Nigeria: Rights Group Asks Akpabio to Reveal Suspect Names in Alleged N210trn Missing Funds
A rights group in Nigeria is calling for transparency regarding alleged missing funds from the Nigerian National Petroleum Company Limited.
Navy intercepts illegally refined petroleum products, arrests eight suspects
The Nigerian Navy intercepted 44,000 litres of potentially illegally refined petroleum and arrested eight suspects in Rivers during an operation under Operation DELTA SENTINEL.
Understand why farmers who found possible oil in Ceará preferred to have found water
Farmers in Ceará express disappointment over discovering a petroleum-like liquid instead of water, which they were actually searching for amid a water scarcity crisis.
Nigeria: Dangote Refinery Sells PMs Cargoes to Cote d'Ivoire, Cameroon, 3 Others
Dangote Petroleum Refinery has exported 12 cargoes of refined petroleum products, totaling 456,000 tonnes, to several African countries, bolstering Nigeria's role in the regional energy market.
Nigeria: Navy Intercepts Illegal Product, Apprehend Eight Suspects in Rivers
The Nigerian Navy has intercepted approximately 44,000 liters of suspected illegally refined petroleum products and arrested eight suspects in Rivers State during a recent operation.
Nigeria: Nigerian Navy Intercepts Illegal Fuel, Arrests Eight Suspects in Rivers
The Nigerian Navy arrested eight suspects and seized approximately 44,000 liters of presumed illegally refined petroleum in Rivers State during an anti-crude oil theft operation.
Dangote boosts Africa fuel supply with massive exports
Dangote Petroleum Refinery has started exporting large quantities of refined petroleum products to several African countries, amidst a regional fuel supply crisis.
Stock Market Update: Don't Make a Serious Mistake! IOC, BPCL, HPCL Shares May Drop Up to 20%, Experts Say
Experts warn that shares of Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) could fall by up to 20% due to rising crude oil prices.
High-level meeting by PM Modi on the Middle East crisis, discussions on petroleum, electricity, and other issues
Prime Minister Narendra Modi is leading a high-level meeting to discuss the ongoing Middle East crisis and ensure the uninterrupted supply of essential commodities like petroleum and electricity in India.
China completes Asia's deepest well after drilling more than 10,000 meters in Xinjiang
China National Petroleum Corporation has announced the completion of the Shenditake-1 well in Xinjiang, marking it as the deepest in Asia at 10,910 meters.
5th time in March: Petrol hits N1,332 as Dangote hikes price again
Petrol prices in Nigeria have skyrocketed to N1,332 per litre due to another price hike by the Dangote Petroleum Refinery.
'Neither water nor R$ 15 thousand', laments farmer who incurred debt and found possible oil in Ceará
A farmer in Ceará, Brazil, initially aimed to drill for water but instead may have discovered oil, leading to financial burdens and uncertainty.
JUST IN: Dangote hikes petrol price fifth time in March to N1,275/litre
Dangote Petroleum Refinery has raised the petrol price for the fifth time this March to N1,275 per litre amid increasing volatility in Nigeria's deregulated petrol sector.
S’Africa, others turn to Dangote for fuel supply
Several African nations, including South Africa, are increasingly relying on Dangote's petroleum refinery due to disruptions in traditional oil supply chains.
4th time in March: Dangote hikes fuel price to N1,245
Dangote Petroleum Refinery has raised the price of petrol to N1,245 per litre, marking the fourth increase this month due to rising global geopolitical tensions.
US authorizes temporary delivery and sale of Iranian oil
The United States has granted a 30-day permit for the delivery and sale of Iranian crude oil and petroleum products, which is applicable only to oil already in transit.
Fuel imports plummet, and ANP sees 'exceptional risk situation'
The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) reports a significant decline in fuel imports due to geopolitical tensions, particularly from the conflict in Iran, which has led to increased pressure on local fuel availability and prices.
BREAKING: Dangote refinery hikes fuel price to N1,245/litre
The Dangote Petroleum Refinery in Nigeria announced a price increase for petrol to N1,245 per litre, citing global geopolitical tensions as the reason for the hike.
The 'Plan B' that Emerged at the Yacht Club to Reactivate the Economy and Return to the Markets
Economists at an event in Buenos Aires proposed corrective measures to address emerging market concerns, amidst geopolitical tensions affecting global growth and inflation.
South Africa: Fuel Runs Dry in Nelson Mandela Bay
Fuel shortages in Nelson Mandela Bay are escalating due to petroleum companies limiting supplies, citing the Gulf war as a contributing factor.
Do not panic book LPG, advice from the Ministry of Petroleum
The Indian Ministry of Petroleum has advised against panic booking of LPG cylinders, assuring that there is currently no shortage in demand.
Reps warn of imminent petrol scarcity, price hike
The Nigerian House of Representatives has raised alarms about the potential return of fuel scarcity, warning that without corrective measures, petrol queues and rising prices are likely to occur soon.
NUPRC probes gas bubbling in Rivers community
The Nigerian Upstream Petroleum Regulatory Commission is investigating a gas bubbling incident in Bille Community, Rivers State, with significant concerns for environmental safety.
LPG supply in the country is normal: Petroleum Ministry
The Petroleum Ministry of India has stated that while there are concerns regarding LPG supply, there is no shortage, and the supply remains normal across the country.
Fires broke out at two Kuwaiti oil refineries after drone strikes
Drone attacks on Thursday resulted in fires at two oil refineries owned by Kuwait National Petroleum Company.
Kuwait: A second drone attack on refinery
A second drone attack has targeted a refinery in Kuwait, resulting in a fire, according to the Kuwait Petroleum Corporation.
Drone attack at Kuwait oil refinery caused fire
A drone attack on a facility of the Kuwait Petroleum Corporation in the Mina Ahmadi complex resulted in a small fire, but no casualties were reported.
Farmer who found possible oil in CE must isolate well while awaiting ANP report
A farmer in Brazil awaits a definitive report from the National Agency of Petroleum (ANP) on a mysterious liquid resembling oil found in his backyard.
Dangote imported $3.74bn crude in 2025 – CBN
Nigeria's Dangote Petroleum Refinery imported $3.74 billion worth of crude oil in 2025, marking a significant change in the country's oil trade despite being a producer.
EFCC returns N3.94bn recovered funds to NNPCL
The EFCC returned nearly 3.94 billion Naira to the Nigerian National Petroleum Company Limited, recovered from fraudulent activities.
The first LPG ATM has opened in the country, bring empty cylinders and take them filled in minutes!
India has launched its first LPG ATM in Gurugram, providing quick access to liquefied petroleum gas amidst supply shortages.
India increases liquefied petroleum gas production amid Middle East crisis
India has ramped up its liquefied petroleum gas production following supply disruptions caused by the ongoing Middle East crisis.
Kenya: No Clear Framework Guiding Fuel Subsidies, Auditor-General Warns
The Auditor-General of Kenya highlights the absence of a clear governance framework for the country's fuel subsidy program, raising significant concerns over accountability and sustainability.
Nigeria: Gas Supply Falls 8.5 Percent to 4.7 Metric Tonnes Daily
Nigeria's Liquefied Petroleum Gas supply has decreased by 8.5% in February 2026 compared to December 2025, attributed to rising crude oil prices due to a Middle-Eastern crisis.
Gasoline subsidies are "just a painkiller"; fear of rising prices for petroleum-related products
Japan's government plans to reinstate gasoline subsidies to lower prices amid record high fuel costs, but experts warn that the relief is only temporary and may lead to increased prices for other petroleum-based products.
NUPRC advances 2025 oil licensing round to bidding stage
The Nigerian Upstream Petroleum Regulatory Commission has moved the 2025 oil and gas licensing round to the bidding stage after completing the pre-qualification process.
Need for strategic oil reserves
The article discusses the need for Nigeria to establish strategic reserves for petroleum products amidst ongoing supply challenges.
'LPG production increased by 38%, sufficient oil reserves', government in action mode on energy crisis
The Indian government assures that there is no shortage of LPG and petroleum products amidst geopolitical tensions.
India's 300,000 Metric Tons of LPG Stuck in Hormuz, Government Reveals Ships' 'Exit Plan'
India has approximately 300,000 metric tons of liquefied petroleum gas (LPG) trapped in the Strait of Hormuz, with plans revealed by the government regarding ship exits.
LSM explains: The blockade of the Strait of Hormuz affects not only oil prices – the biggest challenges are yet to come
The ongoing blockade of the Strait of Hormuz has led to rising oil prices, impacting global supply chains beyond just petroleum.
NUPRC shortlists firms for Nigeria’s 50-block oil auction
The Nigerian Upstream Petroleum Regulatory Commission has completed the pre-qualification process for its 2025 oil and gas licensing round, moving towards competitive bidding.
‘Nanda Devi’ arrives in India after crossing Hormuz, first picture from Vadinar port
The Indian vessel 'Nanda Devi' has safely arrived in India at Vadinar port, carrying over 47,000 metric tons of liquefied petroleum gas amid ongoing tensions in Hormuz following attacks on Iran.
The ship 'Nanda Devi' also returns to India from Hormuz, bringing 47,000 metric tons of LPG
The LPG tanker 'Nanda Devi' has successfully reached India from the Hormuz Strait carrying over 47,000 metric tons of liquefied petroleum gas amid increasing tensions in the Middle East.
Senate clears Magnus Abe as NUPRC board chair
The Nigerian Senate has approved Magnus Abe as the new Chairman of the Nigerian Upstream Petroleum Regulatory Commission.
ANP wants to regulate diesel subsidy this week, says director-general
The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) aims to finalize diesel price references for a new subsidy program to combat rising oil prices influenced by the conflict in Iran.
Senate clears Magnus Abe as NUPRC board chairman
The Nigerian Senate has approved Magnus Abe as the new Chairman of the Nigerian Upstream Petroleum Regulatory Commission.
Minister of Industry: "Oil Company Price Reductions Are Slow to Reflect at Gas Stations"
The South Korean government is enhancing management of maximum price regulations for petroleum products in response to rising international oil prices due to the Middle East crisis, while calling for faster implementation of price reductions at gas stations.
HPCL has released recruitment for 731 positions, salary will exceed 2 lakh
Hindustan Petroleum Corporation Limited (HPCL) is offering a significant job opportunity with the recruitment of 731 positions for graduate candidates, with a salary exceeding 2 lakh.
Significant Increase in Petrol, Diesel and LPG Prices in Nepal
Nepal has announced a substantial rise in petroleum prices due to escalating global market rates and supply challenges.
Oil stored in Europe’s strategic reserves to hit the market by the end of March
The International Energy Agency announced that oil and petroleum products from strategic reserves will be released in Asia and Oceania without delay, while they will be available in Europe and America by the end of March.