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 ...

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 ...

Venezuelan crude oil worth $2.8 billion could reach Texas refineries next week following Trump's announcement of 50 million ...

Venezuela sits on 303 billion barrels of oil—more than Saudi Arabia. So why does it pump less than 1% of global supply? The answer involves nationalizations, sanctions and crude that's harder to ...

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

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 ...

Reliance, which operates the world's largest single-site oil refining complex in Jamnagar, purchased about half of the 1.7-1.8 million barrels per day of discounted Russian crude shipped to India.

The new head of Gunvor Group — the energy merchant which announced a staff buyout on Monday — said earnings have rebounded from a poor first half amid better trading opportunities and strong ...

Exxon Mobil Corporation XOM recently announced its expectations for third-quarter 2025 earnings. The large integrated energy company expects its earnings to increase sequentially by up to $300 million ...

SEOUL, Oct 28 (Reuters) - South Korea's S-Oil Corp (010950.KS), opens new tab said on Wednesday refining margins are expected to improve in the fourth quarter, supported by increased demand for ...

PetroChina plans to phase out production at 19 old and inefficient units across its refining and petrochemicals facilities as China looks to trim overcapacity that has weighed on the downstream sector ...

After nearly eight years of inactivity, the Tema Oil Refinery (TOR) is preparing to resume crude oil refining operations by the end of October 2025, according to the company’s Corporate Affairs ...