Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

Bulgaria has halted Russian crude imports and also restricted exports of all refined products produced from Russian crude from its sole refinery. It has also imposed a 60% tax on the refinery's ...

Stardust Power (Nasdaq: SDST), a US battery-grade lithium product developer, has officially broken ground on its $1.2 billion lithium refinery in Oklahoma, which will be one of the largest in the US.

The Cabinet – not PetroSA – announced in December 2023 that Russia’s Gazprombank had been selected to restart Mossel Bay’s gas-to-liquids refinery. The choice of a sanctioned Russian bank ...

COFFEYVILLE, Kan. (KOAM) - CVR Energy confirms all employees are accounted for and the fire is out at its refinery in Coffeyville, Kansas. The fire started around 2:00 p.m. on Tuesday in the naphtha ...

HOUSTON, Jan 22 (Reuters) - LyondellBasell Industries (LYB.N), opens new tab will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people ...

January 22, 2025 (OMDURMAN) – The Sudanese army said Wednesday it had launched a multi-pronged attack reaching areas near the Khartoum oil refinery, 70 kilometres (43 miles) north of the capital.

ASTANA – The Kazakh Energy Ministry stressed the need to build a new oil refinery by 2030 to process at least 10 million tons of oil annually, Kazinform reported on Jan. 21. Energy Minister Almasadam ...

The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has approved the construction of a new 10,000 barrels per day refinery in Delta State.

An environmental group is asking the Nova Scotia government to quash the approval of a small quarry in a Lunenburg County watershed it hopes will be designated a wilderness area. George Buranyi ...

Two months ago, Nigeria’s beleaguered energy sector witnessed a very significant event: the Dangote Oil Refinery began producing gasoline and selling it domestically to Nigeria's state oil firm ...

Dangote refinery's recent hike in its cost of the product has stirred a fresh controversy in the polity amid harsh economic realities Dangote announced on Friday that petrol price will increase from ...