In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...

Two major oil companies plan to close crude oil refineries in California within a year, taking out about 18% of the state’s ...

The U.S. Department of Energy has authorized an emergency exchange from the Strategic Petroleum Reserve with ExxonMobil Corporation to address "logistical challenges" impacting crude oil deliveries ...

Africa’s richest man and the President/Chief Executive of Dangote Group, Aliko Dangote, has commenced the process to develop Nigeria’s biggest and deepest seaport in Olokola, Ogun State.

This rebound in activity signals a robust operational phase for the country's refining sector, with further strength ...

Sri Lanka’s interest in diversifying its oil supply portfolio by exploring crude imports from South Sudan may pose serious ...

Tyre pyrolysis oil is already recognised in the EU as a low-carbon alternative to traditional fuels and feedstocks.

Department of Energy authorized the exchange of as many as 1M barrels from the US Strategic Petroleum Reserve to ease the ...

Petroleum product marketers have thrown their weight behind the sale of Nigeria's three idle refineries and other assets owned by the state oil firm, NNPC Limited.

Large plumes of black smoke and flames started coming out of the smokestacks from Marathon Refinery about 5:30 p.m. Tuesday, ...

The Department of Energy said Friday it agreed to release up to a million barrels of crude oil from the Strategic Petroleum Reserve to Exxon Mobil in an exchange to address crude delivery problems at ...

California could lose 17 percent of its oil refinery capacity over the next 12 months due to two scheduled refinery closures, ...