Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

The Nigerian Navy said that the ongoing Operation DELTA SANITY II has recorded great successes against crude oil theft as ...

Nigerian Navy has seized 40,000 litres of stolen crude oil in Ondo State, in a major operation under its ongoing efforts to combat ...

The Tehran Oil Refining Company produces approximately 6.5 million barrels of gasoline per day, along with 14 million liters of diesel, according to the company’s head.

Fuel prices make up a quarter of motor carriers’ average operating costs and are constantly changing. Here is how fuel pricing works and how it affects fleets.

According to the US treasury, Marshal Ship Management Private Limited and its director Ryan Xavier Aranha allegedly falsified ...

DeepSeek (Chinese AI firm) shocked the world by launching an AI service. Read why safe and steady dividends can deliver ...

Sri Lanka’s rupee was quoted at 298.40/80 to the US dollar in the spot market Friday, stable from 298.40/70 to the US dollar Thursday, dealers said, while bond yields were broadly steady.

U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday, amid tariff uncertainty threatening supplies of heavy sour grades ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...