U.S. crude oil futures plunged to nearly four-year lows in a second day of heavy selling after China retaliated against President Trump's tariffs with its own duties on U.S. goods.
Shares of U.S. refiners fell to near two-year lows on Friday in the wake of U.S. President Trump's announcement of new ...
Under rare circumstances, diesel engines can experience a phenomenon called runaway, where the engine uncontrollably exceed normal operating speeds.
The United States on Thursday sanctioned a China-based oil refinery that purchased Iranian oil worth around $500 million from Huthi-linked ships, as the White House ramps up pressure on Iran.
Al-Jaili (Sudan) (AFP) – The once-pristine white oil tanks of Sudan's largest refinery have been blackened by nearly two years of devastating war, leaving the country heavily dependent on fuel ...
The U.S. on Thursday issued new Iran-related sanctions, targeting one individual and several entities including a Chinese “teapot” oil refinery for purchasing and processing Iranian crude oil ...
US Slaps Iran-Related Sanctions on Oil Tankers, China 'Teapot' Refinery By Timothy Gardner WASHINGTON (Reuters) -The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports ...
WASHINGTON - The US on March 20 issued new Iran-related sanctions, targeting entities including for the first time a Chinese “teapot”, or independent refinery, and vessels that supplied crude ...
Last year, Nigeria’s beleaguered energy sector witnessed a very significant event after the Dangote Oil Refinery began producing gasoline and selling it domestically to NNPC, marking the first ...
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