A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator ...

Pacific Future Energy has officially cancelled its proposal to build a 200,000-bpd refinery on the West Coast of Canada aimed at exporting refined petroleum products to Asia.

MOL Group has produced a diesel fuel containing hydrotreated vegetable oil and sustainable aviation fuel at its refinery in ...

A group of Senate Republicans on Wednesday proposed a $1,000 tax on new electric vehicle purchases to account for the cost of federal road repairs. Most revenue for federally funded road repairs is ...

Independent U.S. refiner PBF Energy plans to operate its seven refineries up to 76% of their combined production capacity of 1 MMbpd in the first quarter of 2025.

Finnish oil refiner and biofuel maker Neste will slash around 600 positions as excess supply in the renewable fuel market caused a slump in quarterly core profit.

Russia's largest petrochemicals company, Sibur, plans in the first half of March to resume output at a plant that was suspended last month after a Ukrainian drone attack.

Finnish oil refiner and biofuel maker Neste will slash ~600 positions as excess supply in the renewable fuel market caused a slump in quarterly core profit.

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said, as it seeks to cut costs, simplify its business and complete a major acquisition.

U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw.

President Donald Trump’s energy department said on Tuesday it approved the disbursement of a loan guarantee that had been finalized days before he took office to Calumet for the expansion of a ...

Some U.S. Gulf Coast refiners have recently paid prices over the Brent LCOc1 crude benchmark for Trinidad and Tobago's Molo heavy sour crude.