Oil prices have dropped significantly from 2022 highs, with WTI trading around $70 per barrel. Read more to see my thoughts.

By Timothy J. Killeen The largest and most infamous corruption scandal of the last decade began with a criminal investigation ...

and Hindustan Petroleum Corp. Ltd (HPCL) fell 59.57% and 51.93% to $5.95 and $4.73 a barrel, respectively. Refining margins of Indian refiners and OMCs have been on a downward trend from the highs ...

The Petroleum Products Retail Outlet Owners Association of Nigeria has kicked against the sale of petroleum products in the Nigerian market in dollars by Dangote Refinery. National President of ...

Dangote Petroleum Refinery has suspended the sale of petroleum products in Naira until the Nigerian National Petroleum Company (NNPC) Limited provides an allocation of Naira-denominated crude cargoes.

Petroleum products marketers and depot owners in Nigeria’s oil and gas sector have accused Dangote Refinery of blackmailing the Nigerian government over a naira-for-crude sales deal, amid the ...

Nigeria's Dangote refinery says it will suspend fuel sales in local currency Nigeria's huge Dangote Petroleum Refinery announced on Wednesday that it was temporarily suspending fuel sales in the ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) also holds a 15 per cent equity investment in the refinery project, having executed a share subscription agreement in 2024. The share ...

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri on Tuesday clarified that the Federal Government did not cancel the sale of crude oil in naira to Dangote Refinery.

It is a “myth” that refining is the weak link of Europe’s oil industry and that the sector has been more under pressure in the region than elsewhere, according to the chief economist of data ...

The Nigerian National Petroleum Company Limited (NNPCL) has denied claims that it has terminated the crude-for-naira agreement it previously reached with the Dangote Refinery. The denial follows ...