The global oil refining industry plays a crucial role in meeting the world’s energy needs by transforming crude oil into fuel and other essential products. A nation that is an oil producer lacking a ...

EADaily, . Reliance Industries, which owns the world's largest oil refinery, has resumed purchases of Russian oil.

Over the past eight years, Aliko Dangote, Africa’s richest man, has built one of the world’s largest oil refineries. Spanning nearly 4,000 football fields, construction of the refinery began in 2016 ...

Rosneft’s Ryazan oil refinery, which is Russia’s fourth-largest, has suspended its main crude processing operations after being hit by a Ukrainian drone strike over the weekend. The plant's main crude ...

LONDON/NEW YORK/NEW DELHI, Nov 18 (Reuters) - Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and ...

NNPC, the state-owned Nigerian oil company, is looking to revive the three state refineries in Africa’s top crude producer and plans to select technical equity partners to help resume operations at ...