Aiteo has secured a major EPC deal to build a 240,000 BPD refinery in Mozambique, aiming to boost domestic fuel production and transform the regional energy market.

Find insight on U.S. crude oil stock builds, oil futures and more in the latest Market Talks covering energy and utilities.

Two major oil companies plan to close crude oil refineries in California within a year, taking out about 18% of the state’s ...