Bahrain is a vital country in the development of oil across the Arabian Gulf. The country was home to the first oil well ...

OPEC producer Iraq has signed a contract to expand the oil refinery in the South-Central Al-Diwaniya city at a cost of around $800 million. Prime Minister Mohammed Al-Sudani said after the signing on ...

US refiners in the Midwest are unlikely to reduce imports from Canada as the limited substitutability of Canadian crude with ...

Oil, whose main shareholder is Saudi Aramco, on Friday said it expects steady first-quarter refining margin due to reduced exports from China and increased seasonal demand. Over the October-December ...

Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese tariff and tax policies plunge them deeper into losses, ...

The Iraqi government signed on Wednesday a contract worth $800 million to increase the capacity of the Diwaniyah Refinery.

HOUSTON - Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil and Shell all reported fourth-quarter earnings that were hit ...

LyondellBasell Industries said it has halted operations of a crude and coker unit at its 290,000 b/d Houston refinery as the global chemicals company continued the oil refinery's scheduled shutdown ...