Saudi Arabia has shut down operations at the Ras Tanura oil refinery after it was struck by Iranian Shahed-136 drones. The ...

Dangote Petroleum Refinery & Petrochemicals yesterday laid bare the cost of its crude oil purchase, insisting that products ...

With shipping via Strait of Hormuz restricted, international oil prices are spiking. Industry experts see the move as part of ...

According to Dayanand Mittal of JM Financial, in case such events continue to drag on, the countries will first start to ...

S-Oil swung to an annual profit as it reported stronger-than-expected net profit for the final quarter of 2025, driven by solid refining margins. The Saudi Aramco-controlled South Korean refiner said ...

The rise in crude oil prices poses significant risks for India's economy and its oil marketing companies, particularly as OMC stocks decline amidst escalating Middle East tensions. A spike in Brent ...

With the US capturing Venezuela’s President Nicolás Maduro on January 3 and taking him to face charges in a US court, including narco-terrorism conspiracy and cocaine importation conspiracy, the oil ...

China is pushing to merge a state-run petrochemical corporation with an aviation fuel corporation. Analysts say China, which is aiming to become an aviation power, is seeking to strengthen ...