Petroleum articles
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“Fuel Scarcity Will Last For 2 More Weeks” – Petroleum Marketers Reveal
The Independent Petroleum Marketers Association of Nigeria, IPMAN, said yesterday that the petrol scarcity spreading to more states nationwide will take at least two weeks to normalise. The public relations officer of IPMAN, Chinedu Ukadike, said the product was unavailable in the country. He said it has become a challenge to source the product because most European refineries are […]
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Callon Petroleum (NYSE:CPE) Receives New Coverage from Analysts at StockNews.com
StockNews.com began coverage on shares of Callon Petroleum (NYSE:CPE – Free Report) in a report issued on Saturday morning. The firm issued a hold rating on the oil and natural gas company’s stock. A number of other research analysts have also issued reports on the company. Stifel Nicolaus reiterated a hold rating and set a […]
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Biden administration bans drilling in nearly half of Alaska petroleum reserve in sweeping win for climate advocates
In a sweeping win for climate and environmental advocates, the Biden administration on Friday finalized a rule to ban fossil fuel drilling on nearly half of the National Petroleum Reserve in Alaska, alongside other major conservation actions. The Interior Department will block oil drilling on over 13 million acres in the Western Arctic, including about 40% of the land of the NPR-A – a remote area that is home to protected animal species including polar bears and caribou. The reserve is more than...