BAGHDAD, March 23 (Reuters) - Iraq’s Kurdistan region is producing 286,000 barrels of crude oil per day, Iraqi oil minister Hayan Abdel-Ghani told state television on Sunday, citing secondary ...

HONG KONG -- Sinopec Shanghai Petrochemical, one of the largest crude oil buyers in China, revealed on Thursday that it has reduced its purchases from Russia during the first quarter after more ...

The Dangote Petroleum Refinery has temporarily halted the sales of petroleum products in naira as the naira-for-crude talks between the $20bn Lekki-based plant and the Nigerian National Petroleum ...

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5 days OPEC Cuts Oil Production in March, Ahead of Ramp Up Plans 5 days OPEC+ To Increase Oil Production in May: Report Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com ...

The Energy Information Administration’s (EIA) Crude Oil Inventories report has revealed an increase in the number of barrels of commercial crude oil held by US firms. The actual figure reported ...

NEW YORK, March 19 (Reuters) - U.S. crude imports from Canada fell to the lowest in two years as U.S. net crude imports also sank, after President Donald Trump's administration imposed tariffs on ...

Two inertial reference units (IRU) on a United Airlines Boeing 787-8 failed shortly before the jet experienced a rapid altitude shift over Africa in January that injured 16 people. In a ...

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Light crude oil futures are posting modest gains on Monday as the market undergoes a bottoming process. Prices briefly broke above last week’s high of $68.22, reaching an intraday peak at $68.37 ...

The Dangote Refinery faces challenges in sourcing crude locally, which has halted its naira-for-crude deal with local refineries After buying from Algeria, the Dangote Refinery will look to another ...

The modular refineries, which are smaller-scale, flexible refining units, have been touted as a crucial step towards achieving energy self-sufficiency. However, their operations remain hampered by the ...