Petrol marketers have made a strong accusation to the Nigerian oil-producing companies about the diversion of 500,000bpd of ...

U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...

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

U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...

BP plans to sell its BP Gelsenkirchen refining site in Germany, it announced on Thursday, as CEO Murray Auchincloss pushes on ...

The Federal Government has banned the export of crude oil meant to meet the needs of domestic refineries in the country, ...

Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

African Refinery Group (ARG), a midstream oil and gas company in Nigeria, has commenced the revamping of the Bonny Export ...

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...

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

Saudi Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to ...