ExxonMobil will sell its controlling stake in Esso (Thailand) Pcl, which runs a local refinery and retailing business, to rival Bangchak Corp. as the largest US oil company focuses on its home market and the production of lower-emission fuels.
The Taliban-led administration in Afghanistan signed its first international contract last Thursday to extract oil from the northern Amu Darya basin as the beleaguered group seeks to increase revenue.
A drone strike caused a fire at a refinery in south-west Russia near the border with Ukraine - but no one was hurt and the blaze was contained quickly, officials said.
Indonesia’s national oil and gas company Pertamina has decided to cancel an earlier plan to buy discounted crude oil from Russia as domestic fuel stocks are now deemed sufficient.
A fire broke out at an Exxon Mobil refinery in Montana and was extinguished early Sunday, the company said, and the units involved have been shut while crews stabilize operations.
Royal Dutch Shell announced late last year it would slash capacity by half at its biggest oil refinery. For Singapore, where the plant has been a mainstay of the economy for six decades, it marked a turning point in one of the most successful bets on fossil fuels in history.
Indonesia’s national oil company (NOC) Pertamina said yesterday that it had extinguished a fire at its Cilacap refinery in Central Java.
Indonesian national oil company Pertamina will build a small liquefied natural gas (LNG) regasification unit at its Cilacap refinery in Indonesia.
Europe’s oil refiners have big plans to boost the use of green hydrogen to help them make fuel, an important component of the petroleum industry’s plans to cut its operational carbon emissions.
Engen has set out plans to convert its Durban refinery to a storage terminal, with the processing facility no longer economic to run.
A massive fire has been extinguished at one of Indonesia’s biggest oil refineries operated by national oil company Pertamina. However, near-term supply risks remain, but the national refining expansion plan remains intact, reported Fitch Solutions Country Risk & Industry Research.
A massive fire continues to rage at one of Indonesia’s biggest oil refineries operated by national oil company Pertamina.
Indonesia’s biggest oil refinery, operated by national oil company Pertamina, experienced a huge explosion Monday morning, according to local media reports
Engineering and consulting giant Wood has clinched a deal worth more than $120 million for a refinery project in south China.
Engen has accounted for all personnel who were at its refinery, south of Durban, where an explosion took place on December 4.
Nigerian President Muhammadu Buhari has welcomed the launch of the Waltersmith modular refinery, in Ibigwe, Imo State, and the groundbreaking for the second phase.
Royal Dutch Shell Plc will begin shutting its Convent refinery in south Louisiana mid-month while it continues to seek a buyer for the facility, part of a plan to reduce its global sites and focus on combined oil refining and chemical plants.
Total SE will halt oil refining in the Paris region and spend more than 500 million euros ($582 million) by 2024 replacing its facility with renewable-fuel and bioplastic plants.
Total has signed an agreement to sell the Lindsey refinery to independent British conglomerate Prax Group.
South Africa has “inadequate” stocks of diesel, an industry body has warned, as demand has accelerated beyond expectations with the easing of lockdown limitations.
Nigeria is in the process of shifting its refining model away from Nigerian National Petroleum Corp. (NNPC) ownership, bringing in private ownership similar to that seen at Nigeria LNG (NLNG).
How refiners are using digital technologies to become more profitable
Libya’s National Oil Corp. (NOC) has shuttered its Zawiya refinery on February 8, triggering a shutdown at the Sharara field.
Yemen’s Houthi rebels launched a missile attack on Saudi Aramco, but an oil official in the kingdom said the projectiles were intercepted before they could hit their target in the southern Jazan region.
Africa’s richest man Aliko Dangote is considering following the completion of the continent’s largest refinery with the acquisition of north London football club Arsenal.