Global commodity trader Gunvor and State Oil Company of Azerbaijan (SOCAR) are neck and neck in the race to buy oil refiner Italiana Petroli, three sources close to the matter said on Friday, as an ...

Petrobras started operations at a new diesel hydrotreatment unit at Brazil's largest refinery. its 434K bbl/day Replan ...

Entered into operation on May 27, the new diesel hydrotreating unit is equipped to produce 63,000 b/d of low-sulfur S-10 ...

The company can maintain key infrastructure but is barred from importing oil from the South American country.

The Trump administration has issued a narrow authorization for U.S. oil producer Chevron to keep assets in Venezuela, ...

Dow Jones Top Energy Headlines at 11 AM ET: Oil Futures Lose Ground As U.S. Markets Reopen | Enel ... Crude futures moved lower, with the delay to Trump's 50% tariffs on imports from the EU providing ...

Driving forces include rising demand for high-performance engines, increased marine applications, and enhanced refinery capabilities. There's also a ...