The purchase allows the Japanese refiner to tap growing demand for refined products in the Asia-Pacific region at a time when ...

Crudes from Latin America, West Africa and the US help Asian refiners in their scramble to fill the Hormuz-sized supply gap.

Despite soaring prices for Russian Urals crude, there appears to be little appetite in Europe to enforce the price cap.

Consumers have tapped surplus oil-on-water and near-record stocks to mitigate supply losses from Hormuz's near-closure. But ...

Everything hinges on the Strait of Hormuz opening soon, but forecasters believe the oil market could return to surplus by the ...

The enhanced geothermal specialist's stock price shot up by more than 30% on its first day in a strong show of confidence for ...

Abu Dhabi’s newly formed sovereign wealth fund L’imad Holding has teamed up with local and global partners on a $30 billion ...

Despite higher prompt and futures prices, shale players cite the uncertain market outlook for their cautious approach to ...

The Ichthys operator is closing in on negotiations with the labor unions that are threatening protected industrial action.

Russian crude exports fell by nearly 700,000 b/d in the first half of May, compared with April, according to tanker tracker ...

Saudi Arabia — the Mideast Gulf’s largest crude producer — has weathered the regional crisis better than many of its ...

Vietnam’s largest refinery, Nghi Son, has moved swiftly to diversify suppliers to replace lost volumes from Kuwait.