News

Scotland's only oil refinery has stopped processing crude oil at Grangemouth after a century of operations, its owner ...
A continued shortfall in crude oil supply to domestic refiners has kept the capacity utilisation of refineries at just 57.8 per cent, leaving over 42 per cent of Nigeria’s installed refining capacity ...
East China-based independent refiner Hongrun Petrochemical plans to restart its recently-acquired Changyi Petrochemical site as early as this month, four trade sources said on Friday. Hongrun has ...
Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent ...
Oil prices reportedly dropped Monday in a trend an analyst said could contribute to lower gas prices.The price for a crude ...
During the first quarter (1Q) of 2025, crude oil prices generally decreased while U.S. refinery margins initially increased ...
Petroineos, which runs the refinery, notified staff by email that all oil refining work had ended.
Oil prices have risen this week as markets anticipate potential progress in upcoming US-China trade talks aimed at easing ...
U.S. President Donald Trump's administration on Thursday imposed sanctions on a third Chinese independent, or "teapot" oil ...
A CMB.Tech suezmax tanker has shipped in the first cargo of domestic Egina crude to Nigeria’s huge new Dangote refinery.
The nations agreed last month to collaborate on the two plants, as the largest oil exporter seeks to tap a massive market ...
East China-based independent refiner Hongrun Petrochemical plans to restart its recently-acquired Changyi Petrochemical site as early as this month.