The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has cautioned refinery operators against importing substandard crude oil, emphasizing the need for high-quality imports as ...

After decades of growth, Chinese demand for transport fuels is peaking as electric vehicles and LNG-powered trucks are ...

The newly imposed 14 per cent tariff by US President Donald Trump on exports by Nigerian businesses presents a significant ...

Oil stocks took a solid beating today after new tariff announcements out of Washington sent shockwaves through global markets ...

The Petroleum Products Retail Outlet Owners Association of Nigeria says some local refineries are importing substandard crude ...

EXXONMOBIL signalled on Thursday that higher crude oil and natural gas prices as well as stronger oil refining margins will help lift its first-quarter earnings by about US$900 million compared to the ...

In a draft letter to investors seen by the Financial Times, Elliott asks Phillip 66 investors to back its plan that is ...

Almost unnoticed in the sweeping new import tariffs announced by U.S. President Donald Trump is that energy commodities have ...

The exemption will come as a relief to the U.S. oil industry, which had expressed concerns that new levies could disrupt flows and raise costs on everything from Canadian crude oil serving Midwest ...

Crude oil remained in positive territory, but the gains were lukewarm with the May contract up 22cts at $71.42/bbl. Even with mostly nominal West Texas Intermediate gains, the contract's current price ...