Increased production at Nigerian refineries, particularly Dangote, is reducing the reliance on petrol imports from European ...

Nigeria is looking to harness advanced technology to boost oil revenue and address its significant budget deficit, Wale Edun, ...

Petroleum marketers in Nigeria have asked the NNPC to revitalise its 21 moribund petroleum depots scattered nationwide to ...

Before bringing the kingdom’s only oil refinery to a halt 10 years ago, Ethiopian-born Saudi businessman Mohammed al-Amoudi ...

The President of Nasrul-Lahi-L-Fatih Society (NASFAT), Alhaji Ayodeji AbdulWahid Abdul Rauf, has led the executive council and distinguished members to deliberate on Nigeria’s economic future. The ...

The Dangote Refinery in Nigeria is set to receive 12 million barrels of crude oil from the US as it struggles to secure ...

The Central Bank of Nigeria Governor, Olayemi Cardoso, on Thursday, said the country’s Gross Domestic Product is expected to ...

Gasoline stocks in Europe have hit a record high as exports dropped due to higher refinery runs in the U.S. and Nigeria, resulting in gasoline profit margins at European and U.S. oil refineries ...

As a result, gasoline stocks in Europe reached a record-high as exports fell due to increased refinery runs in Nigeria and the United States.

ShareThe return of Port Harcourt Refinery to refining, after many years of comatose brings renewed hope, but also calls for ...

The Organisation of the Petroleum Exporting Countries (OPEC) says the production of petroleum products by the Dangote Petroleum Refinery has reduced the importation of refined products from Europe. In ...

The state-owned oil company also increased the PMS price in Lagos to N960 per litre from N925. The upward review of the fuel ...