Russian refineries are processing more crude oil in the hope of boosting fuel exports after the Biden administration imposed ...

The suspects were apprehended in Abia State for their involvement in crude oil theft, vandalism, and economic sabotage. A ...

As Russian discounts on crude fall to below $5 per barrel, the gross refining margins of India's public sector oil marketing ...

Libya plans to boost its oil refining capacity and production, while fellow OPEC member Kuwait also aims to significantly ...

DBS has a “buy” call on Seatrium and a target price of $3.

By Ikechukwu Nnochiri ABUJA–The Federal High Court sitting in Abuja, on Monday, deferred further proceedings on the suit that ...

Africa emerged as the top destination for India’s petroleum exports in December, while shipments to traditional importers in ...

Indian Oil Corp (IOC) , the country's top refiner, reported a smaller-than-expected third-quarter profit on Monday, hurt by lower marketing margins and losses in its liquefied petroleum gas (LPG) ...

Learn more about whether Imperial Oil Limited or MPLX LP is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.

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

The oil company, through its lawyer, Ogwu Onoja, SAN, prayed the court to nullify import licences issued by NMDPRA to the NNPCL and the five other companies for the purpose of importing refined ...

Wall Street is bracing for a sharp decline in U.S. oil refiners' fourth-quarter profits as fuel demand softened, while ...