At the same time, the New York Times reported, Minerals and Petroleum Minister Gwede Mantashe would be asked to hand over ...

BEIJING/SINGORE -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, ...

Limited has hinted that it may sell off the nation’s ageing refineries, as efforts to revamp them have become more complex ...

ULSD futures were seeing strong gains following two days of declines that saw contracts cut by nearly 6cts/gal. The August ULSD contract was ahead 5.46cts to $2.4381/gal, a gain of about 2.3%. The ...

The Department of Interior (DOI) is proposing to reopen up to 82%of the 23-million-acre National Petroleum Reserve in Alaska ...

MOTORISTS may need to brace for higher fuel prices next week as global oil markets react to stronger demand and renewed ...

Motorists should brace for an increase at the pumps next week, with price adjustments expected to surge past P1 per liter.

Regardless of the vehicles they are using, business establishments should ensure that persons with disabilities (PWD) and ...

The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

Diesel output from BPCL's Bina refinery will be affected during the maintenance turnaround, but gasoline production will continue through its secondary unit.

The Group Chief Executive Officer of Nigerian National Petroleum Company, Bayo Ojulari, has said the technologies brought in ...