The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised serious concerns, alleging that oil ...

Oil producers face accusations of diverting 500,000 barrels of crude oil daily, meant for domestic refineries, hindering ...

After days of trying to process what tariffs on Canadian and Mexican oil might mean for their business, U.S. refiners saw ...

The Nigerian Upstream Petroleum Regulatory Commission has directed exploration and production companies to strictly adhere to the Crude Oil Supply Obligations for local refineries.The commission also ...

Ukraine's escalating drone attacks target Russian oil refineries and infrastructure, disrupting energy production and ...

Modernisation of the Tema Oil Refinery (TOR), development of a national pipeline network and reassessment of taxation policies that contribute to high fuel costs are the top issues which must be ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

The Volgograd refinery — one of the biggest oil-processing facilities in Russia — produces almost 300,000 barrels a day.

STV News understands that of about 500 staff, some 65 are due to be kept on to work at the new terminal operation.

BP on Thursday said BP Europa SE will seek potential buyers for its German refinery assets. BP in March 2024 announced its ...

President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as ...

Canadian oil producers would absorb most of the cost of U.S. tariffs, while a smaller share of the added cost would be passed on to U.S. consumers. Marathon Petroleum Chief Executive Maryann Mannen ...