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 ...

It was a week when oil prices rose while natural gas futures briefly surpassed the $4 mark. The headlines revolved around energy biggie ExxonMobil’s XOM Q4 earnings update and downstream operator ...

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 ...

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 ...