China's Shandong Yulong Petrochemical plans to invest $117.86 billion yuan ($16.42 billion) to produce chemicals at its refinery complex in Yantai, according to a government notice detailing the ...

In May, Pemex's international trading arm, PMI, forecast that the company would export less this year because more would be sent to local refineries, including to its new Olmeca refinery in the port ...

Supertanker Kalliopi was in the process of discharging Iraqi oil for India's Nayara Energy on Wednesday, the first delivery of crude for the refiner since it was sanctioned by the European Union.

U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending July 25, the Energy Information Administration (EIA) said.

Microsoft suspended service after the EU introduced its fresh round of sanctions on July 18 against Russia and its energy sector that also cover Nayara, majority owned by Russian entities such as oil ...