The Chairman of the National Oil Corporation, Masoud Suleiman, said that boosting domestic fuel production is one of the key ...

Despite Ukraine's numerous strikes, the aggressor country russia has reduced oil refining by only 3%. The russians have used reserve capacities to compensate for the damage caused by the attacks. It ...

LONDON, Nov 3 (Reuters) - Top Western oil companies are enjoying a windfall from the expanding attacks on Russia's oil industry – both literal and economic – that have boosted global refining profit ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Kazakhstan plans to build a new large refinery and boost existing refining ...

Analysts warn that any easing of sanctions will add to an already oversupplied global market. Reaching peak production levels requires massive investment and sustained political stability. Oil ...

If sanctions ease and Venezuelan crude returns to global markets, India could once again have the option of tapping a source ...

Demand for refined petroleum products (think gasoline, diesel, and jet fuel) is through the roof these days. Oil refiners can't keep up with demand, which is sending refined-product prices higher.

Much of the American refining infrastructure was specifically engineered to process heavy crudes from Latin America and ...

Centrum Broking noted the transitioning of governments and investment by oil companies in less stable economies have proved to be a challenge over the past decade.