The Nigerian government, through the Federal Executive Council (FEC) has directed the full implementation of the ...

The state-owned energy giants signed a deal for the potential expansion of their Yanbu refinery to include petrochemical ...

According to Forbes, Aliko Dangote of Nigeria tops the list as the richest man in Africa for the 14th year in a row with an ...

Petrol stations are warned of severe consequences if found to be participating in a concerning trend first highlighted by ...

Taiwan's Formosa Petrochemical Corp is operating its refinery at 68% capacity this month, or about 370,000 barrels per day, down from 70% in March due to planned maintenance on one of its refining ...

The Federal Executive Council has officially directed the full implementation of the suspended Naira-for-Crude agreement with ...

With the ongoing political unrest in certain areas of the continent and challenging consumer market, Africa's economy is ...

According to the Public Utilities Board, the five cent interim increase in wholesale mark-ups for gas, diesel, and furnace ...

BP has decided to halt plans to produce clean jet fuel at its Castellon oil refinery in Spain, Bloomberg News reported on ...

Colombia's oil major is exploring a circular economy solution involving the repurposing of a refining byproduct to boost soil ...

The Federal Government cut crude oil supplies to local refineries in March, according to data sourced from a Reuters survey. This is as the Organization of the Petroleum Exporting Countries’ oil ...