Following the temporary suspension of petroleum product sales in naira by Dangote Petroleum Refinery, the Arewa Youth Assembly has called on Dangote Petroleum Refinery to disclose the actual cost of ...

This development has prompted a sharp increase in depot prices, with petrol now selling for N875 per litre, according to ...

Analysts have said that the recent decline in headline inflation can be attributed to naira stability and a reduction in ...

Phillips 66 offers greater diversification than competitors, with its substantial marketing, chemical, and midstream assets. While refining primarily drives near-term earnings, management prioritizes ...

There are indications that the Federal Government's Naira-for-crude panel will be reconvening a meeting on Monday to consider continuation of the crude ...

Private depot owners have quickly adjusted their depot prices from N850 to N875 per litre following the announcement by ...

Federal officials have sanctioned a Chinese oil refinery, as well as an oil storage facility and their owners to cut off ...

Crude oil futures rise as US sanctions Iran, OPEC+ cuts output; natural gas, turmeric, jeera futures also traded.

In addition to the refinery and its CEO, OFAC is imposing sanctions on 19 entities and vessels for shipping millions of ...

The Federal Government’s Naira-for-crude panel is set to reconvene on Monday to deliberate on the continuation of its crude supply agreement with Dangote Refinery, amidst ongoing uncertainty over fuel ...

The US has imposed new sanctions on Iran’s oil trade, targeting a Chinese refinery for purchasing and processing Iranian ...

WASHINGTON: The US on Thursday (Mar 20) issued new Iran-related sanctions, targeting entities including for the first time a ...