Scotland's only oil refinery has stopped processing crude oil at Grangemouth after a century of operations, its owner ...

PetroChina, the listed arm of state-owned China National Petroleum Corp., said Tuesday that its net profit rose 2.3% from a ...

The President of Dangote Group, Alhaji Aliko Dangote, says he is still fighting for the survival of his $20bn refinery, ...

The recent handling of Nigeria’s naira-for-crude oil sales to local refineries has brought long-standing gaps in the nation’s ...

Oil prices saw a small bounce after the EIA reported a draw in both crude and gasoline inventories, but remained stuck below $60 per barrel ...

Indian Oil Corp , the country's top refiner, reported a 50% jump in fourth-quarter profit on Wednesday, mostly helped by ...

Trump’s threat of “secondary sanctions” can be seen as an escalation against both Iran and China. It isn’t clear yet as to ...

U.S. President Donald Trump said all purchases of Iranian oil or petrochemical products must stop and any country or person ...

British oil giant BP on Tuesday posted slightly weaker-than-expected first-quarter net profit, following a recent strategic ...

Nigeria’s 2025 budget came under further pressure yesterday as the price of Bonny Light crude oil grade dropped to an average ...

Oil futures surged late in a choppy session as President Trump threatened secondary sanctions against any country buying Iranian oil or petrochemical products.

Crude oil and gasoline prices on Wednesday extended ... Wednesday’s weekly EIA report was mixed for crude and products. On the bearish side, EIA distillate inventories unexpectedly rose ...