U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers ...

It can be expensive and time-consuming to change refinery configuration. The margins and yields of refineries can be affected by using different types of crude.

SHORTLY after the Dangote Refinery ... for-crude arrangement, Dangote’s petrol would be cheaper than the imported one, but it has not been so. Dangote has been unable to use the mechanism ...

Oil marketing companies are expected to report a muted Q4 for FY25 due to weaker gross refining margins, with crude costs likely rising 4-5% in INR and frozen retail prices for diesel, petrol, and LPG ...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has urged the newly appointed Group Chief Executive Officer ...