Shell expects lower refining margins and a loss in its chemicals business to weigh on its third-quarter earnings, which could be offset or partly offset by higher LNG production volumes.

LONDON (Reuters) -Shell's refining profit margins dropped by nearly 30% in the third quarter from the previous three months as global demand sagged, while oil product trading earnings also ...

A consortium of investors from South Korea has concluded plans to build four 100,000-barrel capacity refineries in various locations in Nigeria, the Federal Government announced on Tuesday.

LONDON, Oct 7 (Reuters) - Shell's (SHEL.L), opens new tab refining profit margins dropped by nearly 30% in the third quarter from the previous three months as global demand sagged, while oil ...

Most mining for platinum happens deep underground and the ores are extracted with heavy machinery. Machines play a key part in processing and refining the platinum that we see on the market as ...

The Nigerian Navy said its troops of Operation DELTA SANITY have discovered and deactivated an illegal refining site with one cooking tank, one storage tank and one dug-out pit laden with an ...

Addressing Nigeria’s potential as a refining hub, Dangote expressed concern that, despite producing over 3.4 million barrels of crude oil per day, Africa imports around 3 million barrels of ...

The Nigerian government has announced that a consortium of investors from South Korea has set up machinery to build four 100,000-barrel capacity refineries in the country. The Minister of State ...

Nigeria must enhance its crude oil production capacity and effectively manage its crude supply to ensure adequate feedstock for domestic refineries in order to transit from a net importer to a net ...

Also, following the promise by the government, three more refineries are getting set to start the production of Premium Motor Spirit, otherwise known as petrol, it was gathered on Sunday.

LTA Autecon, formerly known as Grinaker-LTA Mechanical & Electrical, has recently redefined its distinct identity and ...