There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and ...

Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.

U.S. crude oil stockpiles were expected to have fallen last week while gasoline and distillate inventories likely rose, an ...

There is likely to be much attention paid to the Canada/US trade relationship today. Lots of information has been shared ...

U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

Ahead of the Budget 2025, currently, cities like Chennai, Mumbai, Bangalore, and Hyderabad among others sell 1 litre of petrol at more than Rs 100. In some cities, diesel prices have shot over the Rs ...

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...

There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell refined products to marketers in the local currency, may be threatened ...

Indian oil refineries are financing Putin's war against Ukraine – and certain Western sanctions are having a dangerous side ...

The Dangote Petroleum Refinery is expected to receive up to 12 million barrels of crude oil from the United States by ...

The Commandant General's Special Intelligence Squad of the Nigeria Security and Civil Defence Corps, NSCDC, has arrested four ...