Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics” or “DKL”) announced the development of permitted acid gas injection “AGI” capabilities at ...

Some have raised questions on the timing of the commencement of operation of the Port Harcourt Refinery, as an attempt to sabotage Dangote.

Miles away from Alesa-Eleme where Nigeria’s oldest Refinery is situated, one can see the orange tongue of flame teasing the ...

The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other ...

“The oil business is not the same as selling sugar, spaghetti, cement, or rice. “NNPC will go from strength to strength, and once its other refineries are working as well, Nigerians will have ...

Africa's wealthiest man, Aliko Dangote, has built a colossal oil refinery in the Ibeju Lekki district, on the outskirts of Lagos, Nigeria. The Dangote Oil Refinery, with a capacity to process ...

The United States is the largest oil producer in the world. Crude oil has been extracted there since the 1850s and in the years since U.S. oil production has grown to over 19 million barrels per day.

The statement further explained that diesel and Pour Fuel Oil would be the highest output from the refinery, with a daily capacity of 1.5 million litres and 2.1 million litres, respectively.

Russian oil-product exports rebounded in November to the highest in eight months as local refineries ramp up production with the end of autumn maintenance. Seaborne fuel shipments averaged about 2 ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Worried over the alleged corruption in the oil sector, a chieftain of the All Progressives Congress, APC, Joe Igbokwe, said Nigerian refineries should be sold to business magnates in the country.

Di Nigerian National Petroleum Company (NNPC) say di Port Harcourt refinery for Rivers state, south south Nigeria don begin crude oil processing. NNPC say di refinery go operate at 60% capacity ...