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 ...

Beyond these agreements, negotiations are ongoing for additional deals, with an estimated total value of $36 billion in the near future ...

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

Calgary-based NOVA Chemicals has a new ownership group — but the people calling the shots for the company and its 2,500 employees will still be on the other side of ...

Vietnamese and US businesses on March 13 signed various economic and trade cooperation agreements as part of Special Envoy of ...

MAJOR Oil Marketers have confirmed that market forces and a healthier competitive environment have a huge influence in ...

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

Alberta is pursuing international oil sales to diversify markets, reduce reliance on U.S. trade, and strengthen global energy ...

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 ...

Mitsui OSK Lines (MOL) is expanding its non-shipping business by acquiring a Dutch company that stores and handles bulk ...