LyondellBasell Industries said it has halted operations of a crude and coker unit at its 290,000 b/d Houston refinery as the global chemicals company continued the oil refinery's scheduled shutdown ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...

U.S. President Donald Trump has set a Saturday deadline for imposing 25% tariffs on imports from Mexico and Canada unless the ...

El Paso billionaire Paul Foster's Franklin Mountain Energy sells New Mexico oil and gas assets for $2.5 billion to Coterrra ...

Overnight from Thursday to Friday, there was an attack on one of the largest oil refineries in Russia, located in the ...

With an annual capacity of about 14 million tons, it is Russia's sixth-largest refinery, producing gasoline, diesel fuel, ...

Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude more difficult, two ...

There is no place to run and hide from climate change. The government’s latest science assessment is that climate impacts ...

SINGAPORE, (Reuters) - Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese fuel demand crushes margins and Beijing's drive to ...

“During my state visit to China, we secured one of our largest foreign direct investments — a $3.7B agreement with @SinopecNews to build an advanced oil refinery in Hambantota. This will boost ...

Up to 10% of China's oil refining capacity could be shut down within the next decade. The clearest sign of the industry's struggles is the poor operating rates of refineries. About only half of ...

Weaker fuel demand and depressed refining margins in 2024 resulted in ... on average 14.13 million barrels per day (bpd) of crude oil last year, down by 1.6% compared to the record 14.7 million ...