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 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 ...

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

Mangalore Refinery and Petrochemicals Ltd has entered into an agreement to store its crude oil in the caverns of the Indian ...

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

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

Last year was a record year for the Texas oil and natural gas industry, which broke its previous records for production, ...

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

MRPL signs MoU with ISPRL to utilize underground caverns for crude oil storage, enhancing storage capacity and ensuring supply security. The partnership aims to mitigate risks from global market ...