With WTI below $60 a barrel, Phillips 66 could benefit as a leading refiner buying cheaper crude, with soft oil prices ...

WTI crude below $60 could lift Valero Energy's margins, as the refiner buys cheaper oil and turns it into gasoline and distillates as inventories rise.

With the assembly and interconnection phase of all auxiliary and balance-of-plant equipment now under way, the operator said ...

Attock Refinery Limited (ARL), a key player in Pakistan’s downstream petroleum sector, has temporarily shut down ...

Attock Refinery Limited (ARL) has announced a temporary shutdown of its main crude distillation unit (HBU-I) for three to ...

Serbian President Aleksandar Vučić has expressed optimism that an agreement will soon be reached between Hungary and Russia ...

Despite the lapse of almost one year after signing the MoU (Memorandum of Understanding), the proposed US $ 3.7 billion ...

PBF Energy Inc. announced today that rebuild activities at its 157,000 barrel per day Martinez, California refinery following the February 1, 2025 fire are now expected to progress into February. PBF ...

Valmet has entered into an agreement to acquire Severn Group (“Severn”), a well-established industrial valve company, from ...

Analysts expect oversupply to continue into 2026, with the International Energy Agency forecasting supply to exceed demand by 3.8 million barrels a day. The glut will not last forever, Goldman Sachs ...

Philip Agbese praises President Tinubu's approval of $1.42bn debt cancellation for NNPCL, highlighting Engr. Ojulari's ...

Kyiv has denied Russian claims that Ukrainian drones deliberately struck a cafe and hotel in the occupied village of Khorly ...