Despite remaining Africa's largest producer of crude oil, Nigeria only reaps a meagre 5 per cent of the total revenue ...

The Dangote Petroleum Refinery is increasing its crude oil storage capacity by 1 billion litres, equivalent to approximately ...

From natural gas supply and demand dynamics to OPEC+ decisions, heightened volatility could be ahead in 2025. Read more here.

Finland has paraded the enormous anchor allegedly used by an oil tanker belonging to Russia's shadow fleet to snap several ...

President-elect Donald Trump has justified his threat of 25% tariffs on Canada by pointing to the US trade deficit. Top ...

Some of the most severe winter weather may be over, but forecasts into late January suggest that plenty of distillate molecules will head to the heating segment. To that end, prices for diesel and jet ...

Gas prices are a politically sensitive barometer of the economy for Americans. In a petroleum-dependent, mobile society, the ...

Canada is one of the United States' top trade partners, and tariffs on its exports would significantly impact the wallet of ...

LIVE: Indian benchmark equity indices BSE Sensex and Nifty50 are trading lower on Friday, amid muted global cues ...

According to a report from the Ministry of Energy, Petroleum and Mines consulted by Seneweb, all the producing wells have ...

Nigerian Navy personnel, stationed at NNS Jubilee in the Ikot Abasi Local Government Area of Akwa Ibom, have reportedly seized ...