Oni further discussed the challenges facing the Port Harcourt Refinery, which has a refining capacity of 210,000 barrels per day (bpd).

Valero Energy beats Wall Street expectations in Q4 thanks to low costs. Find out why VLO stock is a buy as margins improve ...

NNPC, oil marketers imported over 4bn litres of petrol, 1.15bn litres of diesel in four months, costing N5.5 trillion.

Colorado’s only oil refinery, located in Commerce City and operated by Suncor Energy, based in Alberta, Canada, accounts for about 40% of the state’s market for refined petroleum products, and ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.

By Udeme Akpan, Energy Editor There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries ...

Phillips 66 reports Q4 adjusted loss, with refining margins declining. Western Canadian crude will continue to flow to U.S. refiners but at greater discount if Trump enacts tariffs.

Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard by a ...

Quarterly net income of $1,225 million Cash flows from operating activities of $1,789 million and cash flows from operating ...

A media representative tells Ship & Bunker the company will start bunker deliveries via barge in Brisbane next month.

IGO’s primary asset is a noncontrolling 25% stake in the Greenbushes mine, the world’s largest and lowest-cost hard rock lithium operation. The mine is operated by Talison Lithium, a joint venture ...

New data has revealed that European refineries are feeling the impact of the Dangote Refinery, as Nigeria's reliance on ...