EXCLUSIVE: Industry insiders are concerned governments are "stalling and squabbling when urgent action is required".

Oil prices ticked higher on Monday, rebounding after declines last week on concerns about a global trade war, as investors ...

WTI crude is higher are edging higher today after Thursday’s volatile trading amid uncertainty around tariffs and jawboning to get OPEC+ to increase output. President Trump turned his attention to ...

STV News understands that of about 500 staff, some 65 are due to be kept on to work at the new terminal operation.

Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil ...

Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though ...

Oil markets are fully focused on the upcoming OPEC+ meeting, the first since Donald Trump became president of the United ...

Kyiv's general staff said on Sunday its forces attacked Russia's Ryazan oil refinery again last night and explosions and fire were reported in the target area. "The Ryazan Oil Refinery is one of ...

A fire erupted at Russia's Ryazan Oil Refinery after a drone strike overnight on Jan. 26, according to Russian media reports. The reported strike comes two nights after the Security Service of ...

DUBAI, United Arab Emirates (AP) — Fighting around Sudan ‘s largest oil refinery set the sprawling complex ablaze, satellite data analyzed by The Associated Press on Saturday shows ...

Ukraine’s military said its drones hit oil facilities in Russia’s Ryazan and a microelectronics production plant in Bryansk. It said the attacked facilities were involved in supplying Russia ...