Answering questions, Rosen Zhelyazkov stressed that the Bulgarian government cannot interfere with the plans for the sale of the refinery and the mechanisms for its purchase and sale, but can ban the ...

The London-listed company raised its dividend by 4% while posting earnings of $23.7bn (£19.1bn) for the calendar year, down from $28.3bin dollars (£22.8bn) in 2023 ...

Shell has increased its dividend to shareholders despite profits falling last year, after the energy giant was hit by weaker ...

“Heavy oil cannot easily be substituted with the light oil that makes up most of U.S. shale oil production; such a switch ...

Hours after being sworn in as the new U.S. Secretary of Transportation, Sean Duffy took aim at the main way the federal ...

Valero's Q3 results showed strong revenue but declining refining and renewable diesel segment profits, with shares down 1.2% ...

U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to data released Wednesday by the U.S. Energy Information ...

Believe it or not, Canada has a “nuclear option” of its own. U.S. financial markets were relieved the week following President Trump’s inauguration, with stocks rising and global crude oil benchmarks ...

Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia as US ...

A US court has ordered a re-auction of Venezuela's PDV Holding, the parent company of Citgo, after creditors rejected a ...

Stardust Power, a US battery-grade lithium product developer, has officially broken ground on its $1.2 billion lithium refinery in Oklahoma.

Russian refineries are processing more crude oil in the hope of boosting fuel exports after the Biden administration imposed ...