Participants in the oil sector now have access to $2.97bn in funds from the Central Bank of Nigeria to import petroleum ...

The Crude Oil Refiners Association of Nigeria (CORAN) has called on the Federal Government to peg the foreign exchange rate ...

One week after the Nigerian National Petroleum Company Limited commenced loading Premium Motor Spirit, popularly called petrol, at the Dangote Petroleum Refinery, most filling stations across the ...

Ordinarily, the Dangote refinery should be a thing of joy, a national pride — something Mr Femi Otedola, Alhaji Aliko Dangote ...

Oil prices, which eased somewhat on Friday, ended higher for a second consecutive week as factors from a massive cut in US ...

I  had said to myself and to people close to me that I would never write again on the untenably rising prices of petrol in ...

In general, refinery capacity growth has stalled. During the pandemic, some refineries closed because they could not operate profitably. In 2021, net global capacity fell for the first time in 30 ...

Oil prices were steady on Friday and set for a second straight week of gains, garnering support on a large cut in U.S.

Oil prices ticked lower on Friday but remained on track for a second consecutive week of gains, drawing support from a large ...

Majeed Dahiru has urged the Nigerian government to explain the NNPC-Dangote Refinery partnership, raising concerns over ...

Since then, WTI prices have rebounded to over $71 US per barrel as of Thursday afternoon. Bell says oil prices have a specific impact on what Albertans pay at the pump. Caption: Gasoline prices in ...

Canada has recently inaugurated a rare earth refining plant in Saskatchewan, a significant development in the global supply ...