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.

The General Staff of the Ukrainian Armed Forces announced this via Facebook, according to Ukrinform. This refinery is one of Russia's ten largest oil refineries by design capacity and plays a role in ...

HOUSTON, Jan 31 - Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron (CVX.N), opens new tab, Exxon Mobil (XOM.N), opens new tab and Shell ...

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, sending ...

January 22, 2025 (OMDURMAN) – The Sudanese army said Wednesday it had launched a multi-pronged attack reaching areas near the Khartoum oil refinery, 70 kilometres (43 miles) north of the capital.

ASTANA – The Kazakh Energy Ministry stressed the need to build a new oil refinery by 2030 to process at least 10 million tons of oil annually, Kazinform reported on Jan. 21. Energy Minister Almasadam ...

Ukrainian forces struck the Liskinskaya oil depot in Russia's Voronezh Oblast, the Smolensk Aviation Plant, and a Russian command post in Donetsk Oblast overnight on Jan. 21, Ukraine's General Staff ...

Ukrainian defence forces hit a number of important targets in Russia on the night of 20-21 January, including an oil depot in Russia’s Voronezh Oblast and an aircraft factory near Smolensk. Source: ...

Artificial intelligence has suddenly made electricity a hot commodity. No wonder major oil companies want a piece of it.

ECONOMYNEXT – Sri Lanka is discussing building an oil refinery in Trincomalee with India which can make use of a joint venture tank farm nearby, President Anura Kumara Dissanayake has said. “We ...

Nigerian National Petroleum Company (NNPC), marking the first time in decades Africa’s largest oil producer is refining its own crude. The state-of-the-art $20.5 billion refinery was launched in ...

Dangote refinery's recent hike in its cost of the product has stirred a fresh controversy in the polity amid harsh economic realities Dangote announced on Friday that petrol price will increase from ...