Scott Bessent was a man on a mission. At one of global finance’s biggest jamborees in Beverly Hills, he told rainmakers that behind the White House’s tariff blitz was a well-thought- out plan.

Africa’s richest man Aliko Dangote yesterday described the board and management team of the Nigerian National Petroleum Company Limited (NNPCL) as formidable enough to take the firm to a greater ...

Ramon Ang-led Petron Corporation will proceed cautiously this year, even as the company’s net income edged higher in the ...

WASHINGTON (Reuters) -U.S. President Donald Trump's administration on Thursday imposed sanctions on a third Chinese ...

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...

The Tüpraş workers must take matters into their own hands by forming rank-and-file committees to take their struggle forward, ...

A CMB.Tech suezmax tanker has shipped in the first cargo of domestic Egina crude to Nigeria’s huge new Dangote refinery.

Global oil refineries’ strong profit margins signal healthy oil consumption today, a stark contrast with the grim long-term ...

A Greek suezmax tanker has imported Ghana’s first Angolan crude. Tracking data showed the 165,000-dwt Nicolaos (built 2010), ...

Recent U.S. sanctions on two small Chinese refiners for buying Iranian oil have created difficulties receiving crude and led ...

From 2017 to 2022, Wyoming’s overall oil refining capacity shrank by 27% — from 177,500 barrels per day to 125,850, according to the U.S. Energy Information Administration. The state went from ...

"While gasoline inventories have been tightening due to ongoing refinery maintenance — which has limited how much gas prices have fallen in response to lower oil — refinery output is expected ...