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According to local media, the operation has been entrusted to a specialized Nigerian company and is part of an ambitious national strategy aimed at revitalizing the hydrocarbons sector and attracting...

Already targeted the day before, the Fujairah oil industrial zone, located on the UAE’s east coast, was struck again by a drone attack that caused a fire. This oil hub is essential for the country,...

“Faced with President Putin’s refusal to end this senseless war, the Treasury Department is imposing sanctions on the two largest oil companies financing the Kremlin’s war machine,” explained...

The goal of the program is to address Africa's persistent dependence on imported refined petroleum products, which account for $30 billion per year in oil import costs due to inadequate refining...

Founded in 1961, the African Refining Company (Société Africaine de Raffinage - SAR) had previously only processed imported oil. This marks the first time it has refined oil produced domestically. ...

4,503 new businesses mark a 3% decrease from the 4,655 companies formalized in the first quarter of 2023. Of the 4,503 companies launched, 3,810, or 85% of the total, were founded by Togolese nationa...