It stands for the Oil Price Information Service, a Dow Jones-owned international trade publication that sets prices on California’s daily wholesale “spot” markets, which quickly trickle down to prices ...

Marathon Petroleum has scheduled a planned flaring event for the Carson section of its 382,000 b/d Los Angeles refinery to conduct "start-up/shut down" activities which are expected to begin Monday ...

Representatives from the Dangote Refinery and domestic crude oil refiners have declared their opposition to major Nigerian ...

Most filling stations in the Federal Capital Territory have implemented the Premium Motor Spirit (petrol) third pump price ...

AMG Critical Materials N.V. (Amsterdam, the Netherlands; hosted the opening of its lithium hydroxide refinery in Bitterfeld-Wolfen, ...

Oil prices were steady on Friday and set for a second straight week of gains, garnering support on a large cut in U.S.

The Fed projected a further 50 basis points of rate cuts by the end of this year, a full percentage point of cuts next year ...

Majeed Dahiru has urged the Nigerian government to explain the NNPC-Dangote Refinery partnership, raising concerns over ...

China's Shandong Yulong Petrochemical on Friday began starting up one of two new 200,000-bpd crude units in eastern China, marking the refinery's official launch after four years of construction.

A catalytic cracker and two distillation units at Venezuela's Amuay refinery, the country's largest, have resumed operations following a power interruption earlier this month. According to sources, a ...

Since then, WTI prices have rebounded to over $71 US per barrel as of Thursday afternoon. Bell says oil prices have a specific impact on what Albertans pay at the pump. Caption: Gasoline prices in ...

A Chinese court on Friday declared bankrupt a third refinery owned by state oil and chemical group Sinochem, a court document ...