Nigerian crude oil refinery owners have tackled international oil companies and producers for zero crude allocation. This comes as the Nigerian Upstream Petroleum Regulatory Commission banned the ...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised serious concerns, alleging that oil ...

Access to crude oil by domestic refiners, including modular refineries, has remained at a relatively zero level despite the rise in Nigeria’s oil output to over 1.4 million barrels per day, The PUNCH ...

Bahrain is a vital country in the development of oil across the Arabian Gulf. The country was home to the first oil well ...

After days of trying to process what tariffs on Canadian and Mexican oil might mean for their business, U.S. refiners saw ...

In Brent crude oil’s instance, these reserves are under the seafloor, while WTI crude oil is extracted from reserves located under dry land. That’s the first component of oil prices — the extraction ...

Trump on Thursday repeated a pledge to boost US oil production in order to lower commodity prices, saying the country will produce more oil than anyone has ever seen before ...

Ukraine's escalating drone attacks target Russian oil refineries and infrastructure, disrupting energy production and ...

EnergyICE Brent started the week on a soft note as weaker economic data from China weighed on sentiment, with COVID-related lockdowns slowing economic activity and crude oil demand. Meanwhile ...

When the price of crude oil increases, the cost of producing ... These costs may vary depending on the efficiency of the refining process and the distance between the refinery and the markets ...

expand Port Harcourt refinery’s crude oil import and export operational capacity, create additional revenue streams for NNPCL and prevent economic loss to the nation. African Refinery Group said ...