The group described the situation in the downstream sector as akin to a cabal prioritising profit over the country’s ...

Three oil marketers in the country, AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited, have requested the Federal High Court in Abuja to dismiss a suit filed by Dangote ...

Matrix Petroleum Services Limited, A.A. Rano Limited, and AYM Shafa Limited—have asked the Federal High Court in Abuja ...

Three major oil marketers have told the Federal High Court in Abuja that the planned monopoly of the energy sector by Dangote ...

Cleaned-up crude tankers are pushing Torm to lower its 2024 guidance. The Danish product tanker owner revised its full-year time charter equivalent earnings projection to between $1.11bn to $1.16bn ...

Independent oil refiner and marketer Marathon Petroleum Corporation MPC reported third-quarter adjusted earnings per share of ...

Q3 2024 Earnings Call Transcript November 5, 2024 Marathon Petroleum Corporation beats earnings expectations. Reported EPS is $1.87, expectations were $0.98. Operator: Welcome to the MPC Third Quarter ...

South Africa’s Department of Mineral Resources and Energy announces a fuel price increase, raising concerns among consumers ...

Investing.com-- Oil prices fell Wednesday, weighed by a surge in the dollar after Republican Donald Trump was elected ...

U.S. crude oil inventories rose last week as imports grew, and stocks of gasoline and distillate fuels increased with refineries raising their capacity use.

Trump’s second term is poised to either bring substantial shifts in US policy or reinforce continuity — both alternatives carrying far-reaching implications for global oil markets in 2025.

Trump has long been seen as skeptical of the benefits and economic returns associated with green energy. In 2017, he announced that the US would pull out of the Paris climate agreement, although the ...