Since Caracas signed a flagship oil supply deal with Washington after the U.S. capture of President Nicolas Maduro in January, only a small group of companies have been able to buy cargoes directly ...

About 40% of domestic naphtha consumption is met by domestic production, with another 40% sourced from the Middle East and 20% from other regions, but the war in the Middle East has made imports from ...

Such a measure could help fund relief for consumers in the face of high energy prices and be a signal that "we stand united and are able to take action", they said.

The Strait of Hormuz's closure and the resulting surge in global oil prices have handed financial windfalls to Iran, Oman and Saudi Arabia, while other states that lack alternative shipment routes ...

Indian Oil Corp. and Bharat Petroleum Corp. were among the companies that had planned to shut units at some of their refineries for routine maintenance.

The European Investment Bank (EIB) and Eni signed a 15-year loan for €500 million to convert selected units of Eni’s ...

Damietta Green Ammonia SAE—a joint venture between Scatec, ECHEM and MOPCO—has completed pre-FEED studies for its $873-MM green ammonia project in New Damietta, Egypt. Pre-FEED studies have been ...

Produced at Enilive's biorefineries in Venice and Gela mainly from waste, such as used cooking oil and animal fats, and ...

Brazilian state-run oil firm Petrobras has delivered liquefied petroleum gas auctioned off at high prices, even after President Luiz Inacio Lula da Silva said the government would annul it to protect ...

Topsoe has signed a front-end engineering and design (FEED) agreement with Hynfra P.S.A. for an advanced gree ammonia project ...

A large fire broke out at a petrochemicals plant in Russia's Tatarstan region on Tuesday, killing at least three people, including a firefighter, and injuring dozens.

From next year, authorities will conduct annual rolling surveys and assess any newly identified outdated facilities.