Marketers of petroleum products have expressed scepticism over a plan by international oil companies to sell crude oil to Dangote and other local refineries in naira.The PUNCH reliably gathered that ...

In its February Monthly Oil Market Report, OPEC said the Dangote refinery could help stabilise the supply of petroleum ...

Over the next five years, advanced refineries are set to make giant strides in energy efficiency and digitisation.

Nigerian billionaire and industrialist Aliko Dangote revealed that his $23 billion oil refinery project has been the "biggest ...

The start of the U.S.-Russian talks on ending the war in Ukraine adds another bearish geopolitical factor for oil prices this ...

Crude producers should reserve a fixed percentage of their output for local refiners before exporting any surplus.

U.S. gasoline prices have resumed their uptrend, with AAA reporting the national average at $3.161 per gallon of regular ...

Analysts estimated gasoline stockpiles rose by about 800,000 barrels last week, and distillate inventories, which include ...

Oil prices lost ground on Wednesday after sources said industry data would show an increase in U.S. crude stockpiles, but ...

Oil prices settled higher on Tuesday as supply disruptions mounted in Russia and the U.S., while talks to end the war in ...

U.S. crude oil and gasoline stockpiles were expected to have risen last week, while distillate inventories likely fell, a preliminary Reuters poll showed on Tuesday.