Increasing export infrastructure will enable more growth in American oil production as momentum fades on a post-Biden administration phase-out of fossil fuels.

Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, ...

The second unit of Eastern Refinery Limited (ERL) could save Bangladesh millions of dollars annually by reducing reliance on expensive refined oil imports. Yet, more than five decades after the ...

Cenovus management is focused on long-term fixes, requiring investor patience for strategy execution and profitability. See ...

The site in Ellesmere Port is the second biggest of its kind in Britain and produces around a sixth of the UK's petrol needs ...

The new sustainable aviation fuel (SAF) and renewable diesel (HVO) unit will have a production capacity of 250,000 tons of sustainable fuels per year, starting in 2028.

Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as ...

U.S. crude oil stockpiles rose while gasoline and distillate inventories fell last week as seasonal maintenance at refineries ...

The new facility will integrate SAF and HVO production with existing fuel production, storage and distribution infrastructure ...

Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced its fourth-quarter and full-year 2024 financial and operating results. In the quarter, the company generated over $2.0 billion in cash from ...

With construction under way, the SAF-HVO plant, once online, will be able to process a mix of biofeedstocks to produce a combined 250,000 tpy of SAF and HVO.

OMV Petrom S.A. (Bucharest, Romania) announced the start of construction for a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit ...