Over the years, Nigeria has grappled with inefficient oil facility management, pushing the country to rely on imported refined petroleum products. As part of the broader effort to address these ...

The Technical Sub-Committee on the Naira-for-Crude Policy met at the Ministry of Finance Headquarters to reiterate ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on ...

Total Chinese oil demand continued to grow in 2024, supported by higher demand from the petrochemical sector. But Chinese ...

Can Nigeria become a competitive producer and supplier of petroleum products for both domestic and international markets?

China's newest refiner Shandong Yulong Petrochemical is expected to start test operating its second crude oil processing unit late this month, trading sources with knowledge of the plant's operations ...

The shipping giant announced it has acquired Rotterdam-based LBC Tank Terminals Group Holdings. MOL described LBC as one of ...

Egypt is pursuing significant expansion in its fossil fuel sector with a $7 billion petrochemical complex and new oil and gas ...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has granted licenses to three oil companies for ...

The Nigeria Midstream and Downstream Petroleum Resources Authority (NMDPRA) has announced that it has issued refining ...

We recently compiled a list of the 10 Best UK Growth Stocks to Buy Now. In this article, we are going to take a look at where ...

China's central planning agency is urging refiners to reduce fuel production and increase petrochemical output due to ...