Its refining sector is facing stiff competition from newer ... which now account for over 80% of Japan’s oil imports. With ...

Norway's Mongstad oil refinery has been shut following a power outage and a small gas leak at the facility, a spokesperson for operator Equinor said on Thursday, adding that there were no injuries.

Dangote has described his $20bn refinery as Tinubu’s brainchild, linking it to Lekki Zone creation and naira-for-crude policy ...

Irving Oil has announced a $100-million modernization project at its Saint John refinery. The work will focus on its Fluid ...

India's crude oil imports in May reflect strategic sourcing decisions driven by refining economics and operational margins.

The Association of Nigerian Refineries Petroleum Marketers (ANRPM) has urged the Federal Government to declare a presidential ...

The Major Energies Marketers Association of Nigeria (MEMAN) has said petrol landing cost for June 2025 could hit N950 per ...

A key data release may underline how the US oil industry is reining in production growth in response to lower prices.

MIT engineers have developed a novel membrane-based method for separating crude oil components that could reduce the energy ...

Crude oil outlook weakens as OPEC supply rises and gasoline demand slips despite summer driving season and a bullish U.S.

The U.S. produces more oil than almost any country on Earth—so why are we still importing millions of barrels every month?