In his presentation, the Managing Director of Nigeria Port Authority (NPA), Dr Abubakar Dantsoho said NPA remitted N753billion into consolidated revenue fund and projected N997billion for 2025 fiscal ...

Japanese convenience store chain giant 7-Eleven started collecting waste oil together with petroleum company Eneos on ...

Sri Lanka has signed an agreement with Sinopec, which will see the Chinese international petroleum corporation invest 3.7 ...

THE Prime Minister, Mr Rabbie Namaliu, is holding urgent discussions with key government officials to determine the possible ...

The Organization of the Petroleum Exporting Countries (OPEC) projects global oil demand to grow by 1.4 million b/d in 2025 ...

Crude oil prices continued to rally on Thursday as a drop in US stockpiles and a softer inflation buoyed sentiments in the ...

Eighteen floating production units, including four FLNG facilities, expected to be awarded this year, says consultant ...

The government will continue to utilise Trinco Petroleum Terminal (Pvt) Ltd which is a joint venture company established ...

The removal of fuel subsidy in the 2023 federal budget triggered a series of negative developments in the Nigerian economy, made worse by the floating of the ...

The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil projections by the IEA of global oil demand peaking before 2030. The forecast ...

Filling stations across Nigeria have increased their prices again in response to the soaring global crude oil cost, which ...

With about 8.3 million people, New York City said the companies falsely portrayed themselves in ads and social media as ...