The Nigerian government's plan to sell crude priced in the local currency is faltering, with refiners, including the giant Dangote Oil Refinery, saying they are still unable to secure adequate ...

Cosmo Oil has let a contract to Chiyoda to evaluate the potential for implementing infrastructure designed to separate and ...

The Dangote Refinery has resumed importing crude oil from the United States despite a standing crude supply arrangement with ...

The latest development could mean that the naira-for-crude deal by the federal government fell through or that the refinery ...

The Vice President of Oil and Gas at Dangote Industries Limited, Devakkumar Edwin , has said Dangote Refinery has done what ...

Dangote Refinery has resumed importing crude oil from the United States to boost its refining operations. A Bloomberg report ...

Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three highly lucrative years with historic profits. The sector is still ...

Earlier Dangote Refinery had accused petroleum marketers of wanting to import substandard products at a cheaper rate. The Petroleum Products Retail outlets Owners Association of Nigeria (PETROAN ...

Dangote Refinery on Sunday said it sells its petrol at N960 per litre into ships and N990 per litre into trucks. The company’s Group Chief Branding and Communications Officer, Anthony Chiejina ...

The Defence Headquarters (DHQ) says the troops of Operation Delta Safe destroyed 98 illegal refining sites across ... discovered and destroyed 49 crude oil cooking ovens, 11 dugout pits, 72 ...

In the last wave of U.S. refinery closures, which occurred between 2017 and 2022, nine crude oil refineries with a combined capacity of 1.2 million bpd were idled or converted to production of ...

HOUSTON (Reuters) - Chemical maker LyondellBasell Industries on Friday detailed its long-announced plan to permanently shutter its 263,776 barrel-per-day (bpd) Houston oil refinery in the first ...