After a reported Q1 loss, Dow Chemical plans to launch an action plan to further reduce spending and deliver $6 B in cash ...

Wärtsilä Gas Solutions, part of technology group Wärtsilä, and Höegh Evi, a global leader in marine energy infrastructure, have successfully completed the development of the world’s first floating ...

Phillips 66 has reported a bigger-than-expected loss for the first quarter, hurt by lower refining margins amid widespread maintenance and turnaround activities across the U.S. refining sector.

Yokogawa Electric Corp. has finalized an agreement to acquire Singapore-based Web Synergies, a leading provider of information technology (IT) and integrated IT and operational technology (OT) ...

Indian Oil Corp. plans to operate its Gujarat refinery in western India at an expanded capacity of 360,000 bpd by mid-2026, executive director Biplob Biswas said.

Amogy, a provider of scalable and efficient ammonia-to-power solutions, has announced a collaboration with GS Engineering & Construction (GS E&C), HD Hyundai Infracore (HDI) and Pohang-si, the largest ...

Governor Gavin Newsom has directed state officials to step up efforts to guarantee reliable fuel supplies for the nation's biggest auto market, prompting oil companies to blame state policies for ...

The British government and Italian energy group Eni ENI.MI have reached an agreement for the launch of the Liverpool Bay carbon capture and storage (CCS) project, opening the way to the construction ...

Valero Energy reported a first-quarter loss compared with a year-ago profit, weighed down by lower refining margins and around $1 billion in impairment charges related to its West Coast assets.

Neste and Finnish company Eckerö Line, which operates ferry services between Helsinki and Tallinn, are continuing their collaboration to reduce maritime emissions. Eckerö Line provides freight and ...

Tax breaks will be extended until the end of June, with the rate adjusted to 10% for gasoline, from the current 15%, and that for diesel and liquefied petroleum gas butane to 15% from 23%.

TotalEnergies’ Antwerp platform provides an update on its investments for the future and announces plan to reconfigure its ...