Chinese state-controlled refining giant Sinopec has resumed buying Russian crude oil after a temporary halt due to concerns ...

Valero Energy Corporation announced it will close its Benicia Refinery, which joins an exodus of oil companies leaving the ...

U.S. crude oil refinery inputs averaged 15.9 million barrels per day (b/d) during the week ending April 18, 326,000 b/d less than the previous week's average, according to a weekly report issued by ...

One of the few refineries left in California has announced a plan to potentially shut down by next year, raising the risk of ...

Just a few months ago, Phillips 66 said it will shut down its refinery in the Los Angeles area by the end of 2025. Similar to ...

Players in the Nigerian oil and gas industry have highlighted the economic and strategic benefits of Nigeria’s 23.2% drop in petroleum imports. They also attributed the significant drop in the ...

Mexico's new Olmeca refinery, also known as Dos Bocas, has begun exporting ultra-low sulfur diesel, marking a significant ...

The NNPCL made N336.37 billion from crude oil sales in the first quarter of 2025. Over 32% of these sales were made to the ...

Nigeria is on track to become a net petroleum exporter within two years, driven by a surge in local refining capacity, according to the Petroleum Products ...

PETROAN has projected that Nigeria will become a full petroleum exporting nation in two years. This followed the announcement ...

Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit, PMS, also known as petrol to N865 per ...