While inventory losses are expected to weigh on Q1 numbers, strong refining margins—especially in diesel and jet fuel—are ...

The Nigerian Navy Ship, NNS, Pathfinder has dismantled nine illegal refining sites in the Ogba/Egbema/Ndoni Local Government ...

Operatives of the Nigerian Navy Ship, Pathfinder, have destroyed nine illegal refining sites housing 175,000 litres of stolen products in Ogba/Egbema/Ndoni Local Government Area of Rivers State.The ...

Limited has reduced the price of Premium Motor Spirit (PMS), also known as petrol, to N910 per litre from N935 per litre in Abuja.

Petroleum product marketers have revealed that Dangote Refinery will sell its petrol for as high as N1,500 if the Nigerian ...

The Nigerian Navy Ship (NNS) Pathfinder has dismantled nine illegal refining sites in Ogba/Egbema/Ndoni local government area ...

The illegal refining sites, which were discovered during the operation, had 45 ovens, 30 reservoirs, and 75 dugout pits.

Crude oil gained on improved sentiment after the U.S. and China agreed to reduce tariffs, easing concerns about loss of ...

Commissioned in mid-August 2022, the 150,000-tpy CIL unit—which produces high-octane alkylate with a RON of 98 to ensure the ...

Oil stocks have made many millionaires, but this highly cyclical industry is not without risks. Learn how to invest your ...

Refinery capacity use is seen rising by 0.6 of a percentage point to 89.6% in a fourth weekly increase, according to the survey. Forecasts range from a 1 percentage point rise to a decline of 0.8 of a ...

The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will be sent to local refineries, especially the new Olmeca refinery.