The Atlas oil depot near Kamensk-Shakhtinsky in Russia's Rostov Oblast erupted into flames early this morning, November 29, after what local authorities called a major drone attack involving up to ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Nigeria’s giant Dangote refinery purchased its first shipment of US oil after a hiatus of three months as the site continues to ramp up production. The plant purchased about two million barrels ...

(Bloomberg) -- Nigeria’s giant Dangote refinery purchased its first shipment of US oil after a hiatus of three months as the site continues to ramp up production. The plant purchased about two million ...

At least three plants have had to dial back or halt production due to steep losses, the report added. Russia's oil refining business could see firms shutter as soon as early next year, due to ...

Earlier, in 2007, Bunge closed another sunflower oil plant in Oradea. It is one of the three such plants acquired and closed down by Bunge in Romania – the other two being Unirea (Iasi ...

However, it's considered less polluting due to its production from leftovers or plants rather than newly drilled oil, which releases additional greenhouse gases. The aviation industry accounts for ...

HOUSTON, Nov 20 (Reuters) - Oil prices settled lower on Wednesday after U.S. crude and gasoline stocks rose by more than expected last week, but losses were capped by worries about the ...

Russia's oil refining business could see firms shutter as soon as early next year, due to steep losses that have piled up in recent months, people familiar with the matter told told Reuters last week.

NEW YORK, Nov 19 (Reuters) - Oil prices were broadly unchanged on Tuesday as signs of escalation of the Russia-Ukraine war kept investors cautious of supply disruptions, but the partial restart of ...

Southeast Asia’s tropical forests are renowned for their biodiversity, but at the same time face significant threats from the expansion of oil palm plantations. With global demand for palm oil ...