China's newest refiner Shandong Yulong Petrochemical is expected to start test operating its second crude oil processing unit late this month, trading sources with knowledge of the plant's operations ...

U.S. crude oil stockpiles rose more than expected last week, while gasoline and distillate inventories fell as product ...

The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian ...

Nigerians may soon experience another surge in petrol prices as the Nigerian National Petroleum Company (NNPC) Limited has ...

By: Kingsley Omonobi In furtherance of operations against crude oil thieves and economic saboteurs in the Niger Delta and ...

Limited has discontinued the naira-for-crude deal with Dangote Petroleum Refinery and other local refineries, TheCable ...

U.S. oil prices were rising by more than $1/bbl, with the Nymex April West Texas Intermediate crude contract up 98cts to $67.34/bbl while May prices gained 99cts to $66.99/bbl. The front-month ...

The Nigerian National Petroleum Company (NNPC) Limited has suspended the naira-for-crude oil swap deal with domestic refiners, including Dangote Refinery and other private operators. The decision, ...

Crude oil prices have fallen to a 12-week low, sparking speculations that petroleum product prices could crash further as ...

The Dangote Refinery is reportedly set to receive about one million barrels of Algerian Saharan crude in March as it begins ...

The Afenifere Youth Renewal Group (AYRG) has written President Bola Tibubu, expressing concern over an alleged plot to ...

Nigeria's 650,000 b/d Dangote refinery has acquired its first cargo of Algeria's Saharan Blend crude, a premium light sweet ...