that lawsuit wants overturned

Carlsbad Current Argus 25 Apr 2024
Will moratorium on oil, gas leases on federal land affect New Mexico? ... If operated, the BLM estimated these lands would produce about 5.4 million barrels oil, 31.3 billion cubic feet of natural gas and 18.6 million barrels of produced water.
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CNOOC profit hits record 40b yuan

Hong Kong Standard 25 Apr 2024
Chinese national oil and gas explorer CNOOC's first-quarter net profit surged 24 percent to a record, driven by higher realized oil prices and output growth ... percent increase in realized oil prices.
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Oil eases as US demand concerns outweigh Middle East fears

Ammon 25 Apr 2024
Oil prices steadied on Thursday after settling lower in the ...
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PetroChina: rapid EV uptake means oil consumption for transport to peak by next year ‘at ...

South China Morning Post 25 Apr 2024
Oil consumption in China’s transport sector will peak next year ‘at the latest’ as rapid adoption of electric vehicles (EVs) pulls the plug on petrol consumption, according to the nation’s largest oil and gas producer ... .
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Middle East escalation could trigger energy shock that fuels inflation, World Bank warns

CNBC 25 Apr 2024
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank ... .
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'A big price': Oil drilling application in Florida Panhandle prompts environmental outcry

Tallahassee Democrat 25 Apr 2024
“We would get oil revenue,” Bailey said ... Geologists for Clearwater compared the geology beneath Calhoun, Gulf and Liberty counties to that of oil fields located in south Alabama that have produced more than 50 million barrels.
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Equinor first-quarter profit down 37% on lower gas prices

Natural Gas World 25 Apr 2024
The Norwegian oil and gas producer's adjusted earnings before tax for January-March fell almost 37% to $7.53 billion but beat the $7.2 billion forecast in a poll of 22 analysts compiled by Equinor.
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