Former Niger Delta militant leader and Chief Executive Officer of Tantita Security Services Limited, Government Ekpemupolo, popularly known as Tompolo, has accused the Nigerian Navy of complicity in oil theft…
Refinery
An oil refinery is an industrial facility that processes crude oil into valuable petroleum products, such as gasoline, diesel, and jet fuel. It employs complex chemical processes to separate, purify, and convert hydrocarbons for various applications in energy and manufacturing.
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IRPC Oil Company Limited has reaffirmed its dedication to ethical business practices by renewing its membership in the Thai Private Sector Collective Action Against Corruption (CAC). On November 11, 2024,…
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Crude oil prices rose on Wednesday, driven by growing demand signals from China and heightened geopolitical tensions following the latest escalation in the Russia-Ukraine conflict. Brent crude was trading at…
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Nigeria’s Dangote Refinery, owned by Africa’s wealthiest man, Aliko Dangote, has commenced the export of refined petroleum products to neighboring West African countries, marking a significant milestone for the country’s…
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Nigerians, grappling with the fallout from a recent fuel price hike by the Nigerian National Petroleum Company (NNPC) Limited, are beginning to see signs of relief. A gradual reduction in…
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Almost five years after BP launched an ambitious strategy to transform from an oil giant to a low-carbon energy leader, the British company is reversing course. With its share price…
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The Dangote Petroleum Refinery has reached an agreement to supply 60 million litres of Premium Motor Spirit (PMS) weekly to members of the Independent Petroleum Marketers Association of Nigeria (IPMAN),…
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The MSGBC Oil, Gas & Power conference, West Africa’s premier event focused on advancing the energy sectors of Mauritania, Senegal, The Gambia, Guinea-Bissau, and Guinea-Conakry, has been rescheduled to 2025.…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached a significant agreement with Dangote Refinery to directly procure petroleum products, marking a key step toward ensuring a stable and…
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Australia’s second-largest independent oil firm, Santos, is facing a lawsuit from the Australasian Centre for Corporate Responsibility (ACCR), accused of misleading consumers about its decarbonization goals. This case marks a…