Latest News for: petroleum plan

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Tinubu Inaugurates 3 Gas Projects, Pledges to Wean Nigeria from Overdependence on Petrol, Diesel

This Day 16 May 2024
He charged the Nigerian National Petroleum Company Limited (NNPC) to sustain its relentless efforts and record more successes in the energy sector for the benefit of all Nigerians. Also speaking, the Minister of State for Petroleum Resources (Gas) Rt.
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RI wants Mubadala to get new Andaman gas deposit onstream by 2028

The Jakarta Post 15 May 2024
We hope that perhaps the plan of development [POD] can be finalized this year,” he said on Tuesday, on the sidelines of the Indonesian Petroleum Association’s 48th IPA Convention and ...
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PEDEVCO Announces Q1 2024 Financial Results and Operations Update

ACCESSWIRE 15 May 2024
The Company drilled and completed three horizontal San Andres wells in its core Chaveroo Field in the Permian Basin with its strategic partner Evolution Petroleum Corporation, with first production commencing in Q1 2024.
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Understanding the issues at Buxton Beach – An FAQ Guide, Revisited

Island Free Press 14 May 2024
Where are the petroleum smells and sheens coming from? ... Back in February 2024, after the Corps conducted a months-long investigation, there were no plans to take action at the site because the Corps was unable to find any clear source of petroleum.
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Congress is sending families less help for day care costs. So states are stepping in

The Associated Press 14 May 2024
Recognizing that a federal solution is unlikely to materialize anytime soon, policymakers have come up with novel ways to pay for their plans.
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Gulf Keystone Petroleum Fights Weak Share Price with Buyback Scheme

Oil Price 13 May 2024
Gulf Keystone Petroleum has laid out plans to return $10m (£8m) to shareholders as its board attacked ...
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Three more chemical drums unearthed at ex-Grumman site in Bethpage

Newsday 13 May 2024
Initial tests showed the first six of the 19 drums to be found at the site contained waste petroleum and chlorinated trichloroethylene (TCE), a known carcinogen. “We want a much thorough plan put in ...
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CORPORATE WINDOW; Cartels, competition and cash

Dawn 13 May 2024
... petroleum sector ... State-owned OMCs like Indian Oil Corporation dominate the market, setting final retail prices with some discretion under the guidance of the Petroleum Planning and Analysis Cell.
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Michigan wants fossil fuel companies to pay for climate change damages

Grist 13 May 2024
Asked about Michigan’s plans to sue, Ryan Meyers, the American Petroleum Institute’s senior vice president and general counsel, said in an emailed statement that it is part of an “ongoing, ...
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A Month of Two Key National Milestones (2)

This Day 12 May 2024
If there was a prior Tinubu plan on the different components and the sequential steps for full deregulation of the downstream sector of the petroleum industry, it wasn’t apparent or, at best, it was being made up along the way.
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PSO proposes debt swap for equity in companies

Dawn 10 May 2024
Pakistan State Oil, the country’s largest oil marketer, says it is in talks with the government on a plan to acquire stakes in public sector energy companies and offset mounting debt it is owed by firms such as the national airline.
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Six-month deadline extension for upgrade agreements irks refineries

Dawn 09 May 2024
However, the “Petroleum Division didn’t arrange signing with the willing refineries, nor extended the deadline date in time to accommodate Parco’s request”, he said, adding that ARL, NRL and PRL plan to invest $3bn on their upgradation projects.
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Petrolimex to pay 15% cash dividend for 2023

The Saigon Times 09 May 2024
HCMCVietnam National Petroleum Group (Petrolimex), which trades its PLX shares on the Hochiminh Stock Exchange, is planning to pay a 15% cash dividend for 2023, equivalent to VND1,500 per share.
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Occidental begins talks for multibillion-dollar divestment plan amid CrownRock deal

Business Journal 09 May 2024
Occidental Petroleum Corp. plans to finish divesting $4.5 billion to $6 billion worth of assets within 18 months of closing the CrownRock acquisition ... .
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Occidental Hopes to Close CrownRock Acquisition by August

Oil Price 09 May 2024
Occidental Petroleum hopes it will have closed its $12-billion planned acquisition of Permian oil and ...

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Chinese President Xi Jinping, left, and Russian President Vladimir Putin review the honor guard during an official welcome ceremony in Beijing, China, Thursday, May 16, 2024.
AP / Sergei Bobylev, Sputnik, Kremlin Pool Photo via AP
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Chinese President Xi Jinping, right, and Russian President Vladimir Putin shake hands prior to talks in Beijing, China, on Thursday, May 16, 2024.
Sergei Bobylev, Sputnik, Kremlin Pool Photo via AP
Visitors watch the BYD ATTO 3 at the IAA motor show in Munich, Germany, Friday, Sept. 8, 2023
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