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 ...
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.
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.
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, ...
Shell on Friday said its net profit for the first quarter experienced a substantial 28% year-over-year decrease, settling at ...
HF Sinclair faces challenges from weaker refining margins and market volatility, impacting its financial performance ...