The Nigerian National Petroleum Company Limited (NNPCL) on Thursday legally blocked Dangote Petroleum Refinery and Petrochemicals FZE from amending its ...

The Bureau of Public Enterprises had reported that the Warri refinery had never achieved full capacity utilisation, and after years of decline and shutdown in 2015 due to disrepair and crude shortages ...

The Andrew Holness administration is yet to make a decision on the future of the state-owned oil refinery Petrojam. A committee headed by businessman Chris Zacca examined the refinery and recommended ...

The oil major also announced a $3.5 billion share buyback for the current quarter, making this the 13th consecutive quarter of at least $3 billion of share repurchases ...

Answering questions, Rosen Zhelyazkov stressed that the Bulgarian government cannot interfere with the plans for the sale of the refinery and the mechanisms for its purchase and sale, but can ban the ...

SOFIA, January 30. /TASS/. Seven companies are bidding to buy Russian oil giant Lukoil’s oil refinery in Bulgaria, the country’s Prime Minister Rosen Zhelyazkov said at a hearing in parliament. The ...

Despite lower refining margins and an expected profit slump, Valero Energy Corporation beat analyst estimates for its fourth-quarter earnings, thanks to its renewable diesel division and resilient ...

In December, Ukrainian drones targeted oil depots and refineries in Smolensk, Oryol, Bryansk and Rostov — an area that had previously been targeted in July. The General Staff of Ukraine’s Armed Forces ...

A VLCC owned by George Procopiou’s Dynacom Tankers Management has become the first ship to load crude in Cameroon to feed ...

U.S. oil majors ExxonMobil (XOM) and Chevron (CVX) are expected to report a double-digit decline in profit amid falling energy prices, when they announce Q4 res ...

A Ukrainian drone attack has forced the Novoshakhtinsk oil refinery in Russia’s Rostov region to halt operations.

Crude oil futures test critical support as rising U.S. inventories and tariff threats weigh on sentiment. Will OPEC+ intervene? Market insights inside.