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

THE Dangote Refinery currently operating at 85 per cent capacity could begin operating at full capacity in 30 days.

HOUSTON - Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil and Shell all reported fourth-quarter earnings that were hit ...

The options being considered range from replacing the mechanism entirely with a full ban on refining Russian crude oil, to lowering the price cap from the current $60 to approximately $40 ...

The Petroleum Products Retail Outlet Owners (PETROAN) has accused crude oil producers of diverting 500,000 barrels meant for domestic refineries to the international market. According to its ...

Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers ... sources of crude for U.S.-based refineries.

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has praised the Federal Government for its decision to ban the exportation of crude oil allocated to local refineries.

LyondellBasell Industries said it has halted operations of a crude and coker unit at its 290,000 b/d Houston refinery as the global chemicals company continued the oil refinery's scheduled shutdown ...