Africa’s billionaire class is witnessing a surge, with collective wealth soaring to $105 billion, up from $82.4 billion last ...

March 29 (Reuters) - Uganda on Saturday signed an oil refinery agreement with UAE-based Alpha MBM Investments for a 60% stake in crude oil refinery in Kabaale, Hoima District, President Yoweri ...

The Benicia City Council on Tuesday unanimously approved an ordinance to increase oversight of refineries and other “high ...

The government of Uganda has entered an agreement with Alpha MBM Investments to advance development and construction of the country’s long-planned but delayed first crude oil refinery at Kabaale ...

Oil will likely fall to the low $60-a-barrel range — levels last seen in 2021 — as markets remain oversupplied, Macquarie ...

Nigerian President Bola Ahmed Tinubu has appointed Bayo Ojulari, a former Shell executive, to head the state-owned oil firm ...

Nigerian President Bola Tinubu hired the former head of a unit of Shell Plc to run the state oil company, as Africa’s biggest ...

Today, I witnessed the signing of a historic oil refinery implementation agreement between Uganda and Alpha MBM Investments LLC, a company based in the UAE. This agreement will see the ...

The region boasts of at least 4.7 billion barrels of recoverable crude oil reserves but crude in its ... This highlights the critical need for robust refining capacity and value-addition to ...

Months after Bay Area regulators handed a record-setting fine for pollution violations to oil giant Valero Refining Co.’s Benicia facility, city leaders voted to establish stronger oversight over ...

Troops of the 6 Division, Nigerian Army, have arrested 39 suspected oil thieves and destroyed 18 illegal refining sites in a sustained crackdown against crude oil theft and related crimes in the ...

India, the world’s third-biggest oil consumer and importer, wants to become a global refining hub as Western companies cut crude processing capacity in their shift to cleaner fuels. Aramco is in ...