The Dangote Refinery and Petrochemical Company is reportedly sourcing crude oil from multiple international suppliers as it gradually increases production, ...

New tariffs on energy imports from Canada and Mexico are poised to disrupt US oil markets, raise costs for refiners, and potentially increase fuel prices for consumers.

By Prisca Akhaya - bno Surabaya Office Indonesia’s state-owned oil giant, PT Pertamina (Persero), is at the centre of an ...

Nigeria's state oil company NNPC Ltd. has begun discussions with the Dangote oil refinery to extend its contract for supplying crude oil in the naira currency.

Crystal Clean's life cycle assessment of its re-refined base oil shows a dramatically reduced GHG footprint compared to ...

Fresh investigations have revealed that the group of vandals targeting pipelines supplying natural gas to Nigeria LNG Limited ...

Heineken Lokpobiri has defended oil deregulation, saying Nigerians are already benefiting from fairer prices and increased ...

Units of Ukraine's Unmanned Systems Forces have struck strategic oil and refinery infrastructure in Russia. Notably, the ...

Oando Plc has stated that its subsidiary, Oando Trading, has been selected as the preferred bidder to lease the refinery ...

Oando Plc is set to manage the century-old Guaracara Refinery, a vital Caribbean asset with advanced refining capabilities, having been selected as preferred ...

In Brent crude oil’s instance, these reserves are under the seafloor, while WTI crude oil is extracted from reserves located under dry land. That’s the first component of oil prices — the extraction ...

Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to maintain transparency and account for ...