Malaysia is said to follow a “buy cheap, sell high” strategy in the global oil trade. But what exactly is bought cheaply and sold at higher prices? This article explains.

The Dangote Petroleum Refinery says the recent N100 increase in its petrol ex-depot price was driven by rising global crude ...

When oil infrastructure burns, the damage doesn't stop at the battlefield — here's what the science and history tell us.

The Dangote Petroleum Refinery has accused Nigerian upstream oil producers of failing to supply crude oil to the facility as required under the country’s petroleum law, forcing ...

Despite being the world’s largest oil producer, the United States is facing rising gasoline prices as Middle East tensions ...

Saudi Arabia has shut down operations at the Ras Tanura oil refinery after it was struck by Iranian Shahed-136 drones. The ...

Bahrain’s state oil company, BAPCO, has declared force majeure for its shipments after an Iranian attack on its major refinery caused a massive fire.

Nigeria’s largest private refinery, the Dangote Petroleum Refinery, has assured Nigerians that there will be enough fuel in the country despite the ...

Energy experts in Nigeria’s downstream petroleum sector have defended the pricing structure of the Dangote Petroleum Refinery, accusing some fuel ...

Ever wondered what fuel large ships use to travel across oceans for weeks? Most commercial vessels rely on Heavy Fuel Oil ...

The Centre for the Promotion of Private Enterprise (CPPE) has explained that having domestic refineries in Nigeria cannot fully protect the country from changes in global fuel prices. In a statement ...

Nigeria’s largest privately owned refinery, the Dangote Petroleum Refinery, has reassured Nigerians that it will prioritise the domestic supply of refined ...