According to Trump, the Brownsville refinery, the first new refinery in the US in five decades, entails a $300-billon deal.

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.

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

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 ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. FREEPORT, TEXAS - JANUARY 14: The Nave Photon crude oil tanker is ...

Ever wondered what fuel large ships use to travel across oceans for weeks? Most commercial vessels rely on Heavy Fuel Oil ...

LPG is the country’s most imported petroleum product, with 60% of supply coming from outside the country. Behind this dependence is flatlining domestic production that has fallen far short of demand.

The Centre for the Promotion of Private Enterprise (CPPE) has explained that having domestic refineries in Nigeria cannot fully protect the country from changes in global fuel prices. In a statement ...

Saudi Arabia has shut down operations at the Ras Tanura oil refinery after it was struck by Iranian Shahed-136 drones. The ...

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

Despite being the world’s largest oil producer, the United States is facing rising gasoline prices as Middle East tensions ...

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