Malaysia is said to follow a “buy cheap, sell high” strategy in the global oil trade. But what exactly is bought cheaply and sold at higher prices? This article explains.

The Dangote Petroleum Refinery says the recent N100 increase in its petrol ex-depot price was driven by rising global crude ...

As the Strait of Hormuz remains largely blocked amid the US-Israel war on Iran, Saudi Arabia is redirecting crude through its ...

The Dangote Refinery has restored the ex-depot price of Premium Motor Spirit (petrol) to N1,175 per litre, prompting depot ...

The Dangote Petroleum Refinery has accused Nigerian upstream oil producers of failing to supply crude oil to the facility as required under the country’s petroleum law, forcing ...

America First Refining is developing the facility which will be designed to process light shale oil.

Energy experts in Nigeria’s downstream petroleum sector have firmly backed the Dangote Refinery’s N995 per litre gantry price ...

When oil infrastructure burns, the damage doesn't stop at the battlefield — here's what the science and history tell us.

Despite its status as Africa’s largest crude oil producer, Nigeria imported crude oil worth a staggering N5.734tn between January and December 2025 as domestic refineries grappled with persistent ...

As the "Big Seven" oil plants in Saudi Arabia, Iran, and Qatar burn, experts deploy 6 high-tech firefighting methods. Can the ...

Nigeria’s largest private refinery, the Dangote Petroleum Refinery, has assured Nigerians that there will be enough fuel in the country despite the ...

Bahrain’s state oil company, BAPCO, has declared force majeure for its shipments after an Iranian attack on its major refinery caused a massive fire.