William Ato Essien, the jailed founder of defunct Capital Bank, made a public appearance at a government press conference ...

The United States imposed sanctions on Thursday on 29 vessels and their management firms as Washington targeted Tehran’s ...

The oil market is grappling with whether sanctioned Russian and Iranian cargoes should still be counted as supply. This may explain why oil prices have been slow to react to a huge glut that is ...

MOSCOW, Dec 9 (Reuters) - Russia's Syzran oil refinery on the Volga River halted oil processing on December 5 after being damaged by a Ukrainian drone attack, two industry sources said on Tuesday.

A refinery that supplies most of the Serbian market has halted work due to US sanctions imposed on the mainly Russian-owned company NIS over the war against Ukraine. Serbian Oil Industry’s refinery in ...

ROCHESTER, N.Y. — Exxon Mobil has agreed to investigate chemical contamination at a Rochester site used as an oil refinery in the late 1800s, a site that the city wants to revitalize. The state’s ...

The United States has denied a sanctions waiver to Serbian refinery Naftna Industrija Srbije (NIS), majority owned by Russian state energy firms and sanctioned by the United States, forcing Serbia’s ...

Dangote Industries plans to expand crude oil processing capacity at DRPC's refining complex near Lagos by 750,000 b/d, and has confirmed Nigeria’s federal government recently intervened to resolve ...

MOSCOW, Nov 29 (Reuters) - Falling drone debris sparked a blaze at the Afipsky oil refinery in Russia's southern Krasnodar region, but the fire has been put out, regional authorities said on Saturday.