Gunvor drops PetroSeraya fuel oil storage in Singapore, Sinopec to take over

[ad_1] SINGAPORE, Nov 9 (Reuters) – Global energy trader Gunvor (GGL.UL) is exiting fuel oil storage at the PetroSeraya terminal in the Asian oil hub of Singapore, with a Sinopec…

Nigeria’s Tinubu offers wage increase ahead of labour strike

[ad_1] Bola Tinubu, President of Nigeria, arrives for the closing session of the New Global Financial Pact Summit, Friday, June 23, 2023 in Paris, France. Lewis Joly/Pool via REUTERS/File Photo…

Macron wants fuel industry to sell at cost price

[ad_1] Fuel nozzles are seen at a petrol station in Paris, France, September 18, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights PARIS, Sept 24 (Reuters) – French President Emmanuel Macron…

UK’s Morrisons, Motor Fuel Group in $3 bln fuel stations deal talks – Sky News

[ad_1] A customer carries a shopping bag outside a Morrisons supermarket in New Brighton, Britain, July 5, 2021. REUTERS/Phil Noble/File Photo Acquire Licensing Rights Sept 8 (Reuters) – Motor Fuel…

Sinopec not interested in acquiring Shell’s Singapore assets

[ad_1] The company logo of China’s Sinopec Corp is displayed at a news conference in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip/File Photo Acquire Licensing Rights Sinopec interested in…

Pakistan’s petroleum prices hike to fuel sky-high inflation

[ad_1] ISLAMABAD, Aug 1 (Reuters) – Pakistan announced an increase in petrol and diesel prices on Tuesday to meet fiscal objectives laid down in a deal with the International Monetary…

Malaysia’s Petronas sees domestic oil, gas output peaking by 2024

[ad_1] [1/2]A logo of Petronas is seen at their office in Kuala Lumpur, Malaysia, April 27, 2022. REUTERS/Hasnoor Hussain SINGAPORE, June 27 (Reuters) – Malaysia’s state energy firm Petronas sees…

Analysis: Nigeria’s Tinubu faces daunting hurdles after reform sprint

[ad_1] Petrol subsidy, forex restrictions removed Disputed election deeply polarised Nigeria Some Nigerians link Tinubu to Buhari legacy Corruption, patronage networks entrenched LAGOS, June 27 (Reuters) – New Nigerian President…

Brent’s ‘scarcity premium’ widens to most since 2013 in oil rally

[ad_1] LONDON, Oct 15 (Reuters) – The structure of Brent crude oil futures is showing a “scarcity premium” that has widened to the most since 2013 this week, a sign…

Lebanese firefighters put out fire at fuel facility

[ad_1] BEIRUT, Oct 11 (Reuters) – Firefighters put out a blaze that raged for several hours at a gasoline storage tank in southern Lebanon on Monday, the latest blow to…