As of March 12, the NGX Oil and Gas Index has recorded a 7% decline, driven by a broad downturn among its constituent stocks. In essence, the downstream stocks, except Eterna Plc are all bearish, as ...

Crude oil prices jumped following U.S. attacks on the Yemeni Houthis, as ongoing tensions in the Red Sea and potential ...

Since the start of March, Niger Republic has been grappling with an unprecedented fuel shortage. The once flourishing smuggling of Premium Motor Spirit or petrol from Nigeria to Niger Republic has ...

Chinese refinery output increased by 2.1% in the first two months of the year, driven by state-owned refineries and holiday ...

IPMAN has denied allegations that it opposed the recent reduction in Premium Motor Spirit (petrol) prices by Dangote Refinery ...

The Federal Government has given approval for the construction of a modular refinery in Abia State. Abia State Governor, Dr ...

China's crude oil throughput in January and February rose 2.1% versus a year earlier, official data showed on Monday, ...

Its history was built on fossil fuels - but now the site's future depends on its reinvention as a green energy industrial hub ...

The attacks comes less than 24 hours after Russian President Vladimir Putin met with U.S. envoy Steve Witkoff.

An explosion at Russia's Ryazan oil refinery resulted in one fatality and three injuries during technical work. The plant, ...

One worker was killed and three other were injured in an explosion at an oil refinery in Russia's city of Ryazan, TASS and ...

A fire caused by a Ukrainian drone attack at the Tuapse oil refinery in Russia's Krasnodar region has been contained to 1,250 ...