Shell announced changes to its executive committee in a statement posted on its website this week.“We have made significant progress against our previously announced...
Petrol importation remained the dominant source of fuel consumed in Nigeria in 2025, accounting for 62.47 per cent of the country’s total Premium Motor...
The fuel supply arrangement between the Dangote Petroleum Refinery and 20 major petroleum marketers, under which the parties agreed to offtake 600 million litres...
Angola’s Minister of Mineral Resources, Petroleum and Gas of Angola Diamantino Azevedo reaffirmed the importance of the Lobito Refinery during a visit to the...
Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has shelved the development of a liquefied natural gas (LNG) export project on Louisiana’s Gulf Coast.
Energy Transfer...
The Port Harcourt Refining Company, which is currently shut down, is still supplying 349,000 litres of automotive gas oil, otherwise known as diesel, daily,...
India's Reliance Industries Ltd continues to receive oil cargoes supplied by Rosneft after obtaining a one-month concession from Washington, which had imposed sanctions on...
Qanot Sharq has become the first Airbus A321XLR operator in Central Asia and the Commonwealth of Independent States (CIS), after taking delivery of its...
As more MRS filling stations in Lagos and Ogun states join in dispensing the Premium Motor Spirit (petrol) produced by the Dangote Petroleum Refinery...
U.S. crude inventories fell, while gasoline and distillates stockpiles rose last week amid strong refining activity, the Energy Information Administration said on Wednesday.
Crude inventories...
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 1.8 million barrels from the week ending November 28...
NNPC says Escravos-Lagos line suffered “loss of containment” on Thursday evening
An explosion has occurred on a critical gas pipeline linking Escravos and Lagos in...
As the Dangote Petroleum Refinery dropped its petrol gantry price on Friday, the Crude Oil Refineries Association of Nigeria has appealed to President Bola...
Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how Latin America's largest crude producer...
SK Chemicals will achieve Korea's first vertical integration of recycling by securing in-house access to the feedstock required for recycling.
SK Chemicals announced that it...
Nigeria has continued to depend on imported Premium Motor Spirit (petrol), as the three Federal Government-owned refineries being managed by the Nigerian National Petroleum...