News

President John Mahama has appointed Edmond B. Kombat to the position of Acting Managing Director, the Tema Oil Refinery (TOR), following the reassignment of Dr. Yussif Sulemana to the Ministry of ...
Whether they drill, mine, or manufacture, energy companies have had a rocky first quarter. Refiners are the rare exception.
US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid global ...
Petroineos Refining Ltd. (PRL) has permanently ended conventional processing activities at Petroineos Manufacturing Scotland ...
The Nigerian military has intensified its crackdown on oil theft in the Niger Delta, successfully foiling illegal activities ...
No injuries were reported in the incident, which took 20K barrels per day out of production. Refinery officials decline to offer details about the cause.
India to increase crude oil imports from the US to record levels, driven by strategic, economic, and geopolitical factors.
Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent ...
Canadian oil producer Imperial Oil posted a rise in first-quarter profit on Friday, driven primarily by stronger margins in ...
Chevron Corp. beat earnings expectations and the oil giant said it’s prepared for the cyclical changes in the market.
Indian Oil Corporation (IOC) reported a 50% YoY net profit increase in Q4 FY25, driven by inventory gains. Analysts are ...
Imperial Oil saw a modest rise in earnings for the first three months of the year as it benefited from a higher price for its heavy crude oil and the slump in the Canadian currency against the dollar, ...