U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...
Saudi Arabia's state oil company Aramco bought its first cargo of WTI Midland, a U.S. crude oil grade that underpins the ...
Lauren Gray is a New York-based writer and editor with nearly a decade of experience covering health, wellness, ...
South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East.
The removal of fuel subsidy in the 2023 federal budget triggered a series of negative developments in the Nigerian economy, ...
has revealed its crude oil production forecast for the first half of 2025. Per the report, nine Nigerian refineries will process 143 million barrels of crude in the first half of the year ...
While describing the creation of the forum as timely, Engr Komolafe harped on the need to significantly increase oil production in the country. “The 2025 budget is predicated on crude oil ...
Sources in the government and India’s refining sector indicate that ample supply is available from other major sources markets. Notably, prior to the war in Ukraine, Iraq, Saudi Arabia, and the UAE ...
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while product stocks saw further large weekly builds, according to data released by ...
The judge also ordered the security officials to take necessary steps, including providing “regular patrols and surveillance around the cargo of crude oil to prevent General Hydrocarbons ...
It was a week when oil prices rose while natural gas futures briefly surpassed the $4 mark. Overall, it was a bullish seven-day period for the sector. West Texas Intermediate (WTI) crude futures ...
Petronas and partners let a contract for delivery of a new hydrogen production unit to be installed at the planned grassroots biorefinery to be built in southern ...