The continuous shortage of crude oil has significantly impeded investments in the building and full-scale operations of seven ...

Washington has issued new Iran-related sanctions, including a Chinese "teapot," or independent refiner, and vessels that ...

Shell plc finalised the sale of its Singapore refinery and associated refining assets to a joint venture formed by Chandra ...

The government of Uganda has entered an agreement with Alpha MBM Investments to advance development and construction of the country’s long-planned but delayed first crude oil ...

U.S. President Donald Trump's administration has asked oil and biofuels producers to hash out a deal on the next phase of the ...

U.S. jet fuel imports are set to hit a two-year high in March after Nigeria's Dangote refinery pushed barrels to North ...

India is in talks with Saudi Aramco, the world's top oil exporter, to secure investment in two planned refineries.

Nigeria's newest crude oil grade, the sweet Obodo blend, is reportedly ready for export to European markets alongside other ...