Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials ...

The pricing of refined petroleum products at the Dangote Petroleum Refinery has been identified as one of the incentives to ...

Nigeria retained its position as the largest crude oil producer in Africa despite a decline in the country's output in March, ...

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Nigeria’s fiscal stability is under pressure as crude oil production plummeted to its lowest level yet in 2025, raising the ...

Oil accounts for about 90% of Nigeria's exports, and crude earnings were set to fund 56% of this year's budget. Nigeria’s revenue from crude oil is currently being threatened, as one of its importers, ...

The government needs to implement a policy to ensure all intending exporters are made ready through export readiness assessments and capacity-building programmes to bridge the gaps in their operations ...

A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could ...

Tupras is the largest refiner in Turkey with two refineries at Izmit and Izmir, which have a combined crude processing capacity of 467,300 bpd, according to LSEG data.

AMID the turmoil in the global oil market caused by President Donald Trump’s extensive tariffs and the subsequent trade war, ...

Nigeria's crude oil earnings may be under threat as the aggressive trade tariff policies of the United States disrupt ...