Mexico plans to boost its crude oil reserves to ensure it has enough for at least a decade of consumption, the chief executive officer of state energy company Pemex, Victor Rodriguez, said on ...

Some U.S. Gulf Coast refiners have recently paid prices over the Brent crude benchmark for Trinidad and Tobago's Molo heavy sour crude, the CEO of the country's state-owned oil company, Heritage ...

The American Petroleum Institute reportedly shows a build of 9.04M barrels of oil in U.S. commercial stockpiles, much larger than expected, for the week ending February 7. Gasoline inventories ...

The oil fields, with fully operational production infrastructure, comprise 38,301 acres onshore Brazil, Potiguar basin, adjacent to Petro-Victory's existing assets. Current production is 250 b/d “with ...

While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now ...

Chinese refiners are being offered Russian ESPO crude at discounted prices as rising concerns over U.S. sanctions create ...