Stocks of oil at Cushing fell by 2.5 million barrels last week to about 20 million barrels, the lowest since October 2014.

The Dangote Petroleum Refinery is increasing its crude oil storage capacity by 1 billion litres, equivalent to approximately ...

The Dangote Petroleum Refinery is building eight new storage tanks with a combined capacity to hold 6.3 million barrels of ...

The construction of eight additional tanks will increase crude storage capacity at the $20 billion Dangote Petroleum Refinery ...

Under the agreement, MRPL will lease storage at ISPRL’s facilities, reducing capital expenditure while improving operational ...

Crude oil futures rise on Chinese stimulus hopes and weather demand, while concerns over Iranian supply disruptions support ...

Mangalore Refinery and Petrochemicals Limited (MRPL) on Monday signed an agreement with Indian Strategic Petroleum Reserves ...

Mundkur Shyamprasad Kamath, managing director of MRPL, said that the agreement would enable the company to enhance its crude oil storage capacity, thereby mitigating risks associated with the ...

Leasing ISPRL's caverns eliminates the need for constructing and maintaining standalone storage facilities, significantly ...

MRPL partners with ISPRL to enhance crude oil storage capacity, reduce costs, improve efficiency, and ensure energy ...