Marathon Petroleum reported stronger than expected first quarter results, highlighting solid profitability from its refining ...

MPC remains a beneficiary of surging crack spreads due to the Iran War, driving windfall profits and strong Q1 results. Read ...

NNPC has signed a new refinery rehabilitation deal with Chinese firms Sanjiang Chemical Company Limited and Xinganchen ...

His group has separately been planning to add a London listing for its building products unit, Lagos-listed Dangote Cement ...

Marathon Petroleum Corp. is a Buy due to 10x 2026 earnings, crack spread tailwinds, Hormuz windfall, strong cash & returns.

The US-Iran war has increased the need to reduce dependence on foreign supplies, Federal Minister for Petroleum Ali Pervaiz ...

A massive explosion at a Texas crude oil refinery shot up towering plumes of dark smoke and physically shook locals’ homes before they were ordered to shelter in place Monday. A loud boom resounded ...

The Dangote Group has dismissed viral claims suggesting a rift between its President, Aliko Dangote, and businessman Tony ...

The management of Dangote Petroleum Refinery has approved a "conditional pardon" for hundreds of engineers previously redeployed across its business units following disciplinary actions linked to ...

NECA has raised serious concerns over the MoU signed between NNPCL and Chinese firms over Port Harcourt and Warri refineries.

Dangote Refinery suspends petrol price hike, restoring rates to ₦1,275 per litre as falling crude prices stabilise Nigeria's ...