Dangote Petroleum Refinery and Petrochemicals FZE has secured about $2.5bn in fresh capital through a private equity placement, in what the company described as...
After years of opaque allocations, Nigeria’s latest seven‑hour oil block bidding saw 31 winners from 143 bidders, but doubts over transparency and capacity persist...
Shipping disruptions in key Middle East chokepoints intensified as the US-Iran war grinds on, with vessels in the Red Sea making unusual maneuvers, while...
Marketers of petroleum products have stated that the loading of fuel has been put on hold at the Dangote Petroleum Refinery following the facility’s...
Venezuela’s interim government published long-awaited oil regulations on Thursday that effectively end the decades-long control of national oil company Petróleos de Venezuela SA, or...
Pump  price of Automotive Gas  Oil (AGO), otherwise known as diesel, have recorded significant hikes in Lagos, Port Harcourt and Warri.This comes against a relatively...
Nigeria’s crude oil production has climbed to its highest level in more than six years, with the country exceeding its Organisation of the Petroleum...
The U.S. Energy Information Administration (EIA) lowered its U.S. regular gasoline price projection for both 2026 and 2027 in its latest short term energy...
Venezuela’s interim government published long-awaited oil regulations on Thursday that effectively end the decades-long control of national oil company Petróleos de Venezuela SA, or...
State-owned Israel Natural Gas Lines Ltd (INGL) has completed a project to expand the pipeline system that delivers Israeli natural gas to Egypt, one...
The Federal Government has said it is accelerating investments in strategic gas infrastructure to unlock Nigeria’s domestic gas market, drive industrialisation, create jobs and...
The Dangote Petroleum Refinery sourced about 78 per cent of its crude oil feedstock from the Nigerian National Petroleum Company Limited and other indigenous...
