The Dangote Petroleum Refinery says it has raised daily production to 85 per cent of its 650,000 barrels per day capacity, ...

Tengizchevroil, a 50%-owned affiliate of oil producer Chevron, has commenced crude oil production from the third-generation plant (3GP) at its Future Growth Project (FGP) within the Tengiz oilfield in ...

Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

Many facilities, pipelines ... The less we pay for the cost of crude oil production, the more profit we’ll make. “So, regardless of how much crude oil is sold in the international market ...

In a presentation titled: “An insight into NNPCL’s war against crude oil theft,” Mohammed said the company arrested 2,849 suspects and confiscated 1,467 trucks laden with stolen crude. He spoke at the ...

The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

African Refinery Group (ARG) has announced the commencement of the revamp of the Bonny Export Terminal (BET) facilities ...

An emerging trade war between the United States and China could drive U.S. crude exports lower in 2025 for the first time ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

Crude prices also came under pressure after a tanker departed Russia's Ust-Luga port with crude Friday, suggesting limited impact from Ukraine's drone strike on the facility. Limiting losses in ...

African Refinery Group (ARG), the LOT1 Concession and operator of several of NNPC’s downstream crude oil and refined petroleum products pipelines, storage depots, supply distribution facilities and ot ...

China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the ...