Aliko Dangote has explained plans to invest in Namibia amid his company's ongoing plans to expand into other African ...

As of May, oil from the Middle East accounted for 62 percent of Korea’s crude oil imports — or 59.23 million barrels out of a ...

As South Africa grapples with an increasing dependence on fuel imports, the National Petroleum Refiners of South Africa (NATREF) refinery in Sasolburg has raised alarm bells over its future ...

By Larry Claasen SOUTH Africa launched the South African National Petroleum Company (SANPC), merging three state entities to ...

Mineral and Petroleum Resources Minister Gwede Mantashe has indicated that he wants the newly launched South African National ...

South Africa has launched a new integrated state oil company, replacing three separate entities in an effort to create what it hopes will be a "financially sustainable national energy champion ...

Nigeria has sold over a trillion naira worth of crude to several African countries, even as Dangote Refinery still imports.

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may ...

China is closely watching whether Israel and Iran can broker a ceasefire. Beijing gets much of its crude oil imports from ...

MRS Oil Nigeria Plc, a key distributor of Dangote Refinery’s petroleum products, has announced a significant hike in the pump ...