Q2 2025 Management View Maryann T. Mannen, President and CEO, highlighted that "our second quarter results reflect actions we have taken to create exceptional value. We delivered 97% utilization, ...

OPEC earlier resolved to raise output for September by 547,000 barrels per day, although delegates tried to calm fears of a supply glut by stressing that dynamic market conditions could lead to an ...

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the Federal Government plans to move five million ...

Par Petroleum (PARR) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.49 per share a year ago. These ...

Maumee-based Andersons Inc. has acquired the remaining stake in its ethanol joint venture with Cleveland-based Marathon ...

Cape Hatteras beach closed again due to petroleum odors; visitors are also advised not to swim or wade in waters near Old ...

Motorists and commercial motorcyclists in Makurdi, the Benue State capital, are grappling with petrol prices as high as ...

Rex International Holding Ltd. subsidiary Akrake Petroleum Benin SA spudded the first well for redevelopment of Sèmè field in Block 1, Benin, West Africa.

Marathon Petroleum's 665,000 b/d Galveston Bay, Texas, refinery is about halfway through a phased startup following a June 14 fire and is expected to return to full output shortly, Michael Henschen, ...

Forman Capital funded a construction bridge loan, which will allow full operations within the next four months.

As 2027 draws closer, President Tinubu’s inner circle is raising alarm over state oil chief Bayo Ojulari’s relationship with ...

TEMPE, Ariz. — August 1, 2025 — Economic activity in the manufacturing sector contracted in July for the fifth consecutive month, following a two-month expansion preceded by 26 straight months of ...