The Federal Government is considering adding a fresh liability of $2.2 billion to the existing debt overhang as part of its plans to fund ...

Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), has called upon Nigerians to seek divine intervention in light of ...

The project will not only offer buyers a tantalising piece of untouched coastline but provide enough new housing to finally ...

Private Chinese oil refinery Landbridge Petrochemical Co. has made a rare purchase of a shipment of West African oil instead ...

For decades, Nigeria has relied on imports to meet fuel demand, spending about $15 billion annually. Now, new alliances aim ...

Irving Oil gives back to the communities it serves by investing in initiatives to help people in need. Since 2002, its Fuel ...

With an aim to enhance Bangladesh's oil refining capacity, the interim government is actively seeking a foreign partner for establishing a second unit of Eastern Refinery Limited (ERL), the country's ...

The Malinauskas Labor Government has secured agreement to support the transformation of the former oil refinery site at Port Stanvac, delivering much ...

The volume of Premium Motor Spirit (petrol) imported into Nigeria surged in October, a report by the Organisation of the ...

NMDPRA approves additional 3.5 billion litres for December There has been a rise in petrol importation by marketers in ...

Declines in U.S. refinery capacity are expected to slow the decrease in refining margins. Refinery margins or crack spreads, ...