The sharp reduction in year-on-year (Y-o-Y) net profit in Q3 came due to a crash in average gross refining margins (GRMs) – ...

Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese tariff and tax policies plunge them deeper into losses.

There are no internal Sudanese estimates of the cost of this war. But after 23,000 deaths, the displacement of 12 million ...

KUWAIT CITY, Jan 27: Sheikh Nawaf Saud Al-Nasser Al-Sabah, the CEO of Kuwait Petroleum Corporation (KPC), announced on Monday ...

What was unthinkable a year ago—massive Ukrainian drone strikes on military and strategic targets deep in Russia—is now a daily headline.

Indian Oil Corporation's average gross refining margin (GRM) for the period between April and December stood at $3.69 per ...