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Stay updated with the latest news and trends in the petroleum industry.

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CBOD staff donate to Citi fm’s easter orphan project

With Citi FM’s Easter Orphan Project just days away, staff from the Chamber for Bulk...
News

Opec and Russia oil production freeze is meaningless gesture, says IEA

A deal among some Opec producers and Russia to freeze production is perhaps “meaningless” as...
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Oil slides on mounting U.S. stockpiles, strong dollar

Oil fell below $40 a barrel on Thursday, heading for the biggest weekly slide in...
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Oil bonanza over, algeria woos the investors it has long ignored

Technology entrepreneur Karim Brahiti sees opportunities springing from the biggest threat Algeria’s economy has faced...
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News

Nigeria grapples with changes to gasoline import models

Africa’s largest oil producer Nigeria could be on the verge of another fuel shortage crisis...
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Events

Consortium bids for re-routed Iraq-Jordan oil export pipeline: source

Iraq’s oil ministry has received a bid from a Jordanian-Chinese consortium to build and operate...
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News

US fuel oil prices highest since december despite lukewarm fundamentals

US fuel oil prices Tuesday reached their highest levels since December on a rising crude...
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News

Vitol says 2016 to be challenging, mounting oil stocks weigh

Vitol, the world’s biggest independent oil trader, expects 2016 to be a challenging year for...
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News

Uganda keeps Kenya oil export pipeline hopes alive

Kenyan hopes for an oil export pipeline starting from oil-rich Uganda and passing through its...
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News

Fuss over “missing” 800,000 oil barrels: ‘Get over it,’ says IEA official

Has the hoo-ha over the 800,000 “missing barrels”, the difference between average daily global oil...
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Oil futures fall after API stockpile build reasserts glut concerns

Oil prices fell on Wednesday after figures from an industry group showed U.S. crude stockpiles...
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Nigerian state oil firm ‘withheld $25bn over five years’

Nigeria’s state-owned oil company has failed to pay the government $25bn (£17.5bn) over five years,...
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