News

The Economic and Financial Crimes Commission has arrested the recently sacked managing directors and some top officials of ...
Whether they drill, mine, or manufacture, energy companies have had a rocky first quarter. Refiners are the rare exception.
Petroineos Refining Ltd. (PRL) has permanently ended conventional processing activities at Petroineos Manufacturing Scotland ...
Canadian oil producer Imperial Oil posted a rise in first-quarter profit on Friday, driven primarily by stronger margins in ...
Canadian producer Imperial Oil booked a higher net income for the first quarter from a year earlier as industry refining ...
Chevron Corp. beat earnings expectations and the oil giant said it’s prepared for the cyclical changes in the market.
Imperial Oil saw a modest rise in earnings for the first three months of the year as it benefited from a higher price for its heavy crude oil and the slump in the Canadian currency against the dollar, ...
Seaborne gasoline shipments globally this spring are consistent with the elevated seasonal levels observed last year.
No injuries were reported in the incident, which took 20K barrels per day out of production. Refinery officials decline to offer details about the cause.
HF Sinclair faces challenges from weaker refining margins and market volatility, impacting its financial performance ...
During the first quarter (1Q) of 2025, crude oil prices generally decreased while U.S. refinery margins initially increased ...