Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue ...

Russian Lukoil oil refinery struck by multiple Ukrainian drones, military intelligence source claims Russian assault ...

Despite lower refining margins and an expected profit slump, Valero Energy Corporation beat analyst estimates for its fourth-quarter earnings, thanks to its renewable diesel division and resilient ...

In December, Ukrainian drones targeted oil depots and refineries in Smolensk, Oryol, Bryansk and Rostov — an area that had previously been targeted in July. The General Staff of Ukraine’s Armed Forces ...

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...

The Bureau of Public Enterprises had reported that the Warri refinery had never achieved full capacity utilisation, and after years of decline and shutdown in 2015 due to disrepair and crude shortages ...

A VLCC owned by George Procopiou’s Dynacom Tankers Management has become the first ship to load crude in Cameroon to feed ...

Novoshakhtinsk oil refinery, located in the Rostov region of Russia, has suspended its operations. Equipment damage was ...

The Nigerian National Petroleum Company Limited (NNPCL) on Thursday legally blocked Dangote Petroleum Refinery and Petrochemicals FZE from amending its ...

The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its ...

Additionally, crude oil from contractors that do not meet current specifications will be blended and processed to meet the ...

A Ukrainian drone attack killed a mother and her toddler in western Russia on Wednesday, local officials said, in a major ...