Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), has reiterated the Federal Government’s commitment towards ensuring quality control and availability of petroleum products ...

After such a sleepy period from October to December, the crude market has come alive. That’s what Chris Weston, Head of ...

Learn how crude oil is taken from the ground and turned into useful products like petrol. See the step-by-step process of ...

Early trading has seen more gains for commodity prices, lifting gold to its highest level since mid-December. ​The spot gold ...

Reacting to the development, operators in the sector called on the oil company to ensure that crude is made available to ... Secretary of the Petroleum Products Retail Outlet Owners Association ...

It is considered ‘light’ and ‘sweet’ because of its high gravity and low sulfur content, making it easier to refine into gasoline and other high-value products. Brent Crude Oil serves as a ...

From everyday essentials to luxuries and major purchases, tariffs promised by incoming President Donald Trump could have wide ...

The shadow fleet in fact isn't all that shadowy. The ships don't hide their stops at Russian oil terminals. Some have direct connections to Russia.

More than 50% of crude oil imported to the U.S. comes ... would likely trickle down to consumers through products made from the refining of oil. The most obvious impact would likely be at the ...

The chairman, Technical Sub-Committee on the implementation of the federal government’s policy on domestic sales of crude oil and refined products ... that has made this initiative a success.