IEA expects global supply to rise by 2.1 million barrels per day this year, up 300,000 bpd from the previous forecast ...

The Dangote Group has announced plans to more than double the production capacity of its fertilizer plant as part of ...

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

Indian Oil Corp plans to shut the diesel desulphuriser unit at its 300,000 barrel-per-day Panipat refinery for an upgrade ...

UBS announced a revised outlook on the global oil refining industry, anticipating a significant tightening of supply balances ...

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 ...

President Lazarus Chakwera has declared the official commissioning of the Bakhresa Soya Extraction and Vegetable Oil Refinery a major turning point for Malawi's economic future--hailing it as a bold ...

Britain's insolvent Lindsey oil refinery has resumed fuel deliveries, a spokesperson for the Department for Energy Security and Net Zero (DESNZ) told Reuters on Tuesday, after a deal to continue short ...

Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent ...

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