Exxon Mobil on Wednesday said its annual project spending will rise to between $28 billion and $33 billion between 2026 and ...

U.S. energy firms this week operated the same number of oil and natural gas rigs as they did last week, energy services firm ...

Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics” or “DKL”) announced the development of permitted acid gas injection “AGI” capabilities at ...

The facility plans to have a 16 million tons-per-year oil refining unit (320,000 barrels per day), a 1.5 million tons-per-year ethylene unit, a two million tons paraxylene and downstream derivatives ...

Some have raised questions on the timing of the commencement of operation of the Port Harcourt Refinery, as an attempt to sabotage Dangote.

Miles away from Alesa-Eleme where Nigeria’s oldest Refinery is situated, one can see the orange tongue of flame teasing the ...

The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other ...

“The oil business is not the same as selling sugar, spaghetti, cement, or rice. “NNPC will go from strength to strength, and once its other refineries are working as well, Nigerians will have ...

Africa's wealthiest man, Aliko Dangote, has built a colossal oil refinery in the Ibeju Lekki district, on the outskirts of Lagos, Nigeria. The Dangote Oil Refinery, with a capacity to process ...

The statement further explained that diesel and Pour Fuel Oil would be the highest output from the refinery, with a daily capacity of 1.5 million litres and 2.1 million litres, respectively.

Russian oil-product exports rebounded in November to the highest in eight months as local refineries ramp up production with the end of autumn maintenance. Seaborne fuel shipments averaged about 2 ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...