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pointing to higher U.S. production and lower refinery demand.The EIA expects the United States to produce 13.52 million bpd in 2025, up from 13.24 million bpd in 2024, it said in its December ...

This is even as the group lamented that quite a number of local refineries have been abandoned due to the failure of oil producers to obey the domestic crude supply obligation. The Petroleum ...

The Nigerian Upstream Petroleum Regulatory Commission has directed exploration and production companies to strictly adhere to the Crude Oil Supply Obligations for local refineries. The commission ...

A senior official claims that Ukrainian long-range drones have struck one of Russia’s biggest oil refineries for the second time in three days KYIV, Ukraine -- Ukrainian long-range drones struck ...

LAGOS, Feb 10 (Reuters) - Nigeria's Dangote Oil refinery, Africa's largest, could begin operating at full capacity in 30 days, the head of the refinery said on Monday. The 650,000-barrel-per-day ...

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has praised the Federal Government for its decision to ban the exportation of crude oil allocated to local refineries.

A financial analyst, Kelvin Emmanuel, has come under fire from Nigerians on social media for his comments demarketing state-owned Port Harcourt and Warri refineries. Emmanuel had appeared on ...

Ukraine is intensifying strikes on russian oil refineries in 2025 and expanding the geography of attacks. According to foreign policy analyst Hlib Ostapenko, the systematic campaign of strikes on ...

MARTINEZ — A leak led to an explosion and massive fire at a refinery with a history of issues Saturday, prompting a shelter-in-place for much of Saturday evening after black smoke spread across ...

LAGOS — The Federal Government has banned the export of crude oil meant to meet the needs of domestic refineries in the country, apparently in a bid to boost local refining capacity, reduce the ...

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has alleged that oil producing companies diverted 500,000 barrels of crude oil daily meant for local refineries.