Gov. Gavin Newsom seems to be taking a friendlier tone regarding the petroleum industry, as two refineries recently announced ...

This allows LyondellBasell to manufacture at a significant cost advantage to marginal-cost producers that rely on higher-cost crude oil-based feedstocks to make the same products. Lyondell’s commodity ...

The oil and gas sector faces a pivotal moment in 2025 as it deals with complex dynamics from global tensions, evolving policy ...

Oil companies are expected to hike fuel prices again in the coming week due to further tightening of global crude supply.

Filipino consumers are bracing for a significant hike in fuel prices next week, with the Department of Energy (DOE) ...

Rompetrol Rafinare is set to restart its Low-Density Polyethylene (LDPE) unit at the Petromidia refinery in early May, ...

Oil prices were set for a weekly decline of nearly 2% on the back of oversupply concerns and uncertainty around tariff talks ...

The recent decision by the United States government to impose a 14% tariff on most Nigerian exports—excluding oil and gas—has ...

Oil prices rose on Friday amid evaluation of the supply outlook and a potential increase in output from OPEC+. This also came ...

Crude oil prices are set for a weekly loss due to rumors of increased OPEC+ supply and renewed hopes for peace in Ukraine, ...

Despite the uptick, prices remain on course for a weekly decline due to mounting oversupply concerns fueled by the potential for increased OPEC+, the Organization of the Petroleum Exporting Countries ...

Oil prices edged higher on Friday but were on track for a weekly loss as a potential OPEC+ output increase and ...