Access to crude oil by domestic refiners, including modular refineries, has remained at a relatively zero level despite the ...

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 ...

Oil producers face accusations of diverting 500,000 barrels of crude oil daily, meant for domestic refineries, hindering ...

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

The Nigerian Navy said that the ongoing Operation DELTA SANITY II has recorded great successes against crude oil theft as ...

Meanwhile, the IOCL is progressing with key refinery expansion projects. the company anticipates commencing operations at its ...

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

BP Plc plans to sell oil refining and chemical assets in Germany, as the company scales back operations in the country due to ...

BP on Thursday said BP Europa SE will seek potential buyers for its German refinery assets. BP in March 2024 announced its ...

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

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 ...

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 ...