Oil prices were held in check on Thursday by threatened U.S. tariffs on Canadian and Mexican crude that could take effect this weekeend.Brent crude futures were up 27 cents at $76.85 a barrel at 11:05 ...

Answering questions, Rosen Zhelyazkov stressed that the Bulgarian government cannot interfere with the plans for the sale of the refinery and the mechanisms for its purchase and sale, but can ban the ...

SOFIA, January 30. /TASS/. Seven companies are bidding to buy Russian oil giant Lukoil’s oil refinery in Bulgaria, the country’s Prime Minister Rosen Zhelyazkov said at a hearing in parliament. The ...

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

U.S. oil majors ExxonMobil (XOM) and Chevron (CVX) are expected to report a double-digit decline in profit amid falling energy prices, when they announce Q4 res ...

Shell posted $16.79 billion in full-year profit measured on a net current-cost-of-supplies basis--a metric similar to the net income that U.S. oil companies report. This compares with $20.28 billion a ...

President Trump has said he could slap 25% tariffs on Canadian imports as soon as Saturday. While that is bad news for ...

If AI really doesn’t need that much power, energy companies have less incentive to produce more.

“Heavy oil cannot easily be substituted with the light oil that makes up most of U.S. shale oil production; such a switch ...

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

Viva's fourth-quarter 2024 Geelong refiner margin was 24% below the previous corresponding period at USD 6.70 per barrel. The refined fuel retailer is guiding to underlying 2024 group EBITDA of AUD ...

The US Gulf Coast heavily relies on Venezuelan crude, with imports hitting a six-year high. While Trump has left room for ...