Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...

With its current production capacity of 500,000bpd ... So, it is a normal process to source crude oil anywhere it is available,” an official at the plant told The PUNCH. Recall that in July ...

US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China’s retaliatory tariffs on the ...

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

Tariffs on crude oil — or witholding it entirely — in response to Trump's threats would cause pain on both sides of the ...

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

That explains the excitement around a chemical plant that will start commercial operations this year in northeast England. In ...

He added that the exact impact of tariffs on gas prices will likely be muddied by the annual spring price increase thanks to ...

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