OPEC says oil prices rebounded strongly in June following months of pressure from seasonal demand lulls and growing refinery ...

The President of the Dangote Group, Aliko Dangote, has announced plans to reduce the soaring price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, in the country. Naija News reports ...

The oil market barely reacted to Trump's assertion on Tuesday, with Brent trading around $69 per barrel, similar to levels ...

Recent conversations triggered by the Bayo Ojulari-led NNPC management on the potential privatisation of Nigeria’s three state-owned refineries are not only ...

When a project like the rail line has significant environmental impacts, NEPA requires a “detailed statement” that discusses the project’s negative environmental effects and reasonable alternatives.

China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years ...

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has urged wealthy Nigerians to invest in Nigeria, ...

Ondo State Government has said that the state is on the verge of signing a Memorandum of Understanding (MoU) with a firm to construct a 500bpd oil refinery, a free trade zone, as well as other ...

President of the Dangote Group, Alhaji Aliko Dangote, has announced plans to reduce the price of Liquefied Petroleum Gas, also known as cooking gas. He also promised to start direct sales of the ...

In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...

The U.S. Department of Energy has authorized an emergency exchange from the Strategic Petroleum Reserve with ExxonMobil Corporation to address "logistical challenges" impacting crude oil deliveries ...

The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ...