According to the project proposal, once implemented, the country’s reliance on imported petroleum products will fall substantially as the total crude oil refining capacity will be increased to 45 lakh ...

The latest push higher comes as traders bet that the Federal Reserve will cut interest rates twice in 2026, as US President ...

As refineries shut down across Europe, Africa should be seizing its moment. Instead, the continent is stuck in a crippling ...

Any political opening in Venezuela is instantly read through the lens of oil markets, with traders imagining a wave of new ...

A long-stalled oil refinery proposed near Theodore Roosevelt National Park recently appeared on a short list of projects ...

The ethylene plant’s restart marks a key milestone in the gradual reactivation of RASCO’s Ras Lanuf complex, one of North ...

Bharat Petroleum Corp. Ltd. (BPCL) entered strategic memoranda of understanding with Oil India Ltd., Numaligarh Refinery Ltd., and Fertilisers & Chemicals Travancore Ltd. to ...

A refinery that supplies most of the Serbian market has halted work due to US sanctions imposed on the mainly Russian-owned company NIS over the war against Ukraine. Serbian Oil Industry’s refinery in ...

India’s Reliance Industries Ltd. said it would stop processing Russian oil at part of its giant Jamnagar oil refinery as US sanctions force the company to shy away from dealings with Moscow. The ...

Rosneft’s Ryazan oil refinery, which is Russia’s fourth-largest, has suspended its main crude processing operations after being hit by a Ukrainian drone strike over the weekend. The plant's main crude ...

Ukraine’s long-distance armed drones struck a major Russian oil refinery and a military base for Moscow’s elite own UAV unit in an overnight assault, Kyiv said. Ukraine’s General Staff released video ...

A massive oil refinery responsible for 30% of Russia’s gas consumption was ignited during an assault by dozens of Ukrainian drones, Kyiv said. The Lukoil oil refinery in Russia’s Nizhny Novgorod ...