Energy buyers across import-dependent Asia are facing mounting pressure as the US-Israel conflict with Iran disrupts oil and ...

Canada’s crude oil plays a steady role in keeping gas prices balanced across the border. For U.S. Midwest refineries, Canada’s supply is more than just convenient—it’s essential to daily operations.

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The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel launched major ...

Ukrainian attacks on Russian oil refineries cost Russia’s oil and gas sector as much as $12.9 billion (1 trillion Russian rubles) last year, according to a local insurance broker. Direct losses for ...

Africa’s oil refining industry has long struggled to keep pace with the continent’s vast crude oil production. For decades, many African nations exported crude oil while importing refined petroleum ...

MULTIPLE failures led to a “completely preventable” labelling error that caused a fatal release of hydrogen sulfide at a Pemex oil refinery in Texas in 2024, a US investigation has concluded.

Russia’s Volgograd oil refinery suspended oil processing on Wednesday after a Ukrainian drone attack triggered a fire at the plant. The Lukoil-owned refinery is a major Russian oil processing facility ...

The contractors have accepted the workers’ main demands regarding delayed salary disbursement and extended working hours; the ...

Energy contingency plan to be presented to PM today ahead of ECC approval; Weekly petroleum price revisions to begin from ...

PASCAGOULA, Miss. – When American forces grabbed Venezuela’s president last month and laid claim to the country’s vast oil reserves, it quickly reverberated in the coastal city of Pascagoula, Miss.