A senior official claims that Ukrainian long-range drones have struck one of Russia’s biggest oil refineries for the second ...

Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

HOUSTON - Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil and Shell all reported fourth-quarter earnings that were hit ...

The startup of new oil refineries by other companies in Asia and Africa led to higher global fuel supply, even as demand for gasoline and diesel lagged expectations. The refining business remains ...

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Exxon Posts Mixed Q4 Results With Higher Oil Production, Weak Refining Profit By Sheila Dang HOUSTON (Reuters) -Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in ...

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has stated that the recent reduction in petrol prices by Dangote Refinery may not immediately reflect at fuel stations ...

US oil refiners will look to Latin America and the Middle East to replace suddenly more expensive Canadian and Mexican crudes ...

Ukrainian drones attacked an oil refinery owned by Lukoil, one of Russia's largest oil producers, in Volgograd Oblast overnight on Jan. 31, the General Staff of Ukraine's Armed Forces reported.

Iraq is planning to export at least 300,000 barrels a day of crude oil once operations resume at a pipeline from the ...

A group of drones launched an attack on the oil refinery in Russia’s Volgograd region at nighttime on Friday, January 31. According to Ukrinform, this was reported by the BBC Russian service. "As a ...