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Dangote Refinery To Ship Its First Gasoline Cargo Out of Africa

OilPrice

The Dangote oil refinery in Nigeria, Africa’s largest crude processing facility, is set to ship its first gasoline cargo out of the African region with a vessel heading for Asia, a source with knowledge of the plans told Reuters on Wednesday. We sell our products…

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Libya Fixes Leak on Crude Oil Pipeline Linked to Top Refinery

OilPrice

Zawiya, which lies 25 miles west of Tripoli, is home to the largest operational refinery in the country with a capacity to process 120,000 barrels per day (bpd) of crude oil. The Zawiya refinery is connected to the 300,000-bpd Sharara oilfield, Libya’s…

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U.S. Refining Giant Valero to Shut California Refinery

OilPrice

Valero Energy plans to idle, restructure, or cease refining operations at its Benicia Refinery in California by the end of April 2026, as one of the biggest U.S. The impairment was recorded for the Benicia and Wilmington refineries and is expected to be treated as a special item and excluded from the

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One in Five Refineries Faces Shutdown Despite Rising Fuel Demand

OilPrice

Refineries are switching to biofuels or shutting down due to hostile regulationsbut demand for oil products is growing. A total of 101 out of 410 refineries around the world are at risk of getting shut down over the next decade, Wood Mackenzie analysts estimated recently, noting that this number represented 21% of global refining capacity.

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Ukraine Hits Major Russian Refinery In Massive Drone Attack

OilPrice

Ukrainian forces hit and damaged the Moscow Oil Refinery and a Druzhba oil pipeline facility in Oryol Oblast in a fierce overnight drone attack on Monday, the General Staff of Ukraine's Armed Forces has reported. According to the General

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Phillips 66 to Lay Off Most Workers at Los Angeles Refinery

OilPrice

refining giant Phillips 66, which will close its LA refinery later this year, will lay off in December most of the workers at the plant, Reuters reports, citing sources with knowledge of the plans. Last October, Phillips 66 said it would shut down its refinery in the Los Angeles area in the fourth quarter of 2025, due to market dynamics.

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Africa's Largest Refinery Expands Petrochemical Exports

OilPrice

The petrochemical plant next to Africas largest refinery, Dangote, will export polypropylene to the global markets under an exclusive partnership with petrochemicals distributor Vinmar International.

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