Category : Oil

Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy

Why Oil News?

Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.

For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.

Asharami Synergy unveils reliable fuelling solutions in Omagwa

EditorNovember 20, 2024

by EditorNovember 20, 20240262

Photo caption from left: Project Manager, Asharami Synergy, Oludotun Onakoya, Human Resources Officer, Ehichioya Obozele, Sales and Marketing Executive, Mariam Smith, Government Relations Officer, Naomi

Pipeline professionals to address industry challenges at NIPITECS 2024

EditorNovember 18, 2024November 18, 2024

by EditorNovember 18, 2024November 18, 20240252

Pipeline professionals to address industry challenges at NIPITECS 2024 ***** Assembles experts to address pipeline challenges, solutions at conference By Yunus Yusuf

Business Energy Featured Finance Oil Petrochemicals

Bold leadership, inclusivity crucial for Africa’s energy future, says Nigeria’s Energy Adviser

EditorNovember 18, 2024November 18, 2024

by EditorNovember 18, 2024November 18, 20240170

Bold leadership, inclusivity crucial for Africa’s energy future, says Nigeria’s Energy Adviser **** The future of energy: Shaping the workforce of tomorrow By Yunus Yusuf

Energy Oil

European oil giants step back from renewables path

EditorNovember 18, 2024November 18, 2024

by EditorNovember 18, 2024November 18, 20240204

Photo caption: BP logo The British company is now trying to return to its roots as a big oil and gas player with a

Energy Oil

Oil nudges higher after Russia-Ukraine tensions escalate

EditorNovember 18, 2024

by EditorNovember 18, 20240197

Photo caption: Oil Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand

Energy Oil

Dangote, IPMAN sign 240m litres monthly petrol deal

EditorNovember 18, 2024

by EditorNovember 18, 20240251

Photo caption: Dangote Refinery The Dangote Petroleum Refinery has offered to supply 60 million litres of Premium Motor Spirit, popularly called petrol, to the

Energy Gas Oil

Energy transition: Africa has enough market for her hydrocarbon resources, says Nigeria’s Oil Minister

EditorNovember 18, 2024November 18, 2024

by EditorNovember 18, 2024November 18, 20240199

Photo caption: Minister of State for Petroleum Resources (Oil), Dr Heineken Lokpobiri By Emeka Ugwuanyi Nigeria’s Minister of State for Petroleum Resources (Oil), Dr

Energy Gas Oil

Over 300 youths benefit as NLNG begins Nigerian Content HCD trainings

EditorNovember 17, 2024

by EditorNovember 17, 20240230

Photo caption: Nigerian Content Development and Monitoring Board (NCDMB) logo The Nigeria Liquefied Natural Gas Limited (NLNG), on Tuesday, in Port Harcourt, Rivers State,

Energy Oil

Conoil shareholders get N1.73bn dividend payout as revenue hits N201.38bn

EditorNovember 16, 2024November 16, 2024

by EditorNovember 16, 2024November 16, 20240211

Photo caption: Conoil logo By Emeka Ugwuanyi Shareholders of Conoil Plc, Nigeria’s foremost major petroleum marketer, have approved a final dividend payout of N1.73

Energy Gas Oil

TotalEnergies, BP, Equinor and Shell commit $500 mln to boost energy access

EditorNovember 15, 2024November 15, 2024

by EditorNovember 15, 2024November 15, 20240146

Photo caption: TotalEnergies logo Oil and gas majors TotalEnergies (TTEF.PA), opens new tab, BP (BP.L), opens new tab, Shell (SHEL.L), opens new tab and

April 2019 Edition