Hedge fund Elliott Management and a creditor group led by Centerview Partners are emerging as potential new owners for Citgo Petroleum in a court-ordered auction. The auction is expected to …
refinery
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Brazil’s state-run oil company Petrobras has reached an agreement with Abu Dhabi’s sovereign investor Mubadala to take back control of a refinery in Bahia, while also partnering with the fund …
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The long-running dispute between Libya’s state-owned National Oil Corporation (NOC) and the United Arab Emirates-based Trasta Energy over the Ras Lanuf oil refinery is set to resume before an arbitration …
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Nigeria is on the verge of becoming a major player in the global oil market as the Dangote refinery, the largest single-train refinery in the world prepares to start operations …
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Astron Energy, formerly known as Caltex, has unveiled its new brand identity and vision to become a leading African energy company. The company, which has a history of more than …