An oil tanker truck in the early hours of Friday exploded in Cameroon’s commercial city of…
Category: News
Trade sanctions: Panama loses WTO claim against Colombia
A World Trade Organization (WTO) panel on Friday rejected Panama’s claim for $210 million annual sanctions…
Russian jet fighter crashes near Moscow
A MiG-29 jet fighter on Friday crashed during a test flight in the region of Russia’s…
Kachikwu promises fully functional refineries by 2019
The Minister of State for Petroleum, Ibe Kachikwu, has promised that the nation’s refineries would be…
Vietnam impounds container load of ivory, pangolin scales from Nigeria
Vietnamese authorities on Friday said it seized more than eight metric tonnes of pangolin scales and…
Mexico yet to receive tender for light crude supply
Mexican state-run oil company, Pemex, has said it had received no qualifying bids for an international…
Plastics to drive oil demand by 2050, says IEA
The International Energy Agency (IEA) on Friday said plastics and other petrochemical products will drive…
Oil markets may witness modest surplus- Goldman Sachs
Global oil markets could witness a modest surplus into early 2019 as new spare capacity comes…
Singapore to tighten controls in marine fuels supply chain
Singapore authorities have proposed applying new control standards in the marine fuels sector supply chain, a…