Police say they have opened a criminal investigation into a collision between a cargo ship and an oil tanker in the North Sea ...

A cargo ship that smashed into a US military chartered oil tanker off the northeast coast of England on Monday was carrying ...

Motorists in Colorado should get ready to pay more at the pump after Suncor Energy announced this week it would shut down its Commerce City oil refinery ... The company says that 95% of what ...

but Oando’s ability to secure substantial financing in the upstream oil sector gave it an advantage. Young also made it clear that protecting Paria Fuel Trading Company’s assets was crucial to ...

Mark Jensen, CEO of American Resources and ReElement, emphasized the importance of the company's refining capabilities in the context of a global shortage of economically viable refining capacity ...

BEIJING: Oil prices rose for a second day on Tuesday as fresh U.S. sanctions imposed on Middle Eastern producer Iran increased concerns supply might tighten and as global refining margins remained ...

NEW YORK: Oil prices fell more than 2% to a two-month low on Tuesday on negative economic news from the U.S. and Germany, driven in part by worries about U.S. President Donald Trump’s push for ...

MOSCOW - Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones on Monday, three industry sources told Reuters. The main crude distillation unit at the refinery ...

Drones struck the Ryazan oil refinery in Ryazan Oblast, 100 miles south of Moscow and 300 miles from Ukraine. According to the Ukrainian Center for Defense Strategies, the blast triggered a blaze ...

LONDON - Oil prices extended last week's losses on Monday as investors awaited clarity on talks to end the war in Ukraine and weighed up the prospect of a resumption in crude exports from northern ...

Ukrainian forces targeted the Ryazan Oil Refining Company, Russia’s largest refinery in the Central Federal District, along with an oil depot in the Tula region, causing major fires and explosions.