Experts say a new refinery would need to use imported oil and question how it would be competitive.

By Enes Tunagur and Robert Harvey LONDON, July 30 (Reuters) - Global miner and commodities trader Glencore will supply Germany's Wilhelmshaven oil refinery and sell its refined fuels, after entering ...

A Fort Worth company is helping pitch a $5 billion refinery outside the Strait of Hormuz. The location remains up in the air.

BP posted its strongest quarterly profit in more than four years as its refining and trading businesses boomed during the ...

Commodities giant claims it was misled about the company’s financial position before supplying millions of pounds worth of ...

Global energy giant BP has trimmed its refinery portfolio down to just five sites following the sale of one of its facilities ...

President Trump said U.S. oil companies made "too much money" from high oil prices. "I'm not happy about it," he added.

In 1911, the Supreme Court ruled that Standard Oil violated the Sherman Antitrust Act and ordered the company to be broken ...

The result come after U.S. President Donald Trump lashed out at Big Oil for making "too much money" off higher fuel prices ...

The decision to potentially build a new oil processing plant reflects the government's desire to cut its dependence on ...

MOSCOW, July 27 (Reuters) - Ukrainian forces are striking Russia's energy infrastructure in what Kyiv says is an effort to ...

The product slate is focused on high-specification middle distillates, including ultra-low sulphur diesel and jet fuel, for selected import-dependent markets in the United States, the Atlantic Basin, ...