Reliance Industries has acquired 100% equity stake in Lakadia B Power Transmission (LPTL) for a total consideration of Rs 6.73 crore.

The Lagos Chamber of Commerce and Industry has called on the Federal Government to boost crude oil refining and petrol export to meet its inflation reduction target and strengthen the naira.President ...

Nigerians have expressed concerns over the continued importation of petrol by the Nigerian National Petroleum Company Limited (NNPCL), despite the ...

Canada and Mexico together supply 70% of US crude imports, with Canada alone contributing over 60% (4.1 million b/d in 2024). However, this figure understates the deep ...

Market stalwarts, with their well-established reputations for reliability and profitability, are not immune to losing their way. Any company, from a British blue-chip to a member of the Magnificent ...

The country's gasoline market is in a fever again. In three weeks, wholesale prices increased by 20%, but then slightly decreased. Independent gas stations can no longer afford oil products at such ...

A new report has revealed that the Port Harcourt Refinery, which was commissioned months ago, is still struggling to operate ...

And thank you all for joining us at our Q4 and 12 months 2024 Conference Call. I’m Harry Vafias, the CEO of Imperial Petroleum; and joining us today is Fenia Sakellari who will be discussing our ...

Oil refiners are increasing their efforts to blend renewable feedstocks such as used cooking oil into their crude refining streams to meet global demand for cleaner fuels.

Refiners are increasingly investing in the production of cleaner fuels and petrochemicals as they adapt to changing market ...

Energy companies BP and Iberdrola have begun work on Spain’s largest green hydrogen plant in Valencia. The €70m plant will be sited on a 20,000-sq-m plot next to BP’s Castellón refinery. It will ...

A sustainable approach to graphite production. Petroleum coke, a product of petroleum oil refining, can be converted into ...