Nomura estimated the excise duty reduction could have a fiscal impact of about ₹1.65 lakh crore, or roughly 0.45% of GDP. It ...

I ndian refiners have long benefited from geopolitical flexibility. While much of the world shunned Russia’s oil after it ...

Officials of the Dangote Petroleum Refinery are unaware of claims that seven crude cargoes have been allocated to it in May by the Nigerian National Petroleum Company Limited, The PUNCH reports.Senior ...

The transaction is intended to support DPRPas a supplier of refined petroleum products both within Africa and internationally ...

Africa is running low on fuel. The US-Israel-Iran war has sent fuel prices skyrocketing. Are African countries doing enough to calm the fuel market?

· Aliko: Move positions our business for next phase of growth·Bank committed $15bn to Dangote Group since 2015, says board chair·Cairo-based lender raises $2bn to refinance existing facilities in its ...

Indian Oil Corporation reported record refining and pipeline throughput in FY26, with petroleum product sales crossing 104 ...

Fire Breaks Out at Kuwait’s Mina Al-Ahmadi Refinery After Drone Attack on Key Oil Hub ...

The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion syndicated term loan for Dangote Petroleum Refinery and Petrochemicals FZE (DPRP), marking one of the largest ...

Brazil PPI falls 0.25% in Feb, extending factory gate deflation. Food, fuel, chemicals drag prices; metals, machinery show ...

A court ordered sale of CITGO is being held up by the Treasury Department amid an effort by the Venezuelan government to ...

Chevron has filed a motion in a California US District Court to dismiss a lawsuit against the oil and petroleum giant that ...