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

U.S. crude oil inventories rose for a second consecutive week amid an increase in net imports, according to data released Wednesday by the U.S. Energy Information Administration.

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

Commercial crude stocks are expected to have risen by 2.1 million barrels to 441.9 million barrels in the week ended April 4, according to the average estimate of 10 analysts and traders. Eight ...

The oil and gas sector over the weekend got a vote of confidence from Alpha MBM with the signing of an implementation ...

Saudi Aramco has signed a deal with China's Sinopec to expand a petrochemicals complex operated by their Yasref joint venture ...

Uganda and Dubai-based Alpha MBM Investments LLC signed a pact to jointly develop a 60,000 barrels per day refinery in the ...

Oil will likely fall to the low $60-a-barrel range — levels last seen in 2021 — as markets remain oversupplied, Macquarie ...

The Iraqi Prime Minister confirmed on Sunday that the country’s refining capacity will soon reach 1.54 million barrels per ...

A petrol price crash is imminent following the crash in crude oil prices to $65 per barrel from $73.73, the lowest since 2021 ...

Dangote Refinery has started selling petrol at N865 per liter, a N50 increase from its previous price of N815 per liter.