Taiwan's Formosa Petrochemical Corp is operating its refinery at 68% capacity this month, or about 370,000 barrels per day, down from 70% in March due to planned maintenance on one of its refining ...

Neste Corp. has completed upgrading works to enable production of sustainable aviation fuel at its renewable-fuels refinery ...

Oil prices slid to a four-year low Wednesday as fears of a global recession grew amid the latest round of tariff increases.

U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada and Mexico, industry sources and analysts said, an obstacle to ...

U.S. crude oil refinery inputs averaged 15.6 million barrels per day during the week ending April 4, 2025, which was 69 ...