News

Southern Africa is expecting a new refinery as a result of a joint collaboration between the governments of Namibia and ...
The UCO3 concession area is 3,609 sq km, or nearly 900,000 acres, in an over-pressured, oil prone basin within the Al Dhafra region of Abu Dhabi.
Onshore fuel oil stockpiles at key trading hub Singapore edged lower for three consecutive weeks, despite an uptick in net imports, data showed on Thursday. Residual fuel inventories were at 19.39 ...
She told policymakers, investors, and industry leaders across the continent that the feat was achieved through decisive actions by President Tinubu.Nigeria attracted over $8 billion (about N12.8 ...
Identified as agreements of “high-strategic importance,” the two memorandums of understanding for development of the refinery and pipeline projects were signed during the ...
We continued to make measured progress during the first quarter of 2025,” said Electra CEO, Trent Mell, “reflective of the strength of our commitment to building a North American supply chain for ...
Exxon Mobil and Sable Offshore have filed a lawsuit against Santa Barbara County, alleging that the county is unlawfully ...
China's recent surge in crude oil imports primarily reflects strategic stockpiling by refiners amid low prices and supply ...
Genesis Energy, L.P. today announced its first quarter results. We generated the following financial results for the first quarter of 2025: Net Loss Attributable to Genesis Energy, L.P. of $469.1 ...
The high rate of primary onshore refusals is based largely on subjective criteria and thus open to being overturned by the A.R.T. The A.R.T. does not have anywhere near the level of resources needed ...
The oil refinery at Grangemouth has now closed amid ... which we expect to result in a reduction of around 250 onshore roles in our Aberdeen-based business unit. “The review is unfortunately ...