New US tariffs on imports from Canada and Mexico threaten to further weaken US refiners already facing declining margins.

US refiners in the Midwest are unlikely to reduce imports from Canada as the limited substitutability of Canadian crude with ...

U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

Nigeria's upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet ...

Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned that it will henceforth deny export permits for ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned oil production companies to strictly adhere to crude ...

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

Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, after lower crude prices offset the ...

MOSCOW (Reuters) - Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude ...

By Obas Esiedesa, Abuja Following the inability of oil companies to meet the demand for crude oil by local refineries, the ...