Over the next five years, advanced refineries are set to make giant strides in energy efficiency and digitisation.

Nigeria has, for the first time, met the Organisation of Petroleum Exporting Countries’ (OPEC) crude oil production quota of 1.5 million barrels per day ...

HPCL-Mittal Energy (HMEL) signed two memorandums of understanding (MoUs) with global automation majors Emerson and AVEVA at ...

The agreements aim to expand HMEL’s digital technology adoption across its refinery and petrochemical process units, focusing ...

PBF Energy stock was down 10% on Thursday, hitting its lowest level in nearly three years earlier in the session after the ...

Nigeria’s crude oil production reached an average of 1.53 million barrels per day (bpd) in January, marking the first time the country has met the Organisation of Petroleum Exporting Countries (OPEC) ...

WTI Crude Oil is mixed amidst signs of easing Israel/Hamas tensions and ‘imminent’ Ukraine peace talks, though having recovered some losses as the dollar weakened following delays to Trump’s ...

Yesterday’s Settlement: 71.37, down -1.95 [-2.66%] WTI Crude Oil futures moved sharply lower yesterday on three core bearish catalysts including a ...

Pacific Future Energy has officially cancelled its proposal to build a 200,000-bpd refinery on the West Coast of Canada aimed at exporting refined petroleum products to Asia.

India, the world's No.2 importer of crude oil from Russia, wants to buy Russian oil only if it is supplied by companies and ...

MOL Group has produced a diesel fuel containing hydrotreated vegetable oil and sustainable aviation fuel at its refinery in ...

Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to ensure transparency and reflect the ...