While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned ...

BPCL will enter into a long-term deal of 15-20 years for supply of crude oil for the new refinery, if Saudi Arabia agrees to ...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared ...

The potential for renewed war in Gaza, heightened U.S.-Israel cooperation, and Russia’s growing vulnerability in oil exports ...

The former US President Joe Biden administration’s focus on alternative energy and reducing reliance on fossil fuels over its ...

By K Raveendran OPEC+ is once again at the centre of a global energy crisis as it grapples with a new challenge pose ...

The oil sector will need substantial investments to reliably meet the expected growth in demand, with cumulative investment requirements estimated at $17.4 trillion between 2024 and 2050, or ...

The Dangote Petroleum refinery, the largest in Africa, could begin operating at full capacity of 650,000 barrels per day in ...

To replace Russian barrels that are hard to come by after last month's US sanctions on two Russian oil producers and about ...

Dangote Petroleum Refinery & Petrochemicals has announced a reduction in the gantry price of its diesel product by N55, from ...

Local oil refineries have decried the zero allocation of crude feedstock oil producers, which they say is leading them to ...