The state-owned energy giants signed a deal for the potential expansion of their Yanbu refinery to include petrochemical ...

An oil refinery operated by Russian oil giant Rosneft in Komsomolsk-on-Amur in the country's Far East region is producing at full capacity after a fire at the site was extinguished on Thursday.

At 442.3 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year', the U.S. Energy Information Administration said. Image by yamonstro ...

In the first two months of this year, independent refiners in refining hub Shandong known as teapots curbed production to just over half of their capacity, as they faced higher crude oil costs due ...