U.S. refineries can process shale oil, but economics—not capability—drive imports and exports. Here’s why the system works ...

Oil is never just oil. In its crude form, it is merely potential — latent energy waiting to be transformed. Only through the ...

TOKYO, Japan — Crude oil prices opened higher on Monday, with US benchmark West Texas Intermediate up 1.86 percent to $113.62 ...

MANILA, Philippines — Tycoon Ramon Ang’s Petron Corp. stands to benefit the most from Iran’s assurance of safe passage of ...

With the current losses suffered by the Kuwaiti and Gulf oil sectors due to the closure of the Strait of Hormuz amid the ongoing war ...

Under G. Krishnakumar, who was the CMD between 2022-25, Bharat Petroleum Corporation increased exposure to the spot oil market and diversified its crude basket to mitigate geopolitical risks.

Despite the government’s confidence that the nation can avoid a crippling fuel shortage, attention has turned to what options ...

Delta Air Lines’ investment in a Trainer refinery operated by Monroe Energy has been beneficial as jet fuel prices surge from ...

Saudi Arabia's Aramco Ventures participated in a $36 million funding round for the US-based deeptech startup Via ...

The war has inadvertently shown Iran how it can weaponise the chokepoint critical for oil trade. Read more at ...

India, April 6 -- Shares of India's largest conglomerate by market value fell over 4 percent in Monday's session, touching a ...

India faces a deepening fuel supply challenge as West Asia war disrupts key oil imports, threatening diesel output and ...