The plant, one of Russia's biggest Black Sea refineries, is technically able to operate, but will remain idle in October amid low profitability for exports of refined fuels compared to crude, traders ...

Iraq's Kerbala refinery is under extensive maintenance and has been non-operational since Sept. 25, knocking out 150,000 bpd of processing capacity.

A consortium led by Mason Capital Management announced that it has entered into a definitive agreement to acquire the CB&I storage solutions business from McDermott International, Ltd.

Italy's Eni will decide about additional stake sales in its renewable and biofuel units, its CEO said, keeping in mind that it wants to list them on the stock market and retain the majority of their ...

Shell's refining profit margins dropped by nearly 30% in the third quarter from the previous three months as global demand sagged, while oil product trading earnings also weakened.

BASF and Evonik have agreed on the first delivery of BASF’s ammonia BMBcert grade. Thereby, both chemical companies demonstrate their commitment to offer products with a reduced product carbon ...

Enbridge Inc. will build, own and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently ...

The U.S. Energy Information Administration (EIA) expects distillate fuel oil consumption to increase in the fall as ...

Singapore's middle distillates inventories rebounded to a three-week high after falling for three consecutive weeks.

Mitsubishi Heavy Industries Compressor International Corp. (MCO-I), a leader in the design and manufacturing of compressors, ...

ABS has awarded approval in principle (AIP) for two new autonomous technologies from HD Korea Shipbuilding & Offshore ...

Repsol will collaborate with ECI Group in the licensing agreement with Shaanxi Yanchang China Coal Yulin Energy & Chemical Co. Ltd. (YECC), part of the Shaanxi Yanchang Petroleum Group, China’s fourth ...