Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...

“During my state visit to China, we secured one of our largest foreign direct investments — a $3.7B agreement with @SinopecNews to build an advanced oil refinery in Hambantota. This will boost ...

SINGAPORE, Jan 17 (Reuters) - China's oil refinery throughput in 2024 fell for the first time in more than two decades barring the pandemic-hit year of 2022, government data showed on Friday ...

He became the refinery’s top executive in summer 2024 after more than two decades at ExxonMobil. DellaFranco, 45 years old, grew up in suburban Philadelphia, studied engineering at Pennsylvania State ...

Exxon Mobil Corporation XOM has made a significant natural gas discovery off Egypt’s Mediterranean coast, an area of growing importance for the global energy sector. The find, announced in an ...

A fire erupted at the Lukoil oil refinery in Volgograd’s Krasnoarmeysky district in the early hours of Wednesday, Jan. 15, the Moscow Times reported citing Russian Telegram channels Residents reported ...

ExxonMobil Corp has been fined about $165,000 by U.S. regulators for safety lapses including inadequate training and equipment maintenance over an explosion that injured four workers at an aging Baton ...

While power has since been restored, resuming full capacity at the refinery would take at least a week and up to two. Viva will use stockpiled oil to meet market orders, and could increase imports ...

Calumet subsidiary Montana Renewables closed on a conditional loan guarantee from the US DOE to fund the proposed MaxSAF expansion at its renewable fuels manufacturing plant in Montana. Calumet ...

Snow removal crews have completed plowing the main arterials and collectors in Billings. They are now moving on to haul snow from the center of the streets with windrows. The snow removal process will ...

Saudi Arabia's state-owned oil company, Aramco, expressed interest in establishing a refinery in Bangladesh, which could significantly boost the production of petroleum products for both domestic ...