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 ...

The Dangote Petroleum Refinery says it has raised daily production to 85 per cent of its 650,000 barrels per day capacity, ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

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

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

BPCL will enter into a long-term deal of 15-20 years for supply of crude oil for the new refinery, if Saudi Arabia agrees to ...

The Dangote Refinery is set to receive about 12 million barrels of crude oil from the United States of America The crude oil cargo is due to arrive at the Lekki-based refinery in February this ...

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

Indian Oil is buying Russian crude oil cargoes without the involvement of sanctioned entities and expects gasoline demand to ...

The latest U.S. sanctions imposed on the Russian oil industry in January have made crude exports to key Asian customers in India and China more costly and complex. Russian refining runs rose by 2% ...

This was confirmed by the Crude Oil Refinery-owners Association of Nigeria on Thursday, making producers turn to imports for survival and increased production capacity. The CORAN Publicity ...