The pending closure of two California refineries has oil companies and environmental groups seeing more eye-to-eye.

A 24-page letter offers recommendations to Gov. Newsom. The commission also says refinery closures will add 15-30 cents to gas prices.

The state's crude oil output has been declining for some time, according to state data. Year-to-date, California has issued five new drilling permits and 2,031 plug and seal permits, according to the ...

India faces heat as EU sanctions Nayara’s refinery and lowers Russia’s oil cap, while Trump threatens steep tariffs. India ...

The European Union on Friday reached an agreement on an 18th sanctions package against Russia over its war in Ukraine, with a ...

Valero Energy is a hedge against inflation amid refinery capacity declines, rising EV sales, and limited capital investments.

More than 100 tanker drivers have been made redundant after the Prax Lindsey Oil Refinery filed for insolvency. Axis ...

RICHMOND, California (AP) — An oil tanker sat docked at Chevron’s sprawling refinery in Richmond on Thursday — a visible link between California’s appetite for Amazon crude and the remote rainforest ...

EU policymakers on Friday signaled that the price at which non-G7 countries could purchase Russian crude and access G7 ...

BRUSSELS (AP) — The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, ...

Stung by the party’s sweeping losses in November and desperate to win back working-class voters, the Democratic Party is in ...

A California Energy Commission official is recommending a pause on Gov. Gavin Newsom's plan to penalize oil companies if their profits climb too high. The commission's vice chair announced the ...