A tanker has hauled gasoline from Nigeria’s new Dangote plant to waters off Togo, a sign to traders that the mega-refinery’s operations could soon potentially shake up regional fuel markets.

Petroineos’s premature decision to close the Grangemouth refinery in 2025 has starkly laid out government weakness and inaction. Holyrood and Westminster failed to prepare for this scenario by ...

Africa’s richest person, Aliko Dangote, has started discussions with some foreign banks to secure billions of dollars for crude oil importation. The Africa Finance Corporation (AFC), a pan ...

Using the global average, a typical refinery produces around 8% of naphtha per barrel of oil, therefore the overall impact on refinery margins is more limited. The demand outlook for petroleum ...

State oil giant PetroChina plans to shut its largest Chinese refinery in 2025 after years of considering moving the processing to a smaller site, anonymous sources told Reuters on Monday.

HOUSTON (Reuters) - Chemical maker LyondellBasell Industries on Friday detailed its long-announced plan to permanently shutter its 263,776 barrel-per-day (bpd) Houston oil refinery in the first ...

According to him, Nigeria’s refining capacity has been increasing under the current administration, especially with the Dangote refinery coming on stream. He said the NMDPRA issued nine licences ...

LAGOS, Oct 30 (Reuters) - Nigeria's Dangote oil refinery has a stockpile of 500 ... the financial adviser for the naira crude sale scheme, as the settlement bank for naira pricing of crude and ...

SEE YOU IN ADMINISTRATIVE RULEMAKING: Tai Milder says California’s oil refining market remains lucrative. The former federal prosecutor played a central role in convincing the Legislature to ...

FILE PHOTO: A view of the newly-commissioned Dangote Petroleum refinery in Ibeju-Lekki ... the financial adviser for the naira crude sale scheme, as the settlement bank for naira pricing of ...

(Bloomberg) -- LyondellBasell Industries NV will exit the crude-oil processing business with the permanent shutdown of its sole refinery early next year. The chemical company plans to start the ...

One of the biggest U.S. refiners, Valero Energy (NYSE: VLO), beat Wall Street estimates even as it reported a widely expected plunge in its third-quarter earnings due to slumping refining margins.