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oil refinery

  • In the NewsOil & Gas

    Nigeria’s Oil Dominance Persists as Crude Drives $45 Billion Export Windfall

    by Oluwatosin Racheal Alabi August 3, 2025
    by Oluwatosin Racheal Alabi August 3, 2025

    KEY POINTS Petroleum remains king in Nigeria’s export economy, commanding a lion’s share of its foreign trade earnings and reinforcing the West African nation’s position among the world’s major oil …

  • Oil & Gas

    Libya Shuts Down Oil Pipeline After Leak Near Zawiya Refinery

    by Adedotun Oyeniyi May 27, 2025
    by Adedotun Oyeniyi May 27, 2025

    KEY POINTS Libya’s National Oil Corporation (NOC) has confirmed the shutdown of a major pipeline south of the coastal city of Zawiya following a significant oil leak, prompting immediate concerns …

  • Energy Transition

    Namibia and Botswana Forge Energy Alliance with New Oil Refinery to Curb Import Reliance

    by Adedotun Oyeniyi May 20, 2025
    by Adedotun Oyeniyi May 20, 2025

    KEY POINTS Southern Africa is poised to bolster its energy independence as Namibia and Botswana advance plans for a jointly owned oil refinery, a landmark project aimed at reducing reliance …

  • In the News

    Citgo Auction Heats Up: Bidders Get Second Chance to Raise Offers

    by Victor Adetimilehin June 13, 2024
    by Victor Adetimilehin June 13, 2024

    The fight to acquire Citgo Petroleum, the seventh-largest oil refiner in the United States, has intensified. A court overseeing the auction of shares in Citgo’s parent company, Venezuela’s PDVSA, is …

  • In the News

    Citgo’s Texas Refinery Draws Interest Ahead of Court Auction

    by Victor Adetimilehin June 6, 2024
    by Victor Adetimilehin June 6, 2024

    Citgo’s Corpus Christi refinery, previously considered the least profitable, is now a hot ticket due to its location and potential for growth. The deadline for bids in the court-ordered auction …

  • In the NewsOil & Gas

    Uganda’s Oil Refinery Project Gets a Boost from UAE Investor

    by Motoni Olodun January 29, 2024
    by Motoni Olodun January 29, 2024

    Uganda has announced a new partner for its long-delayed oil refinery project, a United Arab Emirates (UAE) firm with no prior experience in the sector. The government hopes that the …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Egypt Hikes Fuel Prices Again, Freezes Further Increases for a Year
Italian Court Upholds Conviction of Milan Prosecutors in Eni–Nigeria Corruption Case

Latest Stories

Egypt Hikes Fuel Prices Again, Freezes Further Increases for...
Italian Court Upholds Conviction of Milan Prosecutors in Eni–Nigeria...
CNPC Keeps Niger Oil Exports Flowing Amid Tensions Over...

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