News

Perhaps the darkest day in the Torrance Refinery’s long history came on Monday, Dec. 3, 1979 — 50 years after it first opened ...
The Treasury Department sanctioned a Chinese oil refinery for purchasing $1 billion in Iranian crude oil as part of a broader ...
Brian Jones, R-San Diego, warned Californians to brace for higher gas prices and fuel shortages in the wake of an announced ...
April 8 (UPI) --The Keystone Pipeline in North Dakota was shut down Tuesday morning after reports of a "bang" and spilled oil, according to officials. In the hours before 7:45 a.m. local time, an ...
as Australian oil from the North-West Shelf largely isn’t suitable for local refining. As a result, Australia is more reliant than ever on importing fuels from large refineries in Asia such as ...
The Oil Refinery will become operational in about four years, following the signing of a final agreement between the government and Alpha MBM in Dubai on March 31, 2025. According to Irene Bateebe, ...
Tema Oil Refinery (TOR) Ltd.’s Commerce Division has reported a significant revenue achievement for February 2025, surpassing its target by a wide margin. The division generated $2,919,515, more than ...
The Uganda Refinery project is estimated to cost around US$ 4 billion or more. The Minister of Energy, Ruth Nankabirwa described the signing an Implementation Agreement as the third triplet to be born ...
Engineer Irene Batebe told URN that refinery will entirely be funded through equity so there will not be borrowing as it was with EACOP. The oil and gas sector over the weekend got a vote of ...
On a ridge overlooking the refinery sit six enormous tanks, each containing one million barrels of crude oil. Letters painted in dark blue spell “Irving,” the family whose businesses dominate ...
Uganda signed an oil refinery agreement with UAE-based Alpha MBM Investments for a 60% stake in a crude oil refinery in Kabaale, Hoima District, President Yoweri Museveni's office said in a statement.
Oil will likely fall to the low $60-a-barrel range — levels last seen in 2021 — as markets remain oversupplied, Macquarie Group Ltd. predicts. Brent futures earlier this month touched a three ...