Tag: energy
How Long Does It Take to Produce Gasoline from Crude Oil?
Jennifer -
Gasoline is an essential fuel that powers millions of vehicles around the world. However, many people might not fully understand the intricate process involved...
Oil Prices Dip After Five-Day Rally Amid Middle East Tensions and OPEC Forecasts
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Oil prices declined after a five-day rally, as concerns over escalating tensions in the Middle East were balanced by signs of weakening global demand...
China Completes Construction of Massive Offshore Oil and Gas Platform for the Gulf
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China has successfully completed the construction of a colossal offshore oil and gas platform, state media reported on Monday. The platform, which took three...
Adani Group Stocks Fall Up to 7%, See Volatile Trading Post Latest Hindenburg Report
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Market Reaction: Shares of Adani Group companies experienced a significant decline on Monday, August 12, with losses reaching up to 7% following the release of...
Edo Refinery Cries Out Over Non-Supply of Crude Oil to Start Production
Jennifer -
The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited (ERPCL), has raised concerns over the lack of crude...
Arthur Eze’s Oranto Petroleum Signs Oil Deal in Venezuela
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Atlas Oranto Petroleum International Limited (AOPI), comprised of Atlas Petroleum International Limited and Oranto Petroleum International Limited, has expanded its global operations by signing...
How Long Can You Store Petrol in a Plastic Container?
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Storing petrol (gasoline) safely and effectively is crucial for both maintaining its quality and ensuring safety. Many individuals and businesses rely on petrol for...
Is It Good to Invest in International Stocks?
Jennifer -
Investing in international stocks offers a compelling opportunity to diversify a portfolio and gain exposure to global markets. As the world becomes increasingly interconnected,...
Reliance Industries Plans Crude-for-Naphtha Swap Deal with Venezuela
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August, 2024 – Indian conglomerate Reliance Industries is set to initiate a crude-for-naphtha swap deal to resume crude oil transactions with Venezuela, following recent...
India’s Crude Oil Imports from Russia Surge 1000%
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India has significantly increased its crude oil imports from Russia, now sourcing 40% of its crude oil needs from the country, according to BIMCO....
Equinor Exits Suriname, Focusing on Core Areas and Renewables
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OSLO – Equinor ASA (EQNR.OL) has announced its decision to exit Suriname, transferring its stakes in the deepwater Block 59 exploration license to Hess...
Oil prices continued to surge on Wednesday amid heightened geopolitical tensions in the Middle East
Jennifer -
Here’s a breakdown of the situation: Oil Prices Surge Amid Geopolitical Tensions 1. Price Movements: WTI Crude: The U.S. benchmark crude oil price rose by 2.53% to...