Author name: David Ryabchikov

EXCLUSIVE: Conversion Units At Port-Harcourt Refinery Yet To Work, Can’t Produce Gasoline, Jet Fuel Despite NNPCL’s $2.9billion For Repair

EXCLUSIVE: Conversion Units At Port-Harcourt Refinery Yet To Work, Can’t Produce Gasoline, Jet Fuel Despite NNPCL’s $2.9billion For Repair

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The Conversion Units comprise of the catalytic crackers, hydrocrackers, or cokers and process the heavier fractions into higher-value products like gasoline, jet fuel, or diesel, top sources in the Refinery explained to SaharaReporters on Saturday.  The Conversion Units of the Port-Harcourt Refinery of the Nigerian National Petroleum Company Limited (NNPCL) which are responsible for high-value […]

EXCLUSIVE: Conversion Units At Port-Harcourt Refinery Yet To Work, Can’t Produce Gasoline, Jet Fuel Despite NNPCL’s $2.9billion For Repair Read More »

‘1-hour flight costs over N14m’: Why our ticket price is expensive — Air Peace

‘1-hour flight costs over N14m’: Why our ticket price is expensive — Air Peace

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Air Peace Ltd. says the operating cost for a one-hour flight exceeds N14 million. The airline’s Chief Operating Officer (COO), Mrs Oluwatoyin Olajide, disclosed at a news conference on Friday in Lagos. Olajide said that N7 million is required to purchase 4,000 litres of jet A1 (aviation fuel), which is currently sold for N1,400 per

‘1-hour flight costs over N14m’: Why our ticket price is expensive — Air Peace Read More »

PortHarcourt refinery working, but won’t reduce petrol price — PENGASSAN

PortHarcourt refinery working, but won’t reduce petrol price — PENGASSAN

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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt refinery, with a daily production capacity of 60,000 barrels, is operational and producing refined petroleum products such as diesel, kerosene, and petrol. Speaking at PENGASSAN’s National Executive Council Meeting on Tuesday, December 3, in Abuja, National President Festus

PortHarcourt refinery working, but won’t reduce petrol price — PENGASSAN Read More »

OPEC Secrecy Isn’t Helping Its Exit Strategy from Production Cuts

OPEC Secrecy Isn’t Helping Its Exit Strategy from Production Cuts

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Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Dec 03, 2024, 7:00 PM CST OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts

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P’Harcourt refinery working, but won’t reduce petrol price — PENGASSAN

P’Harcourt refinery working, but won’t reduce petrol price — PENGASSAN

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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including diesel, kerosene, and petrol. PENGASSAN National President, Festus Osifo, during the association’s National Executive Council Meeting held on

P’Harcourt refinery working, but won’t reduce petrol price — PENGASSAN Read More »

Live news: Oil prices jump after US imposes new sanctions on Iran’s ‘shadow fleet’

Live news: Oil prices jump after US imposes new sanctions on Iran’s ‘shadow fleet’

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‘These are challenging times’: Alberta projects $4.6B surplus, but falling oil prices could lead to deficit

‘These are challenging times’: Alberta projects $4.6B surplus, but falling oil prices could lead to deficit

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The estimated $4.6 billion surplus is built largely on the back of just under $78 billion in revenue, or $4.4 billion more than projected in Budget 2024 Published Nov 21, 2024  •  Last updated 1 hour ago  •  4 minute read The Alberta legislature is visible from Constable Ezio Faraone Park in Edmonton on Wednesday, Nov. 13,

‘These are challenging times’: Alberta projects $4.6B surplus, but falling oil prices could lead to deficit Read More »

Energy: Iran counters Russia-Ukraine geopolitical risk – ING

Energy: Iran counters Russia-Ukraine geopolitical risk – ING

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Despite an escalation in the Russia-Ukraine war, there has been limited impact on oil prices. ICE Brent settled almost flat yesterday, even after Ukraine fired a US-made long-range missile into Russia for the first time. At the same time, Russia also updated its nuclear doctrine, widening the scope for the use of atomic weapons, ING’s commodity

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Rupee flat at 84.43 against USD; low crude price negates dollar strength

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Rupee flat at 84.43 against USD; low crude price negates dollar strength Read More »

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