In trading on Friday, defense shares were relative leaders, up on the day by about 2.8%. Leading the group were shares of Elbit Systems, up about 7.4% and shares of Lockheed Martin up about 3.7% ...

As tensions surge following Israeli strikes on Iran, fears have resurfaced that the Tehran could retaliate by targeting one of the world's most vital oil arteries — the Strait of Hormuz. Stream ...

“The 2024 oil block licensing round adhered fully to all statutory provisions and guidelines, with no discrimination or corrupt practices involved,” the source read in part. Komolafe stated that the ...

Turning crude oil into everyday fuels like gasoline, diesel, and heating oil demands a huge amount of energy. In fact, this process is responsible for about 6 percent of the world’s carbon dioxide ...

Oil India Limited starts natural gas production at Bakhri Tibba block. The block is near the India-Pakistan border in Rajasthan. Hardeep Singh Puri announced the start of production. The gas ...

Government owned Oil India Ltd (OIL) has commenced natural gas production from the Bakhri Tibba block, located in the desert belt near the India-Pakistan border in Rajasthan's Jaisalmer district. The ...

The refining process can improve the edible oil’s smoke point and reduce the heat-cooking fume emissions. However, the influence of temperature, refining level, and trace components within rapeseed ...

Stepan has expanded its Alpha Olefin Sulfonates production capacity by 25%. The chemicals maker said Tuesday the expanded production is a result of targeted capital investments and process ...

Just a few months ago, oil majors were warning 2025 would be a bleak year for refining. TotalEnergies and BP reported lower first-quarter profits because of weaker earnings from fuels.

Oil India (OIL) commenced gas production from the Bakhritibba Discovered Small Field block in Rajasthan’s Jaisalmer district on June 1. It set a benchmark by achieving fast monetisation from the ...

Both crude units at BP's Rotterdam oil refinery are offline following a shutdown at one 200,000 barrels per day (bpd) unit in the morning of June 3, energy consultancy Wood Mackenzie said on Tuesday.

Stepan Co. (Northbrook, Ill.) announced a significant increase in its production capacity for Alpha Olefin Sulfonates (AOS). Through strategic capital investments and process improvements, Stepan has ...