NMDC Energy (formerly National Petroleum Construction Company) has announced that it has received a letter of award worth ...

With a turnover of $1.2bn, the Dangote Petrochemical plant, situated alongside the Dangote Refinery, is positioned to cater to the demands of the growing plastic processing downstream industries, not ...

Many green refinery projects are currently at various stages of development, with a strong global focus on producing ammonia, ...

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 ...

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

This dependence has distorted Nigeria’s competitive advantage in petroleum pricing. Despite these challenges, local investors ...

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 ...

China wants its refiners to produce less fuel and more petrochemical products as its electric-vehicle boom alters the country ...