Flames erupted at an oil refinery in southern Russia moments after midnight on New Year's Day, as Ukrainian drones pierced ...

The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump ...

Texas Commission on Environmetnal Quality hears complaints about Marathon Petroleum's El Paso oil refinery at meeting for air ...

Venezuelan crude is attractive to complex U.S. refiners with coking capacity, but only a subset of Gulf and East Coast plants ...

Gulf Coast refineries could soak up more heavy crude, though global competition looms and a reliable supply increase may be ...

Most of the state's 15 crude oil refineries were built specifically to process the heavy sour crude that comes from Venezuela ...

Venezuela has the largest share of oil reserves in the world but hasn't been producing or refining it. See the charts.

The majority Russian-owned oil firm NIS has restarted a refinery in Serbia, resuming imports of crude oil after securing a waiver on sanctions imposed by the United States, Serbia's energy minister ...

The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the ...

The government will work to "maximise" the number of jobs saved when Lindsey Oil Refinery is taken over by a neighbouring ...

Peru is looking for private managers or investors to improve the operations of a new state-owned oil refinery that is ...