China's refineries processed the most oil in a year in March, but the volume of crude being added to inventories still rose ...

India's vegetable oil industry has urged the government to widen the import tariff differential between crude and refined ...

Increased Saudi Arabian production quotas in May are set to drive crude oil export growth, according to shiptracking agency ...

The NNPCL generated N336.37bn from crude oil sales in the first quarter of 2025, with Dangote Petroleum Refinery accounting ...

Pipelines have resumed pumping oil to Ecuador’s main tanker port after the country was struck by an earthquake on Friday. The ...

Nigeria’s dream of self-sufficiency, particularly in the oil sector, has hinged on the promise of the Dangote Petroleum ...

Chinese state-controlled refining giant Sinopec has resumed buying Russian crude oil after a temporary halt due to concerns ...

The NNPCL made N336.37 billion from crude oil sales in the first quarter of 2025. Over 32% of these sales were made to the ...

The Olmeca refinery, which is designed to process 340,000bopd, has been repurposing high-sulphur diesel from the Madero ...

require producers to sell crude oil to Nigerian refineries to ensure adequate feedstock for domestic refining. However, IOCs have been accused of sidestepping this requirement by selling to ...

Japan's crude imports are in structural decline. The country is increasingly dependent on Saudi Arabia and the UAE, according ...