Astron Energy, a unit of global commodity trader Glencore , will invest up to six billion rand ($328 million) to install new ...

U.S. President Donald Trump's administration has asked oil and biofuels producers to hash out a deal on the next phase of the ...

Washington has issued new Iran-related sanctions, including a Chinese "teapot," or independent refiner, and vessels that ...

The government of Uganda has entered an agreement with Alpha MBM Investments to advance development and construction of the country’s long-planned but delayed first crude oil ...

Saudi Aramco is in discussions to invest in two planned refineries in India, offering to supply significant crude volumes in ...

India is in talks with Saudi Aramco, the world's top oil exporter, to secure investment in two planned refineries.

Nigeria's newest crude oil grade, the sweet Obodo blend, is reportedly ready for export to European markets alongside other ...

JUBA, Dec. 13 (Xinhua) -- South Sudan on Friday announced a plan to construct a new oil refinery worth 3 billion U.S. dollars at the Tharjiath field in Unity State, one of the country's key oil ...

Global markets have recently experienced a downturn, with U.S. stock indexes declining due to trade policy uncertainty, growth concerns, and persistent inflation, affecting consumer sentiment and ...

Petroleum product marketers have predicted that petrol prices could hit N1,000 per litre following the collapse of the naira-for-crude deal between NNPC and Dangote.