Oxy is expanding via acquisition as it looks to bulk up to compete with energy industry giants like Exxon. Does it stand a ...

BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...

Major U.S. equities indexes traded in positive territory on Tuesday, boosted by a resurgence among tech stocks. The S&P 500 ...

The oil minister said the ministry had set up an international emergency committee on home-grown solutions to in-country refining to discourage crude oil theft and illegal refining. “One of the ...

BP anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...

Petrobras unveiled plans for two of its Brazilian refineries as part of the company’s 2024-28+ strategic plan.

ExxonMobil said lower oil prices and refining margins will lower third-quarter profit as compared with the second quarter.

2-Year U.S. Treasury Note Continuous Contract $103.332-0.016-0.02% 5-Year U.S. Treasury Note Continuous Contract $108.305-0.047-0.04% 10-Year U.S. Treasury Note Continuous Contract $112.109-0.094 ...

The amendment in sub-section 2(a) allows licensees with little refining capacity to come together to operate. “Any petroleum prospecting licensee without the minimum crude oil refining capacity ...

2-Year U.S. Treasury Note Continuous Contract $103.445-0.031-0.03% 5-Year U.S. Treasury Note Continuous Contract $108.398-0.102-0.09% 10-Year U.S. Treasury Note Continuous Contract $112.078-0.172 ...

Addressing Nigeria’s potential as a refining hub, Dangote expressed concern that, despite producing over 3.4 million barrels of crude oil per day, Africa imports around 3 million barrels of ...