Anambra State will begin to earn more from 13% derivation funds on crude oil as the State reclaims ten oil wells from Delta State ...

Mexican state-owned oil company Pemex said its seven domestic refineries processed an average of 1.014 million b/d of crude oil in 2025, up 12% from 2024, marking the first time since 2015 that annual ...

Refiners in India have started tapping Russian oil aboard vessels floating off ‌the country's coast to make up for the loss of Middle Eastern crude due to the Iran war, two sources with direct ...

The U.S.-Israel war on Iran has disrupted oil exports from the Middle East to Asia, forcing some Asian refineries to cut runs ...

Brokerages said disruptions in the Middle East could tighten the supply of refined oil products globally. This could push refining margins higher, which directly benefits companies like Reliance that ...

Japanese oil refiners are asking the government to release crude from the nation’s strategic petroleum reserves as the Middle East crisis worsens, according to people familiar with the matter.