Kuwait, OPEC’s fifth-biggest producer, said it has reduced oil and refinery production following the slowdown of shipping traffic through the Strait of Hormuz.

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, ...

The company took this measure after an Iranian drone strike reportedly impacted its refinery in Sitra.

Bahrain's state oil company declared force majeure following an Iranian attack on its refinery. This legal step frees the ...

Haifa's Bazan Refinery is Israel's largest oil refinery.

Iranian drone strike hit Bahrain's Bapco oil refinery on Sitra island this morning causing a fire, thick smoke. The company ...

An Iranian drone strike sparked a fire at Bahrain’s Bapco oil refinery, sending thick smoke into the sky and underscoring rising risks to Gulf energy infrastructure as regional tensions escalate ...

PetroChina plans to phase out production at 19 old and inefficient units across its refining and petrochemicals facilities as China looks to trim overcapacity that has weighed on the downstream sector ...

BAPCO, a key oil refinery in Bahrain, was attacked with an Iranian missile as the conflict in the Middle East continues.

A fire at Petroecuador's Esmeraldas oil refinery, the country's largest, temporarily halted operations after a fire broke out ...

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 ...

Saudi Arabia’s state oil company Saudi Aramco halted operations at its Ras Tanura refinery as a precautionary measure after an Iranian drone hit an oil-storage facility at the site, according to Saudi ...