Canada and Mexico together supply 70% of US crude imports, with Canada alone contributing over 60% (4.1 million b/d in 2024). However, this figure understates the deep ...

Market stalwarts, with their well-established reputations for reliability and profitability, are not immune to losing their way. Any company, from a British blue-chip to a member of the Magnificent ...

Nigerian Content Development and Monitoring Board, NCDMB, has said the Dangote 650,000-barrel-per-day Integrated Refinery and Petrochemical Company affords Nigeria and other African countries ...

The country's gasoline market is in a fever again. In three weeks, wholesale prices increased by 20%, but then slightly decreased. Independent gas stations can no longer afford oil products at such ...

Gasoline futures were also struggling to close out the week in the black. The Nymex March RBOB contract was off by 2.21cts to $2.0886/gal, leaving it down by nearly 2cts week to week and more than ...

A new report has revealed that the Port Harcourt Refinery, which was commissioned months ago, is still struggling to operate ...

And thank you all for joining us at our Q4 and 12 months 2024 Conference Call. I’m Harry Vafias, the CEO of Imperial Petroleum; and joining us today is Fenia Sakellari who will be discussing our ...

The Service remains committed to upholding the highest standards of integrity in all its operations."Consequently, the ...

Refiners are increasingly investing in the production of cleaner fuels and petrochemicals as they adapt to changing market ...

Energy companies BP and Iberdrola have begun work on Spain’s largest green hydrogen plant in Valencia. The €70m plant will be sited on a 20,000-sq-m plot next to BP’s Castellón refinery. It will ...

In response to rising demand for environmentally friendly fuels, oil refineries are integrating renewable feedstocks into ...

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...