At the centre of this transformation is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and has already started reshaping West Africa’s fuel trade.

At the forefront of Africa’s refining expansion is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and is already reshaping regional fuel trade dynamics. Further developments ...

Rather than send a message about the past, Lavrov’s sweatshirt served as a reminder of the future playbook: bankrupt Russia, and President Trump using his “American Energy Dominance” agenda can do ...

Angola’s crude production slipped below 1 million barrels a day in July, marking the lowest level since March 2023. ・Angola's ...

October WTI crude oil (CLV25 ) on Thursday closed up +0.81 (+1.29%), and October RBOB gasoline (RBV25 ) closed up +0.0281 (+1 ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country is on track to achieve a crude oil production ...

Everyone in the energy business spends some time thinking about future oil prices. Up. Down. Flat. Regardless of the direction, price changes impact oilfield spending and activity. Given the ...

Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

State-run Oil Marketing Companies (OMCs) like IOCL, BPCL, and HPCL are expected to maintain strong profitability throughout the current fiscal year (FY26). This positive outlook is driven by several ...

Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major ...

Empire Petroleum struggles with high costs and unprofitability. The oil market outlook is deteriorating. See here for an in-depth analysis of EP stock.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.80 during the early Asian trading hours on Thursday. The WTI edges higher as US crude oil inventories fall more than ...