LONDON/NEW YORK/NEW DELHI (Reuters) -Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and analysts, ...

In a letter to the governor, petroleum industry leaders warn cap-and-invest could raise refinery costs and threaten in-state ...

Refining margins stayed firm through most of the year, supported by low global product inventories and steady demand for fuels, especially distillates like diesel and jet fuel. Industry capacity ...

Japanese oil company Idemitsu Kosan has reversed a plan to close refineries in Japan, choosing to maintain six refineries ...

As tensions between the U.S. and Venezuela rise, oil prices (CL1:COM) have climbed affecting all energy companies in the oil and gas refining and marketing industry. In addition, U.S. crude oil ...

This article was written by Claudio Lubis. It appeared first on the Bloomberg Terminal. The capacity of the global oil refining sector contracted by 350,000 barrels per day in the second quarter of ...

MINSK, 15 October (BelTA) - Belarus and Russia have finalized the terms for the functioning of the oil refining sector for the medium term, Belarusian Prime Minister Aleksandr Turchin told the media ...

Forbes contributors publish independent expert analyses and insights. Ken Silverstein covers global energy and climate issues. As Washington circulates a 28-point “peace” plan for Ukraine, the real ...

Kazakhstan is shifting toward deeper hydrocarbon processing to increase value-added output. In 2025, petrochemical production ...

S-Oil swung to an annual profit as it reported stronger-than-expected net profit for the final quarter of 2025, driven by solid refining margins. The Saudi Aramco-controlled South Korean refiner said ...

Oil and gas stocks are on the move as a flare-up of tensions between the US and Iran threatens to disrupt shipping in the ...