Aviation Fuel Emerges as Beacon of Hope in Oil Market
The oil market's brightest spot is aviation fuel, driven by increasing demand and limited supply,…
refineries
Elliott-Linked Firm Wins Bid for Citgo, Ushering New Era in Energy Sector
A firm linked to Elliott Management has made the best bid for Citgo, marking a…
China’s Sinochem to Offload Bankrupt Refineries to Local Operators
Sinochem, a Chinese state-owned chemical conglomerate, is set to sell two of its bankrupt refineries…
Nigeria Retains Ownership of Refineries, NNPC GCEO Announces
The Nigerian National Petroleum Corporation (NNPC) has announced that the country's refineries are not for…
Environmental Groups File Lawsuit Against EPA to Ban Toxic Chemical Use
A lawsuit has been filed against the EPA to ban the use of a toxic…
Nigeria’s Refinery Conundrum: A Case for Privatization
The debate over the sale of Nigeria's refineries has sparked intense discussion, with billionaire Aliko…
Asian Distillates Market Sees Significant Surge in Diesel Margins
Diesel margins in Asia have reached near 1.5-year highs due to support from the West,…