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

68 per cent of people wanted the country’s demand to be produced domestically rather than imported from abroad ...

Ever wondered how gasoline is made? In this video, we take you through the entire process of transforming crude oil into the ...

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

HOUSTON (Reuters) - Venezuela-owned refiner Citgo Petroleum registered an $82 million net loss in the first quarter, compared ...

Despite slumping oil prices, global refiners are turning in strong first-quarter earnings, thanks to a sharp rebound in ...

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

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

Elon Musk has installed 35 methane gas turbines that power his AI supercomputers in South Memphis, Tennessee, and it is ...

Crude futures picked up from the previous day’s losses, helped in part by major Permian producer Diamondback Energy’s CEO warning shareholders that the company expects activity to slow and production ...

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

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...