Over the years, Nigeria has grappled with inefficient oil facility management, pushing the country to rely on imported refined petroleum products. As part of the broader effort to address these ...

Africa's oil and gas sector is set to attract $43 billion in investments in 2025, with projections indicating a decade-high ...

According to report, the Dangote Refinery and Petrochemical Company is purchasing crude oil from outside vendors as it ...

Moreover, OPEC also maintained its outlook on growth of oil supply from non-OPEC+ countries at 1 mbd for 2025 and 2026. In ...

A new scramble for crude oil market share in Asia may be kicking off as top exporters Saudi Arabia and Russia move to boost ...

Shandong Yulong Petrochemical is set to begin trial runs at its second 200,000-barrels-per-day crude processing unit, ...

India and China have been taking different approaches to mitigate short-term  crude oil supply disruptions, Vortexa said in a ...

Africa’s national oil companies (NOCs) are moving beyond operating as state-representatives by transforming themselves into ...

The economy recovered in 2024 as oil sector rebounded from its slump. However, fiscal consolidation efforts somewhat waned, auguring the start of a political cycle. Buffers built during the 2018–21 ...

The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market ...

Agogo FPSO has departed Shanghai for Angola’s Block 15/06, where it is scheduled to achieve first oil in September ...

Their sweat-stained faces lit only by a dim yellow bulb in a neglected corner of the capital Luanda, revellers sway their ...