Crude oil is a mixture of many different hydrocarbons, ranging from extremely volatile substances as light as gas to viscous ...

Astron Energy, a unit of global commodity trader Glencore , will invest up to six billion rand ($328 million) to install new ...

A UAE-backed company has secured a major contract to build Uganda’s first crude oil refinery, a 60,000-barrel-per-day (BPD) ...

CVR Energy's strong dividend policy and potential takeover by Carl Icahn present both opportunities and risks for investors.

Uganda is set to reduce its reliance on Kenya for oil imports after signing a multibillion-shilling agreement with the United ...

A fire erupted near an oil refinery in Karachi’s Korangi and efforts to extinguish it were under way, a statement by Rescue ...

Astron Energy, a unit of global commodity trader Glencore, will invest up to R6-billion to install new equipment and become compliant with South Africa's cleaner fuel specifications ahead of a 2027 ...

The recent announcement by the US President Trump to impose 25% tariffs on countries buying Venezuelan oil has already shaken ...

Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. Read more ...

OMV Aktiengesellschaft, Vienna, has commissioned a new plant for converting end-of-life plastics into circular feedstocks at ...