These measures are set to isolate Nayara from the European distillate market within a transition period of a few months.

Aliko Dangote urges the Nigerian government and NMDPRA to take action against dormant refinery licences, advocating for ...

The House of Representatives Committee on Petroleum Resources (Downstream) has launched an investigation allegation and counter allegation over the continued ...

Big oil companies are forecast to post their lowest quarterly profits in four years after geopolitics whipsawed prices and ...

Commercial crude oil stocks excluding the Strategic Petroleum Reserve declined by 3.2 million barrels to 419 million barrels in the week ended July 18, and were about 9% below the five-year average ...

Meanwhile, the U.S. Strategic Petroleum Reserve (SPR) saw another rare decline, falling by 200,000 barrels to 402.5 million barrels. The draw was linked to a loan to ExxonMobil to resolve quality ...

U.S. crude oil and gasoline inventories fell last week, buoyed by stronger demand and exports, while distillate stockpiles ...

The Minister for Energy and Green Transition, John Abdulai Jinapor, on behalf of President John Dramani Mahama, inaugurated a newly constituted Board of Directors for the Tema Oil Refinery (TOR).

With Nigeria getting closer to becoming a net exporter of petroleum products, the Federal Government yesterday began moves to create a petroleum products trading and pricing market for the West ...

Chevron on Tuesday said recent testing indicates that zinc levels in flagship U.S. offshore crude Mars' production stream ...

Dangote further criticised the lack of harmonised fuel standards across African nations, which creates artificial barriers ...