Marketers of petroleum products have expressed scepticism over a plan by international oil companies to sell crude oil to Dangote and other local refineries in naira.The PUNCH reliably gathered that ...

We do not know who or what to commend or blame for the un­steady price of Pre­mium Motor Spirit (petrol) sold by Dangote Refinery, Nigerian National Petroleum Company Limited and others. Well, except ...

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

Brazil’s government has approved joining OPEC+, a group of major oil-exporting nations. The move, just nine months ahead of ...

U.S. President Donald Trump said on Tuesday he may not let Venezuela export oil and petroleum products via companies like ...

U.S. crude oil and gasoline stockpiles were expected to have risen last week, while distillate inventories likely fell, a preliminary Reuters poll showed on Tuesday.

President Luiz Inácio Lula da Silva began his third term in 2023 touting himself as an environmental defender, and has worked ...

Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian ...

The drone strike on Russian oil infrastructure comes as U.S. and Russian officials met in Saudi Arabia Tuesday for talks that are widely seen as the start of negotiations aimed at ending Russia's war ...

PDBC provides diversified commodity exposure with no K-1 forms, a 4.3% yield, and opportunities to capitalize on 2025 market ...

By Scout Nelson North Dakota Governor Kelly Armstrong has issued an executive order waiving hours of service requirements for ...