Vitol Group, Trafigura Group and BP Plc are the dominant buyers of fuels from Nigeria’s giant new Dangote oil refinery near Lagos that’s reshaping petroleum trading in Africa and Europe.

Though a deal has yet to be confirmed, several bidders have set their eyes on the Bulgarian oil refinery. The Financial Times (FT) has reported that Russian state energy group Lukoil has decided on a ...

The large commodity trading firms Vitol and Trafigura, as well as supermajor BP, are the biggest and dominant buyers of fuels lifted from the Dangote refinery in Nigeria, Africa’s newest and ...

Copyright 2024 The Associated Press. All Rights Reserved. Share ANKARA, Turkey (AP) — An explosion at an oil refinery in northwestern Turkey on Tuesday left at ...

Operations at the Izmit refinery of Turkiye Petrol Rafinerileri AS, Turkey’s biggest industrial company, are continuing as normal after a fire broke out at a compressor unit, forcing a ...

Shell is gearing up to transform its largest German oil refinery, Rheinland, turning the crude-centric Wesseling site into a base-oil powerhouse. The overhaul, set to kick off next quarter ...

Nigerians’ hope of getting cheaper Premium Motor Spirit (Petrol) has been dashed as petroleum marketers said the $20 billion-worth Dangote refinery was not built to sell less expensive petrol ...

Chemical maker LyondellBasell Industries detailed its long-announced plan to permanently shutter its 263,776-bpd Houston oil refinery in the first quarter of 2025. The planned closing marks the latest ...

PORTLAND, Ore. (KTVZ) -- A proposed project to build a refinery on an estuary along the Columbia River is getting pushback from the public. NEXT Renewable Fuels is proposing a diesel refinery in ...

Aliko Dangote's refinery has announced the actual cost of petrol from its refinery when selling to marketers The revelation follows accusations from filling station owners that Dangote petrol is sold ...

In addition to refinery maintenance season and oil market volatility, competition from Chinese refiners for certain grades of Russian crude played a role in the decline in oil imports from Moscow. Oil ...