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 ...

LONDON/NEW YORK/NEW DELHI, Nov 18 (Reuters) - Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and ...

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 ...

Explore the challenges and considerations for Indian firms eyeing Venezuelan oil imports amidst political and logistical ...

Add Yahoo as a preferred source to see more of our stories on Google. On Saturday morning, John Beard woke up to news that he’d been dreading, but preparing for: A global oil crisis could hit closer ...

U.S. Special Forces captured and extradited Venezuelan President Nicolás Maduro Saturday in a move that President Donald Trump said was meant to usher American oil expertise and investment into the ...

Senator and agribusiness tycoon Mong Reththy is pressing ahead with what he calls a comprehensive, “one for all” strategy in ...

Comrade Festus Osifo has explained why organised labour in the oil and gas sector is opposing President Bola Tinubu’s recent ...

As India begins reducing its Russian crude oil imports, under pressure from the US, its overall crude oil import bill is expected to increase by $2-3 per barrel, which can be offset by Venezuelan ...