Reports of a rising importation of petroleum products at a time Nigeria is hosting the Dangote Refinery, the largest productive refinery complex in Africa is worrisome.

Solvent Extractors’ Association writes to Indian PM to close tariff loopholes, warns of revenue loss and market disruptions.

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...

Trump’s promotion of fossil fuel-driven growth poses significant challenges, but there are mitigating factors as well.

Nigeria has finally met the quota set for it by the OPEC, a report by the Nigerian Upstream Petroleum Regulatory Commission ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data. WTI trades at $70.55 per barrel, down ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions.

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

Located in the heart of Canada, the province of Saskatchewan has the resources needed to help ensure food and energy security ...

Oil has long been the engine that powers the world. Countries rely on it to fuel cars, planes, factories, and economies. Its ...