India often draws fire for its apathy towards research and development. Bio-bitumen could be a small but significant step in ...

The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump ...

Exxon Mobil is preparing to run Venezuelan crude oil at its Baton Rouge, Louisiana refinery, people familiar with plant ...

Venezuelan crude is attractive to complex U.S. refiners with coking capacity, but only a subset of Gulf and East Coast plants ...

Phillips 66 (NYSE:PSX) announced on January 5 that it had agreed to acquire the assets and infrastructure of Lindsey Oil ...

This was all before last week’s lightning bolt of news: that the U.S. military had bombed Venezuela and seized its indicted ...

Companies that already have operations in the country stand to benefit, but those that have profited from a standoff between ...

Indonesia inaugurated on Monday the upgraded Balikpapan refinery, which cost $7.4 billion to redevelop and is another step ...

Texas Commission on Environmetnal Quality hears complaints about Marathon Petroleum's El Paso oil refinery at meeting for air ...

Get today's top Nigerian news recap. A petrol price war deepens, Rivers impeachment drama continues, and Chimamanda Adichie ...

Much of the American refining infrastructure was specifically engineered to process heavy crudes from Latin America and ...

UBS says ExxonMobil’s refining business is undervalued and could lift earnings and free cash flow through 2029.