Malaysia is said to follow a “buy cheap, sell high” strategy in the global oil trade. But what exactly is bought cheaply and sold at higher prices? This article explains.

Energy experts in Nigeria’s downstream petroleum sector have firmly backed the Dangote Refinery’s N995 per litre gantry price ...

As the Strait of Hormuz remains largely blocked amid the US-Israel war on Iran, Saudi Arabia is redirecting crude through its ...

The Dangote Petroleum Refinery says the recent N100 increase in its petrol ex-depot price was driven by rising global crude ...

The Strait of Hormuz, a critical energy route, is effectively blocked due to the escalating US-Israeli war on Iran, halting tankers traffic and forcing oil producers to cut the oil output. Damaged ...

The Dangote Petroleum Refinery has accused Nigerian upstream oil producers of failing to supply crude oil to the facility as required under the country’s petroleum law, forcing ...

Despite being the world’s largest oil producer, the United States is facing rising gasoline prices as Middle East tensions ...

America First Refining is developing the facility which will be designed to process light shale oil.

Nigeria’s largest private refinery, the Dangote Petroleum Refinery, has assured Nigerians that there will be enough fuel in the country despite the ...

Dangote Refinery has reduced petrol price by N100 and cut diesel to N1,430, offering potential relief to marketers and consumers struggling with high cost.

Bahrain’s state oil company, BAPCO, has declared force majeure for its shipments after an Iranian attack on its major refinery caused a massive fire.

Energy experts in Nigeria’s downstream petroleum sector have defended the pricing structure of the Dangote Petroleum Refinery, accusing some fuel ...