The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

NEW DELHI - Indian Oil Corp plans to shut the diesel desulphuriser unit at its 300,000 barrel-per-day Panipat refinery for an ...

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 ...

Nigeria's Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline and diesel to supply refined fuel to southern Africa, two sources told ...

Dangote Refinery has again, within a week interval, reduced its ex-depot price of Premium Motor Spirit (PMS), commonly known ...

Dangote Refinery has slashed petrol prices to ₦820 per litre, expanded its distributor network, and announced direct delivery ...

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 ...

India diversifies LPG imports, plans to buy 10% from U.S. by 2026 to boost energy purchases and trade relations.