Exxon, Chevron and other companies are navigating the worst shortfall in supplies in decades. Yet they’re sending more cash ...

Venezuela is home to the world's largest known crude oil reserve. While some want to extract this oil for monetary benefit, ...

However, judges note oil refinery will eventually have to close in line with government decision The post High Court allows ...

Because of an archaic refining infrastructure, America’s oil industry is in the curious position of shipping much of what it extracts to foreign refineries for processing, while importing what it can ...

The Minerva Gloria is docked at a wharf in the Mississippi Sound, not far from the US's vast oil reserves in the Gulf of Mexico. The ship, 820ft (250m) long, painted navy and burgundy, is carrying ...

Black Sea Petroleum has commissioned Georgia's first full-cycle oil refinery, dispatched the first Georgian refined oil ...

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 ...

MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to Mauritius ...

A massive oil refinery responsible for 30% of Russia’s gas consumption was ignited during an assault by dozens of Ukrainian drones, Kyiv said. The Lukoil oil refinery in Russia’s Nizhny Novgorod ...

Russia's vast Kirishinefteorgsintez (Kirishi) oil refinery halted processing on ​Tuesday following Ukrainian drone attacks which ‌damaged the plant's units and caused a fire, two industry sources said ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. FREEPORT, TEXAS - JANUARY 14: The Nave Photon crude oil tanker is ...