PBF reported $383.2 million loss from operations in the fourth quarter, extending the string of quarterly losses to three. Officials blamed the results on constricted global refining margins and weak ...

Independent U.S. refiner PBF Energy plans to operate its seven refineries up to 76% of their combined production capacity of 1 MMbpd in the first quarter of 2025.

Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though it beat Wall Street's profit estimate with higher oil and gas production.

Ukrainian drones attacked an oil refinery owned by Lukoil, one of Russia's largest oil producers, in Volgograd Oblast overnight on Jan. 31, the General Staff of Ukraine's Armed Forces reported.

This refinery is one of Russia's ten largest oil refineries by design capacity and plays a role in supplying the Russian military. "Flames and explosions were observed in the vicinity of this key ...

and refining, which makes it essential to the world’s energy trade. 11.3 million barrels of crude oil are produced in the United States every day, which generates a significant demand for the rental ...

Exxon Posts Mixed Q4 Results With Higher Oil Production, Weak Refining Profit By Sheila Dang HOUSTON (Reuters) -Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in ...

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Elon Musk hailed Donald Trump’s second presidential term as “the return of the king,” and Trump is acting that way, governing as if he possesses a divine right to exercise unlimited power.

Shell is the operator of the Scotford upgrader and Quest CCS facility, located next to the Shell-owned Scotford refinery and chemicals plants near Edmonton. The swap stems from a provision in a 2017 ...

causing oil leakage and fire. The attack also hit a missile storage facility in Russia's Tver region, leading to explosions, according to a Ukrainian source. Independent verification is pending. This ...