At the centre of this transformation is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and has already started reshaping West Africa’s fuel trade.

Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest ...

Rather than send a message about the past, Lavrov’s sweatshirt served as a reminder of the future playbook: bankrupt Russia, and President Trump using his “American Energy Dominance” agenda can do ...

Angola’s crude production slipped below 1 million barrels a day in July, marking the lowest level since March 2023. ・Angola's ...

Everyone in the energy business spends some time thinking about future oil prices. Up. Down. Flat. Regardless of the direction, price changes impact oilfield spending and activity. Given the ...

Chevron resumes importing Venezuelan crude to the U.S. as two tankers arrive, following a new license amid sanctions. The voyages highlight ongoing negotiations with PDVSA and are part of Chevron's ...

Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

GeoPark Ltd is an E&P energy company with a strong balance sheet, an expanding Latin American portfolio, and a high-yield quarterly dividend.

Fearnleys said charterers have been trying to slow the momentum of the largest crude tanker asset class by fixing ships under the radar as earnings have climbed and fixing dates for September’s Middle ...

Empire Petroleum struggles with high costs and unprofitability. The oil market outlook is deteriorating. See here for an in-depth analysis of EP stock.

"There is no guarantee that the settlement will happen soon after Alaska. Disruptions are not just possible — they are ...

Senator Heineken Lokpobiri, has assured that Nigeria remains fully committed to the rules of the Organisation of Petroleum Exporting Countries despite recent gains in crude oil output.Lokpobiri said ...