The Economic and Financial Crimes Commission (EFCC) has raised concerns about oil theft and the actions of petroleum marketers involved in oil bunkering in Uyo, Akwa Ibom State.According to a report ...

ITFC has extended a cumulative total of US$657 million in trade financing to the Union of Comoros, supporting 26 operations ...

In a strategic move to consolidate and streamline state-owned energy enterprises, the government has announced the formation ...

Petroleum futures were modestly higher at midday Monday despite stepped-up U.S. military strikes against Houthi rebels and a new round of Ukrainian drone attacks on Russian refineries.

Can Nigeria become a competitive producer and supplier of petroleum products for both domestic and international markets? This question has become increasingly urgent as the country grapples with ...

A renewed plan by the Indonesian government to turn coal into gas or liquid fuel forms has received mounting backlash from ...

Stocks to Buy: The Nifty index saw a sharp drop on Friday, with stocks like Angel One and HPCL declining. Analyst Pravesh Gour suggests Angel One could find support at 2800, while HPCL needs a ...

Indian state refiner Bharat Petroleum Corp plans a four month tender next week to buy U.S. West Texas Intermediate crude. The tender seeks one million barrels of WTI per month from May or June. Last ...

The Nigerian National Petroleum Company Limited has taken a ... domestic gas utilisation for the nation’s industrial and economic growth. The statement read, “Under the terms of the agreement ...

Haitian economist and former central bank chief Fritz Alphonse Jean took over the rotating presidency of Haiti's transitional presidential council on Friday, taking the top executive role in a ...

New Delhi: India’s Petroleum and Natural Gas Regulatory Board has issued fresh guidelines on transporting petroleum products by road in the wake of recent tragic accidents involving trucks ...