US weekly ethanol production fell by 84,000 barrels per day to 1.015 million bpd in the week to Friday January 24, according to data published by the...

US weekly ethanol production rose by 97,000 barrels per day to 1.11 million bpd in the week to Friday January 31, according to data published by the...

By Charles Ellinas The US Energy Information Administration has just published new forecasts for oil production, consumption and prices to the end of...

HOUSTON, Jan. 30 (Xinhua) -- Working gas storage in the contiguous United States was 2,571 billion cubic feet in the week ending Jan. 24, a net...

Judith Phiri, Business Reporter THE Reserve Bank of Zimbabwe (RBZ) has said the total holdings of gold and foreign currency reserves have increased...

Olu Verheijen, the Special Adviser on Energy to Nigeria’s President Bola Tinubu, has revealed that Africa’s largest oil producer plans to increase...

By Zineb Riboua Saudi Arabia Threatens China’s Congo Stranglehold The Democratic Republic of Congo (DRC), home to 80 percent of the world’s...

Iran faced many challenges in 2024: Regional Setbacks: Iran's influence in the Middle East suffered major blows. Israel attacked its embassy in...

  There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sell refined products...

 The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States.The refinery resorted to crude importation...