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.

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) – ...

Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones late last week, two industry sources told Reuters on Monday.

Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian ...

California aims to reduce carbon emissions by 45%, while its Low Carbon Fuel Standard requires oil refiners to cut their ...

Two local oil purchasers have increased the price they will pay for Penn grade crude oil. Effective Friday, American Refining Group and Ergon Oil Purchasing increased their price by $0.04 ...

Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating ...

Chevron is set to announce Q4 earnings on January 31st, with expectations of declining EPS due to falling energy prices. Read ...

The U.S. Energy Information Administration expects the U.S. retail regular gasoline price to drop this year and next year.

Several independent refiners in China have halted operations due to rising taxes on imported feedstock, squeezing their profits.

The movement to demand action on climate change took a new turn on October 14, 2022, the day that a pair of activists in ...

Ukrainian forces have struck facilities of the Ryazan Oil Refining Company in western Russia for the second time in less than ...