Domestic LPG prices are regulated to shield consumers from the volatility of global markets. These controlled prices are ...

UAE Oil Minister Suhail Al Mazrouei emphasized OPEC+’s deep market knowledge and defended its strategy, saying others had benefited from the group’s restraint. Crescent Petroleum CEO Majid Jafar was ...

India is close to discovering a Guyana-scale oil field in the Andaman sea, Minister of Petroleum & Natural Gas Hardeep Singh ...

The Odisha government formed a task force to ensure smooth movement of fuel tankers and goods vehicles as the state is staring at a possible fuel crisis with the strike by drivers entering its third ...

The government is likely to provide Rs 30,000-35,000 crore in subsidies to IOC, BPCL, and HPCL to offset losses incurred from ...

The Indian government plans to subsidize state-run oil companies with Rs 30,000-35,000 crore due to the losses from selling ...

Dangote Industries Limited says it expects its 650,000-barrel-per-day refinery to be fully supplied with crude oil from Nigerian producers by the end of 2025 -- a major step towards cutting dependence ...

Backbone Infrastructure will build a $15 billion refinery in Nigeria's Ondo State, with a capacity of 500,000 barrels per day. This facility will be the country's second largest, trailing only the ...

Dangote refinery will use only Nigerian crude by end-2025 as export contracts expire • In June, 53% of crude was locally sourced; past reliance on imports was due to supply issues • Shift aims to cut ...

U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his ...

Nigeria’s Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline ...

The UAE’s Energy Minister Suhail Al Mazrouei has reiterated the country’s full support for OPEC+ decisions, according to ...