U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday, amid tariff uncertainty threatening supplies of heavy sour grades ...

Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

Troops of the Nigerian Navy under Operation Delta Sanity II, a military operation against oil thieves in the Niger Delta region, have recovered 129,400 stolen crude and destroyed 20 illegal refining ...

BP Europa SE announced its intention to market its Ruhr Oel GmbH – BP Gelsenkirchen operation in Germany for potential sale.

BP (NYSE:BP) said Thursday it will look to sell its oil refinery at Gelsenkirchen in Germany, as well as some chemical assets in the country, part of its effort to cut costs by at least $2B by the end ...

BP on Thursday said BP Europa SE will seek potential buyers for its German refinery assets. BP in March 2024 announced its ...

BP Europa SE said it intends sell its German business Ruhr Oel GmbH-BP Gelsenkirchen, without disclosing financial details. The oil-and-gas company on Thursday said the process to find a suitable ...

Oil futures on Wednesday marked their lowest settlement prices of the year, after official U.S. data showed a weekly climb of nearly 9 million barrels in U.S. crude inventories and as the U.S.-China ...

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Bahrain is a vital country in the development of oil across the Arabian Gulf. The country was home to the first oil well ...

After days of trying to process what tariffs on Canadian and Mexican oil might mean for their business, U.S. refiners saw ...

Canadian oil producers would absorb most of the cost of U.S. tariffs, while a smaller share of the added cost would be passed on to U.S. consumers. Marathon Petroleum Chief Executive Maryann Mannen ...