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U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.

Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in the energy space. The Wall Street Journal reported that Elliott, which had ...

Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...

Activist Elliott Investment Management on Tuesday disclosed a stake in Phillips 66 valued at more than $2.5 billion and said ...

President Donald Trump on Friday announced a joint venture with Japan for the Alaska LNG Project. If it’s built, the $44 ...

While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now ...

79 per cent of low-carbon hydrogen projects are stuck in the planning stage as developers struggle with high production costs ...

Shares of Marathon Petroleum Corp. MPC rallied 2.44% to $153.78 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.67% to ...

Chevron's reserves, or the amount of oil and gas that it can potentially extract, declined from 11.1 billion barrels of oil ...