Car owners and drivers of commercial vehicles in eastern Sudan’s Kassala are complaining about the newly set fuel quotas. People in West Kordofan denounce the rise of the public transport Continue Reading
With continued plummeting of crude oil prices, Nigeria now records a monthly average of N15.859 billion as under-recovery on importation of petrol or Premium Motor Spirit (PMS) into the country. Continue Reading
The Federal Republic of Nigeria and the Kingdom of Morocco on Monday in Rabat, Morocco, signed three agreements, which includes a regional gas pipeline that will see Nigeria providing gas Continue Reading
Venezuelan PDVSA’s U.S. refining unit Citgo Petroleum is increasing its efforts to buy crude oil on the open market to compensate for declining supplies from its parent, which is dealing Continue Reading
Brazil held an auction last week that attracted some of the largest oil companies in the world, including Chevron, ExxonMobil and Equinor (formerly Statoil). The auction comes on the heels Continue Reading
Through its emerging role in the global energy space, U.S. liquefied natural gas supports security for South Korea, a State Department spokesman said. U.S. Deputy Assistant Secretary of State for Continue Reading
Chinese solar companies sold off sharply on Monday following an announcement by the Chinese government that it would take measures that may curb the astronomical growth of its solar industry. Continue Reading
Energy dominance carries its own backlash, it turns out. Ground zero is the Permian basin in west Texas, where oil production has run ahead of pipeline capacity to get it Continue Reading
The Louisiana Offshore Oil Port last week received its first Saudi Arabian crude cargo of the year, a stark contrast to 2017, when the terminal had received about 34.3 million Continue Reading
The NYMEX July natural gas futures contract rose Monday on concerns about storage tightness. The front-month contract settled at $2.949/MMBtu, up 5.9 cents, after trading between $2.912/MMBtu and $2.966/MMBtu. “The Continue Reading
