Weak oil prices and low refining margins weighed on results, while the energy giant said it would buy back shares worth $3.5 ...

The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its ...

The oil-producing nation of Nigeria, which in an ironic twist has historically been dependent on fuel imports is set for an 8 ...

Viva's fourth-quarter 2024 Geelong refiner margin was 24% below the previous corresponding period at USD 6.70 per barrel. The refined fuel retailer is guiding to underlying 2024 group EBITDA of AUD ...

PT Pertamina let a contract to ABL Group ASA to deliver services for a project to improve asset management and maintenance ...

Russian Lukoil oil refinery struck by multiple Ukrainian drones, military intelligence source claims Russian assault ...

Valero's Q3 results showed strong revenue but declining refining and renewable diesel segment profits, with shares down 1.2% ...

Mergers and acquisitions in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third-highest annual total ...

U.S. crude stocks rose last week as refinery utilization slipped, the Energy Information Administration (EIA) said on Wednesday, as winter storms sweeping the country hit fuelmakers' operations and ...

Ukraine hits second major Russian oil refinery in a week after Zelensky hails Kyiv’s growing long-range drone capabilities as ...

A Ukrainian drone attack killed a mother and her toddler in western Russia on Wednesday, local officials said, in a major ...

U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to data released Wednesday by the U.S. Energy Information ...