Sydney: As the US–Israel war on Iran escalates, so too does the global oil crisis. The effective closure of the Strait of Hormuz, through which roughly 20% of the world’s oil and natural gas flows, ...

SUGAR LAND, Texas--(BUSINESS WIRE)--Researched by Industrial Info Resources -- Exporters in the U.S. and Europe will soon be sending less of their refined product to Nigeria, as the nation opens its ...

Once operational, the Lobito refinery is projected to process up to 200,000 barrels of crude oil per day. Under the current arrangement, private investors, including Zambia, will collectively hold a ...