News

Where does a giant refinery in Nigeria, Africa’s largest oil producer, go to source the raw materials it needs to make fuels ...
Both crude units at BP's Rotterdam oil refinery are offline following a shutdown at one 200,000 barrels per day (bpd) unit in ...
Japan’s top refiner, Eneos Corp, has reported an unplanned shutdown at its 77,000 bpd No.3 crude distillation unit (CDU) at ...
LAUNCESTON, Australia, May 19 (Reuters) - The volume of surplus crude oil in China available for storage surged in April for a second straight month as imports stayed relatively high and refinery ...
The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will be sent to local refineries, especially the new Olmeca refinery ...
Port Harcourt — The Nigerian Navy has thwarted a major crude oil theft operation in Bonny, Rivers State, saving the nation millions in oil revenue as it dismantled an illegal refinery and ...
Commercial crude oil stocks are seen falling by 600,000 barrels to 442.6 million barrels in the week ended May 23, according to the average estimate of eight analysts and traders. Three expect an ...
The government of Mozambique has entered two strategic agreements that, if finalized, would result in construction of the country’s first crude oil refinery, as well as a grassroots pipeline for ...
U.S. crude oil refinery inputs averaged 16.4 million barrels per day during the week ending May 9, the EIA noted in its latest report. It highlighted that this was 330,000 barrels per day more tha ...
U.S. crude oil inventories likely fell for a third consecutive ... 2 million barrel drop to an increase of 1.5 million barrels. Refinery capacity use is seen rising by 0.6 of a percentage point ...
U.S. crude oil refinery inputs averaged 16.5 million barrels per day during the week ending May 16, 2025, the EIA noted in its report. It pointed out that this was 89,000 barrels per day more than ...