Scott Bessent was a man on a mission. At one of global finance’s biggest jamborees in Beverly Hills, he told rainmakers that behind the White House’s tariff blitz was a well-thought- out plan.

Africa’s richest man Aliko Dangote yesterday described the board and management team of the Nigerian National Petroleum Company Limited (NNPCL) as formidable enough to take the firm to a greater ...

Ramon Ang-led Petron Corporation will proceed cautiously this year, even as the company’s net income edged higher in the ...

A CMB.Tech suezmax tanker has shipped in the first cargo of domestic Egina crude to Nigeria’s huge new Dangote refinery.

WASHINGTON (Reuters) -U.S. President Donald Trump's administration on Thursday imposed sanctions on a third Chinese ...

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...

Global oil refineries’ strong profit margins signal healthy oil consumption today, a stark contrast with the grim long-term ...

A Greek suezmax tanker has imported Ghana’s first Angolan crude. Tracking data showed the 165,000-dwt Nicolaos (built 2010), ...

Recent U.S. sanctions on two small Chinese refiners for buying Iranian oil have created difficulties receiving crude and led ...

A coalition of 15 states is suing over President Donald Trump’s efforts to fast-track energy-related projects, saying the administration is bypassing environmental protection laws and ...

From 2017 to 2022, Wyoming’s overall oil refining capacity shrank by 27% — from 177,500 barrels per day to 125,850, according to the U.S. Energy Information Administration. The state went from ...

"While gasoline inventories have been tightening due to ongoing refinery maintenance — which has limited how much gas prices have fallen in response to lower oil — refinery output is expected ...