News

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...
The Dangote Group has announced plans to more than double the production capacity of its fertilizer plant as part of ...
World Oil Outlook forecasts sustained oil demand growth through 2050, requiring nearly 19.5 million bpd of new refining ...
UBS announced a revised outlook on the global oil refining industry, anticipating a significant tightening of supply balances ...
Backbone Infrastructure will build a $15 billion refinery in Nigeria's Ondo State, with a capacity of 500,000 barrels per day. This facility will be the country's second largest, trailing only the ...
President Lazarus Chakwera has declared the official commissioning of the Bakhresa Soya Extraction and Vegetable Oil Refinery a major turning point for Malawi's economic future--hailing it as a bold ...
Britain's insolvent Lindsey oil refinery has resumed fuel deliveries, a spokesperson for the Department for Energy Security and Net Zero (DESNZ) told Reuters on Tuesday, after a deal to continue short ...
Dangote Industries Limited says its 650,000 bpd refinery will begin relying solely on Nigerian crude by the end of 2025, in a ...
India is set to increase its cooking gas imports from the US to 10% starting in 2026, aiming to diversify energy sources and ...
TEHRAN - Iran has become the second-largest oil refiner among OPEC member states, with a daily refining capacity of 2.237 million barrels — accounting for 16 percent of OPEC’s total and 2.1 percent of ...
We believe firmly and without apology that with sincere collaboration between the Federal Government, Aliko Dangote, and all ...
By Yemie Adeoye We are not a serious people! We have never been in a while, and this complete and utter lack of seriousness ...