Petroleum Products Updates

Hints

1. NNPC, PPMC earn N933bn from petroleum products sales

   Vanguard

   NIGERIAN National Petroleum Corporation, NNPC, and its subsidiary, the Pipeline and Products Marketing Company, PPMC, earned N933.289 ...

2. Oil Minister asks states to help bring petroleum products under GST

   ETAuto.com

   INDORE: Oil Minister Dharmendra Pradhan has nudged the states to agree on bringing all petroleum productsunder the Goods and Services Tax ...

3. Indonesia, Malaysia eye trade expansion beyond palm oil, petroleum

   Jakarta Post

   Indonesia and Malaysia expect to see an increasing volume of goods other than palm oil and petroleum products flowing between the two nations in ...

4. IGL chief bats for inclusion of natural gas products in GST

   Daily News & Analysis

   However, he said, it was Reliance Industries Limited's mega refinery Jamnagar and other petroleum productcompanies in Gujarat, which shell out ...

5. Buckeye Partners to acquire 50% of VTTI, a Vitol Group company

   PR Newswire (press release)

   It is one of the largest independent liquid petroleum products pipeline operators in the United States in terms of volumes delivered, with approximately ...
   Buckeye Partners (BPL) Enters Agreement to Acquire 50% Stake in VTTI BV for $1.15B - StreetInsider.com

   Buckeye Partners buys half of marine terminal company for $1.15 billion - Reuters

   Full Coverage

6. How $15b Nigeria-India deal will tackle forex crisis

   Guardian

   ... the coming on board of Dangote refineries has the potential to end the supply/demand gap for petroleum products in the country,” the analysts said.
   $15bn Upfront Payment: Hope Rises For Nigeria's Ailing Foreign Reserves - Leadership Newspapers

   Full Coverage

7. Magellan Midstream Broadly Tracked Sector Returns in 2016

   Market Realist

   MMP owns one of the longest refined petroleum products pipeline systems in the United States, with access to nearly 50% of the country's refining ...
   How Most Analysts See Magellan ahead of Its 3Q16 Results - Market Realist

   Full Coverage

8. Transportation Safety Board launches investigation into tug running aground near Bella Bella

   News Talk 770 Calgary

   There will also be new route restrictions in place for all vessels transporting petroleum products through all compulsory areas; the new regulations will ...

9. 'If you invest in Vidisha, you'll get triple benefit'

   Times of India

   Seeking Chouhan's help, he said: "In the last 3-4 years, there is a healthy growth of petroleum products in MP. I request the CM to agree to this.

10. From NELP TO HELP: Can a new policy transform the oil and gas exploration and production ...

    Financial Express

    India is the 3rd largest consumer of crude oil and petroleum products with oil and gas contributing 34.4% to primary energy consumption.

Petroleum in Nigeria

1. Latest jobs in Nigeria: Shell Petroleum Development Company Recruitment

   FINANCIAL WATCH (press release) (blog)

   Shell's focus is on innovation and technology has made us a leading manufacturer, distributor and marketer of refined petroleum products and has us ...

2. Air Force begins fresh bombardment of Sambisa Forest

   Daily Post Nigeria

   The Nigerian Air Force, NAF, has commenced another round of air ... of illegal oil refineries and barges used for carrying stolen petroleum products.
   Boko Haram: Air Force launches fresh offensive against terrorists in Sambisa - Nigeria Today

   Air Force carries out more strikes in Sambisa forest - Nigeria Today

   Full Coverage

3. Nigeria Air Force 'Destroys Illegal Refineries' in Rivers

   Naija247news

   ... in the Niger Delta region, NAF today destroyed illegal oil refineries and barges filled with petroleum products,” Mr. Famuyiwa, a group captain, said.

4. Ghana starts fuel exports to West African countries

   Graphic Online

   ... of Burkina Faso, Niger and Mali from the Bolgatanga Petroleum Depot. ... is also supplying petroleum products from the depot to Benin and Nigeria.
   GHANA'S ENERGY SECURITY GUARANTEED— MINISTER - Ghana

   Full Coverage

Petroleum Products

1. Propane Leads Increase in US Petroleum Products Exports

   Industrialinfo.com (subscription)

   SUGAR LAND--October 5, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--According to the U.S. Energy Information ...

2. Latest jobs in Nigeria: Shell Petroleum Development Company Recruitment

   FINANCIAL WATCH (press release) (blog)

   Shell's focus is on innovation and technology has made us a leading manufacturer, distributor and marketer of refined petroleum products and has us ...

3. Apicorp arranges $100m funding for Egyptian General Petroleum

   Times of Oman

   Apicorp arranges $100m funding for Egyptian General Petroleum ... and for ensuring the supply of various refined petroleum products within Egypt.

4. Ghana starts fuel exports to West African countries

   Graphic Online

   The state-owned Bulk Oil Storage and Transportation Company (BOST) Limited is also supplying petroleum products from the depot to Benin and ...
   GHANA'S ENERGY SECURITY GUARANTEED— MINISTER - Ghana

   Full Coverage

5. Magellan Midstream to Announce Third-Quarter 2016 Financial Results on Nov. 2

   PR Newswire (press release)

   The partnership owns the longest refined petroleum products pipeline system in the country, with access to nearly 50% of the nation's refining capacity ...

6. Hurricane Matthew Threatens Petroleum Terminals in Bahamas

   Rigzone

   The two terminals “are significant for storage and are used for blending and transshipment of crude andpetroleum products,” Andy Lipow, president of ...
   Hurricane threatens Bahamas oil storage terminals - Seeking Alpha

   Full Coverage

7. APICORP arranges $100 million financing facility for Egyptian General Petroleum Corporation

   CPI Financial

   ... and for ensuring the supply of various refined petroleum products within Egypt, subject to the direct oversight of the Egyptian Ministry of Petroleum.

8. NV Earth Releases Revolutionary Replacements for Petroleum-Based OPE Lubricants

   Benzinga

   Dynamic Green Products launches its NV Earth line of bio-based outdoor power equipment (OPE) lubricants that can replace conventional petroleum ...

9. MGX Minerals Files NI 43-101 Technical Report for Sturgeon Lake Lithium Property

   Investing News Network (press release) (registration) (blog)

   That is, in the early history of this oilfield (mid-1950's), most wells started out pumping hundreds to thousands of barrels of petroleum products per day, ...

10. Uganda: Refinery Presents Headache to Govt

    AllAfrica.com

    The completion of the refinery is crucial to saving the country billions of shillings spent annually on importation of petroleum products. Uganda ...