The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency said on Friday, as refineries ramp up processing to meet ...

Meanwhile, the hit on the Fajr-e Jam Gas Refinery, in Bushehr province, threatens to disrupt Iran’s domestic electricity and ...

World Oil Outlook forecasts sustained oil demand growth through 2050, requiring nearly 19.5 million bpd of new refining ...

India has the largest oil refinery in the world. The Jamnagar Refinery, located in Jamnagar, Gujarat, is the largest oil refinery in the world. It is owned by Reliance Industries Limited (RIL).

Dangote Industries Limited says its 650,000 bpd refinery will begin relying solely on Nigerian crude by the end of 2025, in a ...

Backbone Infrastructure will build a $15 billion refinery in Nigeria's Ondo State, with a capacity of 500,000 barrels per day. This facility will be the country's second largest, trailing only the ...

The world’s top oil consumer in 2024 was the U.S., according to the Energy Institute’s (EI) latest statistical review of ...

There are 420 employees at the refinery, though Unite the Union said 1,000 jobs could be affected when taking into account ...

Prax Group, which is led by chairman and chief executive Sanjeev Kumar Soosaipillai, purchased Lindsey Oil Refinery from ...

CHINA is steaming ahead with building the world’s largest man-made island airport. The town-sized travel hub will sit off the ...

A damaged unit of the South Pars refinery's Phase 14, which was hit by Israel in its first strike on Iran's oil and gas ...

According to the Energy Institute’s (EI) latest statistical review of world energy report, which was published recently, the ...