International Oil Companies (IOCs) operating in Nigeria have continued to bypass direct crude oil supply to local refineries, ...

The petrochemical plant at Austrian oil and gas firm OMV's Schwechat refinery near Vienna airport broke down on Tuesday, ...

International Oil Companies (IOCs) operating in Nigeria continue to bypass direct crude supply to local refineries, even as the country grapples with an ...

Nearly 60 million barrels of Nigerian crude oil were left stranded and unsold, floating on the high seas, as IOCs continued ...

U.S. stock futures saw a rise after President Trump clarified that he did not intend to remove Federal Reserve Chairman ...

Plans are underway to construct three oil refineries, five hydrochemical plants and ten tank farms as part of a comprehensive ...

raising concerns about the underutilisation of refinery infrastructure in the country. Owners of refineries with this capacity, however, witness shortfalls in crude oil supply to their plants, as ...

Most active June RBOB futures gained 0.5ct to $2.079/gal and the front-month May RBOB rose 0.3ct to $2.087/gal. June ULSD was 0.3ct higher at $2.0840/gal and May ULSD inched up 0.5ct to $2.1275/gal.

According to the Union Minister, India’s ethanol drive has so far added Rs 1,07,580 crore to farmers’ earnings while saving ...