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 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 ...

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.

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 ...

NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories ...

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 ...

Fearnleys said charterers have been trying to slow the momentum of the largest crude tanker asset class by fixing ships under the radar as earnings have climbed and fixing dates for September’s Middle ...