Downstream Oil & Gas

Oil edged up in a choppy session as traders expressed skepticism over the potential for a deal that would imminently restore flows through the...

Saudi Aramco pushed back restarting its Jazan oil refinery to late August, following a weekend attack on the facility, according to market intelligence firm...

Aradel Holdings Plc has delivered a significant first half in 2026, with group production rising 523 per cent to an average of 139,500 barrels...

India’s state-owned Hindustan Petroleum Corporation Limited has recently bought a total of four million barrels of Nigerian crude as the country’s refiners intensify efforts...

Ukraine struck two of Russia’s oil refineries overnight, the latest in a flurry of attacks that show a resumption of the assault on the...

ORLEN SA said Wednesday it has put into service a marine transshipment terminal on the Martwa Wisła River next to its refinery in the...

Heirs Energies has raised its crude oil production to 55,000 barrels per day from 25,000 bpd in five years as indigenous operators increasingly take...

As crude prices crashed below $80 per barrel on Tuesday, the Dangote Petroleum Refinery reduced the ex-depot prices of Premium Motor Spirit (petrol) and...

Oil fell for a third straight session on signs that the US and Iran are nearing a deal to reopen the Strait of Hormuz...

Oil fell after both the US and Iran signaled that discussions to restore shipping through the Strait of Hormuz are ongoing, raising hopes for...

TotalEnergies SE has signed an agreement to buy Shell PLC's four-gigawatt (GW) portfolio of mostly in-the-pipeline onshore renewable energy (RE) projects in Europe. The transaction,...

Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman decided, in a virtual meeting held on Sunday, to increase their production target by almost...

Both Brent and West Texas Intermediate (WTI) oil prices were down on Friday, but still on track for notable monthly gains, Naeem Aslam, CIO...

UK-headquartered energy giant BP is launching a process to market its North Sea business for a potential sale after operating in the region for...

Shell PLC on Thursday announced a new $3 billion share repurchase program, at par with the prior package.The British energy giant said that is...

Saudi Aramco is preparing a new selling price for oil loaded at Egypt’s Mediterranean port of Sidi Kerir for delivery to Asia after attacks...

US crude is drawing overseas interest from Asian and European refiners as supply concerns spread from the Middle East to the Black Sea. Attacks on...

Dangote Petroleum Refinery and Petrochemicals FZE has secured about $2.5bn in fresh capital through a private equity placement, in what the company described as...

After years of opaque allocations, Nigeria’s latest seven‑hour oil block bidding saw 31 winners from 143 bidders, but doubts over transparency and capacity persist...

Oil surged past $100 a barrel for the first time in two months after Iran-backed Houthi militants said they attacked two Saudi Arabian tankers...