Nigerian crude prices rose on Monday after Ukraine stepped up attacks on Russia, fanning concerns that Russian oil supply could ...

Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according to the newly released 2025 OPEC World Oil ...

Crude oil prices are following Chinese growth with a one-year lag, and the same holds good for prices of corn, soyabean and ...

In North Africa, Algeria, Libya, and Egypt are advancing projects to improve margins, enhance domestic supply security, and ...

WTI price gains traction to near $63.40 in Monday’s Asian session. Waning prospects for an immediate Russia-Ukraine peace ...

China Concord Resources Corp. has started developing two Venezuelan oilfields. The company plans to invest over $1 billion in ...

Trump has also targeted Brazil with a 50 per cent tariff over what he has termed as a “witch hunt” against former Brazilian ...

China Concord Resources Corp has begun developing two Venezuelan oilfields, planning to invest more than $1 billion in a project to produce 60,000 barrels per day of crude oil by end-2026, an ...

NNPCL is investing heavily in restoring key refineries, including those in Port Harcourt, Warri, and Kaduna, with the goal of ...

The restaurant chain got its start in 1969 as a roadside stop for sit-down meals. It's since expanded to over 400 locations.

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 ...