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Dangote accuses IOCs of crude oil price manipulation, claims firms sabotaging refinery 

Dangote accuses IOCs of crude oil price manipulation, claims firms sabotaging refinery 

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Devakumar Edwin, the Vice President of Oil and Gas at Dangote Industries Limited (DIL), has accused International Oil Companies (IOCs) in Nigeria of actively trying to undermine the Dangote Oil Refinery and Petrochemicals. Edwin made this disclosure to a group of Energy Editors at a one-day training programme organised by the Dangote Group.    Edwin […]

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Oil Prices on Track for a Weekly Gain as Fuel Demand Climbs and Inventories Fall

Oil Prices on Track for a Weekly Gain as Fuel Demand Climbs and Inventories Fall

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Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Jun 21, 2024, 1:19 AM CDT Crude oil prices are about to book another weekly gain, boosted by the Energy Information Administration’s latest inventory report. On Thursday, the

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Japan to extend gasoline subsidies to year-end, NHK reports

Japan to extend gasoline subsidies to year-end, NHK reports

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Advertisement Advertisement FILE PHOTO: Japanese Prime Minister Fumio Kishida walks, on the day of the opening ceremony of the Summit on Peace in Ukraine at the Buergenstock Resort in Stansstad near Lucerne, Switzerland, June 15, 2024. REUTERS/Denis Balibouse/Pool/File Photo TOKYO : Japan’s Prime Minister Fumio Kishida is set announce another extension of gasoline subsidies until

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U.S. bans on gasoline-powered leaf blowers grow, as does blowback from landscaping industry

U.S. bans on gasoline-powered leaf blowers grow, as does blowback from landscaping industry

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Author of the article: The Associated Press Wayne Parry Published Jun 20, 2024  •  3 minute read TRENTON, N.J. (AP) — The roar of the leaf blower has become an inescapable part of daily life in communities across America, leading towns and states to ban or restrict blowers that run on gasoline. But the measures

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Rupee rises 6 paise to 83.37 against US dollar in early trade

Rupee rises 6 paise to 83.37 against US dollar in early trade

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MUMBAI: The rupee stayed on the upward track for the second straight session and appreciated 6 paise to 83.37 against the US dollar in early trade on Wednesday, boosted by sustained inflow of foreign capital and firm equity markets . The local unit, however, faced resistance due to a stronger American currency and higher crude

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