Venezuela-owned refiner Citgo Petroleum registered an $82 million net loss in the first quarter, compared to a net income of ...

Marathon Petroleum swung to a first-quarter loss of of $74 million as refining profit margins fell sharply alongside oil and ...

The South African government petroleum agency has refused to provide details of its controversial oil and gas exploration project slap-bang in the middle of the world’s largest animal migration path.

Marathon Petroleum on Thursday reported flaring at its 365,000-barrel-per-day (bpd) refinery in Carson, California, according ...

If there’s a lesson to be learned from the past two decades, it’s that no one should write off the growth prospects of the US ...

OLA Energy Kenya, formerly known as Oil Libya, is a subsidiary of the Libya Africa Investment Portfolio, a sovereign wealth ...

WEB: Before he joined Berkshire Hathaway, Greg Abel led a geothermal company with plants in California. Oh, how times have ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Industry officials see carbon capture as a way to keep Louisiana's petrochemical sector relevant as much of the rest of the ...

The expanded restrictions indicate a more cautious posture by Indian authorities than in previous military escalations with ...

First Quarter 2025 Key Highlights (vs. Year-Ago Quarter) 1,2 Net loss for the quarter was $12.7 million compared to a net loss of $0.6 million. Adjusted EBITDA for the quarter was $30.9 million ...

Marathon Petroleum reported a net loss in the first quarter of 2025 due to lower refining margins and significant planned ...