Oil prices recovered some losses on Thursday after falling nearly 2% in the previous session, with investors weighing a potential OPEC+ output increase against conflicting tariff signals from the ...

Oman’s hydrocarbon exports swelled by nearly $6.5 billion last year due to a surge in sales of refined products following the commissioning of the sultanate’s largest oil refinery. The Gulf country’s ...

Indian Oil Corp , the country's top refiner, plans to operate its Gujarat refinery in western India at an expanded capacity ...

Looking back at his 68 years of serving as a chemist for HF Sinclair, Imran Hussami shared many smiles, laughs and memories with coworkers and family as he celebrated retirement.

Crude oil prices rallied by five percent in a holiday-reduced weekly trade last week, rebounding after stabilizing in the ...

Crude oil futures rise on US sanctions against Iran, impacting global oil supply and prices. OPEC+ also reduces production.

The United States on Wednesday sanctioned Shandong Shengxing Chemical Co., Ltd, a China-based independent teapot re ...

Kuwait has begun taking executive steps to merge two of its state-owned oil firms, news agency Kuna reported on Tuesday, as the OPEC producer seeks to restructure its energy industry.

KNPC is in charge of Kuwait's refining industry while KIPIC is responsible for facilities at the Al Zour refinery ...

Opec producer Kuwait has started to merge its state oil companies to reduce their number, improve efficiency and trim costs, according to the official news agency, Kuna. The Kuwait National Petroleum ...

The refinery will cost a whopping Shs7.7 trillion. While Uganda has joined the club of oil-producing countries, it is far from being an oil-rich country. And that shows why its oil cannot be the magic ...