The Nigerian National Petroleum Company Limited (NNPCL) has denied claims in media reports that the newly refurbished Port Harcourt refinery has shut down. The national oil company denied the claim in ...

The Novoshakhtinsk Oil Products Processing Plant, the largest in southern Russia, has shut down both primary oil refining units following an attack by Ukrainian drones. Source: Russian online ...

Nigeria's Dangote Refinery is now operating at 85% capacity and is on course to deliver European-standard products by January, an executive said on Friday. The 650,000-bpd Dangote oil refinery built ...

Russia’s seaborne fuel exports are set to fall sharply this year after the country’s oil refineries scaled back processing and Moscow ordered them to prioritize the domestic market. Seaborne ...

Libya’s state National Oil Corporation (NOC) reported yesterday that a specialized team from its subsidiary Zallaf Libya Oil and Gas inspected the fuel pipeline supplying the Ubari power station to ...

[UPDATES] As of 10:15 a.m., Kyiv Post sources within Ukraine’s Security Service (SBU) confirmed that the attack on the Novoshakhtinsky Oil Refinery in Russia’s Rostov Region was a joint operation ...

(Photo by NATALIA KOLESNIKOVA / AFP) A massive Ukrainian drone and missile attack sparked a fire at an oil refinery in southern Russia overnight, both Russian and Ukrainian officials said Thursday.

Rostov Acting Governor Yuri Slyusar said Ukraine had struck the region with at least 13 missiles and dozens of drones, triggering a fire at the Novoshakhtinsk oil refinery, which has repeatedly ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Russia's seaborne oil exports — a key part of the nation's oil trade — have taken a hit in recent months, as Western sanctions on one of Moscow's most important sources of revenue continue to ...

Crude oil inventories in the United fell by 4.7 million barrels for the week ending December 6, according to The American Petroleum Institute (API). Analysts had expected a draw of 1.85 million ...

“A new oil refining company with a capital of $200,000 ... I told Henry about meeting “Gooch” and, on Nov. 25, he and Lionel Ouellette, the owner of Three-O Manufacturing, walked the same woods. By ...