The Taneco refinery has a refining capacity of over 16 million tons of oil per year and “plays a key role in supplying fuel to the Russian army,” according to the Ukrainian official Kovalenko.

The Dangote Petroleum Refinery is building eight new storage tanks with a combined capacity to hold 6.3 million barrels of crude oil to store imported crude. According to an exclusive report by Africa ...

Uganda dreams big with its refinery plans, aiming to add value to its 1.4 billion barrels of recoverable oil reserves while safeguarding energy security. Consumption trends suggest the move isn’ ...

has completed rehabilitation and restarted processing and production activities for Warri Refining & Petrochemcial ... to respectively increase crude oil processing capacity and production of ...

The oil major faces “significant headwinds” at its refining division, wrote an RBC Capital Markets analyst. Exxon Mobil’s shares fell after the company warned its fourth-quarter earnings ...

The nation became so close to the Soviet Union that it almost joined it. Even as a European Union and NATO member, business with Russia still thrived, not least for oil giant Lukoil PJSC.

A oil refinery which supplies a key Russian air ... and said that authorities had set up an emergency command centre to fight the fire. Ukraine’s General Staff said the assault hit the storage ...

Tuesday January 14, 2025 - Aramco signed 145 deals totaling about $9 billion as part of the oil giant's In-Kingdom Total Value Add program.

2-Year U.S. Treasury Note Continuous Contract $102.723-0.031-0.03% 5-Year U.S. Treasury Note Continuous Contract $105.992-0.086-0.08% 10-Year U.S. Treasury Note Continuous Contract $108.219-0.109 ...

Technological developments and changes in resource distributions along the oil supply chain will also impact crude oil spot prices. The increased focus on renewable energy is already accelerating such ...