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 ...

The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.

Let's answer your questions from the internet. This is supply chain support. First question, AnEmortalKid asks, how do tariffs work? of the cost of your import, right?

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Indian Oil Corporation to invest ₹61,000 crore in petrochemical complex at Paradip, Odisha, meeting rising demand for ...

U.S. President Donald Trump promised to bring down energy prices, and on that front at least, he has delivered.

The Director-General of the State Interests and Governance Authority (SIGA), Professor Michael Kpessa-Whyte, has backed calls ...

COLOMBO, Sri Lanka (AP) — Indian Prime Minister Narendra Modi on Saturday inaugurated construction work on a solar plant in ...