Nigeria is spearheading an initiative to establish a regional pricing benchmark for refined petroleum products across West Africa, aiming to create a more unified and transparent fuel market. This ...

Equinor ASA (NYSE: EQNR) reported strong second-quarter 2025 results, with adjusted operating income of $6.53 billion and net ...

The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has stated that Africa loses $90 billion annually to importation of substandard petrol fuel due to lack of refineries in the ...

The American Petroleum Institute reportedly shows a draw of 577K barrels of oil in US commercial stockpiles for the week ending July 18.

Commercial crude-oil stockpiles are expected to have fallen by 800,000 barrels to 421.4 million barrels in the week ended July 18, according to the average estimate of 10 analysts and traders. Seven ...

The President of the Dangote Group, Alhaji Aliko Dangote, on Tuesday claimed that International Oil Companies (IOCs) are the ...

U.S. gasoline prices are nearing a milestone below $3 per gallon due to tepid summer demand, surging imports, and a bearish oil market, with further declines expected.

This agreement further strengthens our partnership with BASF. Natural gas not only provides energy security to Europe but ...