In a major move to boost petrochemical output and capture a greater share of global markets, China Petroleum and Chemical ...

The United States government today announced a new wave of sanctions targeting Iran's oil supply chain, imposing penalties on ...

“Rectifying these issues requires a comprehensive approach that includes securing consistent, predictable and durable federal ...

WANG GUOZHANG/FOR CHINA DAILY In a strategic move to boost capacity to meet the escalating global demand for high-quality ...

Taiwan's Formosa Petrochemical Corp is operating its refinery at 68% capacity this month, or about 370,000 barrels per day, down from 70% in March due to planned maintenance on one of its refining ...

Bhubaneswar: The Odisha government on Tuesday signed 13 MoUs including IOCL’s Dual-Feed Naphtha Cracker Project and received ...

Dangote Petroleum Refinery and Petrochemicals has implemented a downward review of its ex-depot (gantry) loading cost of petrol to N865 ...

The oil and gas sector is expected to face growing headwinds in the coming months, driven by geopolitical tensions, trade ...

China's National Oil Companies are at the forefront of the nation's energy security strategy, employing innovative ...

The Iranian regime continues to engage in destabilizing activities in the Middle East and beyond. Today, the United States is taking action under ...

Oil prices on the U.S. stock exchanges are declining again after brief increases. CNBC noted that futures contracts decreased ...