The second unit of Eastern Refinery Limited (ERL) could save Bangladesh millions of dollars annually by reducing reliance on expensive refined oil imports. Yet, more than five decades after the ...

Goldman Sachs said on Friday a proposed 10% US oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on US refiners due to limited ...

Notably, the US President Donald Trump intends to levy a 25 per cent tariff on Mexican crude and a 10 per cent duty on ...

The 16-inch Nun River-Kolo stream crude trunkline in Bayelsa ceased receiving crude feeds after an oil spill, according to ...

Restarting the Santa Ynez Unit oil infrastructure locks us into decades of pollution; pipeline failure would lead to ...

The interim government in Damascus has begun receiving over 15,000 barrels of oil daily and as much as one million cubic ...

After making billions in cement, Nigerian Aliko Dangote is tackling oil and corruption in his quest to become Africa’s Rockefeller.

Iraq's oil ministry said in a statement on Saturday that all procedures had been completed to allow the resumption of exports through the Iraq-Turkey pipeline.

Warren Buffett's safest passive income stocks are perfect for baby boomers looking to supplement Social Security or pension ...

Oil fell to the lowest closing price this year after the breach of a key technical level accelerated losses driven by the ...