News

Tanker and gas carrier loadings have reportedly been suspended at Africa’s largest refinery. Oil analytics company Kpler ...
Rompetrol Rafinare is set to restart its Low-Density Polyethylene (LDPE) unit at the Petromidia refinery in early May, ...
Reliance Industries posted resilient performance in the fiscal fourth-quarter, with net profit (pre-minority) rising 6.4 ...
Shareholders of Romanian oil company OMV Petrom recently approved the distribution of record dividends amounting to RON 2.8 ...
A forthcoming decision could limit agencies’ duty to consider environmental harms — with wide-reaching consequences.
This allows LyondellBasell to manufacture at a significant cost advantage to marginal-cost producers that rely on higher-cost crude oil-based feedstocks to make the same products. Lyondell’s commodity ...
India's vegetable oil industry has urged the government to widen the import tariff differential between crude and refined ...
Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid heavy ...
Valero announced that it plans to close its San Francisco-area oil refinery in Benicia, California next year. It submitted a ...
As refiners flee California, leading to higher prices at the pump, he asks his regulators to ease up.
Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a ...
Phillips 66 said its realized refining margins fell to $6.81 per barrel during the January-March quarter, from $11.01 a ...