Sen. Heineken Lokpobiri, the Minister of State Petroleum Resources (Oil) has denied claim that he has directed the Nigerian ...

Indian equity benchmarks surged on Wednesday after the Reserve Bank of India changed its monetary policy stance to “neutral”.

Addressing Nigeria's potential as a refining hub, Dangote expressed concern that, despite producing over 3.4 million barrels of crude oil per day, Africa imports around 3 million barrels of petroleum ...

Africa's richest man and President of Dangote Industries Limited, Aliko Dangote, has declared that his company built its 650,000 barrels per day (bpd) refinery, valued at $20 billion, without ...

Chairman of Dangote Refinery and Petrochemicals Company Limited, Aliko Dangote, has said that Nigeria's in-country petroleum ...

Political interference and poor transparency have emerged as the most significant roadblocks to oil exploration in Ghana, as cited by 45 percent of respondents in Deloitte’s ‘Oil and Gas Survey ...

Director of Upstream in the Ministry of Petroleum Resources, who represented him at an event in Lagos, said that he directed the company to focus on equity participation in other refineries.

A consortium of South Korean investors is set to build four refineries, each with a 100,000-barrel-per-day capacity, in ...

Mr Lokpobiri said the statement does not represent his position as the minister overseeing the oil sector, nor does it ...

There are seven so-called “super major” oil companies in the world, of which three are American, one is French and another is ...

The Valero oil company and Amports, owner of terminals that ship oil products, have agreed to pay $3.3 million to settle a ...

This is the reality of greenwashing. A deceptive marketing practice where oil, gas and coal companies portray themselves as ...